The New India Assurance Co. Ltd. and Bank of India Collaborate to Offer Improved General Insurance Products

News Desk, News Nation 360 : On March 24, 2025, at its head office in Mumbai, Bank of India, one of the country's top public sector banks, and New India Assurance Co. Ltd. (NIACL), the country's top insurance provider, signed a strategic partnership to provide the Bank's clients with a comprehensive selection of general insurance products. Through this partnership, NIACL, a systemically important insurance company, will provide Bank of India's clients with access to insurance solutions, including health, auto, personal accident, home, and business insurance products. Speaking on the occasion, Rajneesh Karnatak, MD & CEO, Bank of India, stated that the partnership is a move towards providing all-inclusive insurance options in one location. Customers of Bank of India will benefit from the partnership's increased insurance penetration as well as high-quality protection and service.

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