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Future Generali, Saraswat Bank in bancassurance tie up

Saraswat Bank PartnershipFuture Generali India Life Insurance (FGILI) and Saraswat Bank has entered into a bancassurance partnership. Under the agreement, Saraswat Bank will offer FGILI’s customised solutions to its customers through its all 250 branches, its sales force across the country as well as through their digital platforms. The partnership aims at reaching out to the customers, thereby improving the insurance protection gap and strengthening the distribution network of FGILI. The partnership will be extended across all bank branches covering six states – Maharashtra, Gujarat, Madhya Pradesh, Karnataka, Goa and Delhi. FGILI MD and CEO Munish Sharda said the partnership is in line with its strategy to grow business on the back of simple, customer-centric solutions and need-based sales process. Saraswat Bank through its 283 branches enjoy excellent relationships with its clients, and FGILI looks forward to be a solid partner with them in their growth endeavour, he said. Saraswat Bank MD S.K. Banerji said FGILI closely working with the bank in ensuring the customers have very competitive terms and best possible service shall benefit the customers immensely.

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