A corporate agency agreement has been signed between Bajaj Allianz General Insurance (one of the leading private general insurers of India) and Manipur Rural Bank (a pioneer bank in Manipur) for a period of three years for the distribution of Bajaj Allianz General Insurance’s products across all their branches in Manipur.
Under this strategic agreement, Bajaj Allianz General Insurance will offer its industry leading general insurance products such as Health, Personal Accident, Home, Motor, and Travel insurance amongst others to financially safeguard customers of the bank. This strategic alliance aims to improve penetration and awareness of a comprehensive range of insurance products in Manipur with a concrete focus on redefining customer experience by leveraging technology.
Mr. Abhay Kumar, Chairman, Manipur Rural Bank said, “Through this partnership, our aim is to ensure that not just banking services but also insurance reaches every corner of the state. Our aim is to secure and empower farmers, self-help groups, and small traders to ensure we are able to secure them financially and facilitate them towards a better livelihood.” Mr. Rohit Jain, Head (GeoDistribution), Bajaj Allianz General Insurance said, “Manipur Rural Bank has been effectively providing financial products and solutions to the citizens in Manipur and hence this collaboration will help us in providing credible insurance solutions to their customers, thus safeguarding their overall financial stability.”
