Private insurer Future Generali India Insurance Company Limited (FGII), a joint venture between Future Group and Generali, has entered into a corporate agency tie-up for its products with public sector UCO Bank.
Currently, bancassurance accounts for 5 per cent of Future Generali s total business, the company said in a statement today.
UCO Bank would provide a window at its branches for the marketing of the products of Future Generali.
Recently, the company tied-up with Bank of Maharashtra.
It has tie-ups with over 100 banks across the country.
Strengthening business with all the partner banks coupled with the new association of UCO Bank, the company aims to achieve a growth of 80 per cent by end of next fiscal.
(PTI)