ICICI Lombard and Capital Small Finance Bank have unveiled a bancassurance tie-up to widen the Bank's product offerings and provide a diversified range of general insurance products to the customers. ICICI Lombard will be able to serve a large cohort of customers by providing access to customized and innovative insurance solutions.
Through this collaboration, Capital Small Finance Bank will leverage its network and customer base to distribute ICICI Lombard’s comprehensive suite of general insurance products, including health, motor, home, travel, and rural insurance.
Anand Singhi, Chief- Retail and Government, ICICI Lombard said, “Our alliance with Capital Small Finance Bank is a strategic move to further expand our reach especially with the Bank being deeply entrenched in Northern India.”
The addition of ICICI Lombard to the Bank's insurance partners will enhance the range of insurance solutions available to its customers, ensuring greater financial security and convenience.
Sarvjit Singh Samra, managing director (MD) and chief executive officer (CEO), Capital Small Finance Bank said, “Through this partnership, we aim to enhance accessibility to quality insurance products while reinforcing our position as a trusted financial partner in empowering businesses and individuals alike.”