Chennai: SBI General Insurance and Indian Overseas Bank (IOB) has signed a bancassurance agreement for distribution of non-life offerings.
Through the alliance, SBI General will offer a range of general insurance solutions and innovative products to IOB customers.
P C Kandpal, MD and CEO, SBI General Insurance, said, “Our association with IOB shall further strengthen our reach and will help us in achieving another milestone for our mission of insuring Bharat. IOB’s extensive reach in Tamilnadu region will help in wide distribution of products to customers in the region. With this tie-up, we will offer well researched, unique, and customer-friendly products to IOB customers.”