City Union Bank, Shriram Gen Insurance tie up for distribution of products

Shriram will offer personal insurance products such as motor, personal accident, home and travel along with commercial ones such as property, marine and engineering to bank's customers

City Union Bank and Shriram General Insurance signed a corporate agency agreement on Friday, for the distribution of the latter's products through the bank’s network of 727 branches across the country.

Under the agreement, Shriram General Insurance will offer personal insurance products such as motor, personal accident, home and travel along with commercial ones such as property, marine and engineering to the bank’s customers.

“We are delighted to partner with Shriram General Insurance. We are of firm belief that partnership will certainly bring the best of non-Life Insurance products to our customers,” said N Kamakodi, managing director and chief executive officer, City