Source Name: HDFC ERGO
|
NSDL Payments Bank Joins Hands with HDFC ERGO to Offer Customised Insurance Solutions to Customers
|
Mumbai, Maharashtra, India
HDFC ERGO General Insurance Company, India’s leading private sector general insurance company, and NSDL Payments Bank Limited, Subsidiary of National Securities Depository Ltd. (NSDL), announced their partnership to offer a whole range of general insurance products to the bank’s customers. This partnership aims to bring together the deep distribution network of NSDL Payments Bank and the strong innovation pipeline of HDFC ERGO to contribute towards financial inclusion in the country.
Mr. Ankur Bahorey, President – Banccasurance, HDFC ERGO General Insurance said, “We are excited to tie-up with NSDL Payments Bank and support their customers in availing our wide range of health insurance covers. We are confident that a seamless digital sales platform will provide a smooth buying experience to the bank customers. Through this partnership, HDFC ERGO is yet again enforcing our commitment of reaching out to customers and making our products available to all possible sections of the society.”
Speaking on the partnership Mr. Ashutosh Singh, CEO, NSDL Payments Bank said, “Investing in one’s health has always been important but this realization has been amplified in the last 6 months. Our association with HDFC ERGO will help us move in the direction of offering a comprehensive product portfolio for our customers highlighting the importance of holistic health and wealth plans. Also, as more than 75% of our base is below the age of 30, we are excited to introduce them to right asset allocation strategies from an early age. Towards that end our partnership with HFDC ERGO assumes a lot of significance and is an important milestone in our continued journey to offer wholesome solutions to our customers.’ About HDFC ERGO
HDFC ERGO General Insurance Company Ltd. is a 51:49 joint venture between the Housing Development Finance Corporation Ltd. (HDFC); India’s premier Housing Finance Institution and ERGO Group AG; the primary insurance entity of the Munich Re Group of Germany. HDFC ERGO, the third largest General Insurance provider in the private sector, offers the complete range of general insurance products including Motor, Health, Home, Agriculture, Travel, Credit, Cyber and Personal Accident in the retail space and Property, Marine, Engineering, Marine Cargo, Group Health and Liability Insurance in the corporate space. |