Bajaj Allianz and Can Fin Homes Tie-Up to Offer Former's Products
Published On Oct 09, 2019, Updated On Jan 28, 2020
Bajaj Allianz, a general insurer and Can Fin Homes, a housing finance firm have signed a corporate agency agreement. The tie-up aims to offer the insurer’s insurance products of Health, Motor, Travel, Personal Accident, and Home giving special attention to Long Term Dwelling Insurance for customers of Home Loan. Also for the loan borrowers of Can Fin, the insurer will distribute Critical Illness and PA Cover.
Can Fin is one of the leaders in Housing Finance and has a huge customer base. As per the agreement, Bajaj Allianz General Insurance will offer its insurance products to Can Fin’s network of 194 outlets throughout India.
Sharing insights on the partnership, the Managing Director and Chief Executive Officer of Bajaj Allianz General Insurance, Mr. Tapan Singhel shared, “Insurance penetration is still very nascent in India which requires such partnerships to help reach consumers and offer products catering to their needs. We are excited to provide Bajaj Allianz General Insurance product solutions and experience to customers of Can Fin through their strong network and provide insurance solutions to various corners of the country.”
About Can Fin Homes Limited
With more than 31 years of operation in the field, Can Fin Homes Limited is one of the leading players in the housing finance sector. As of now, Can Fin has 159 branches across the country spread across 21 States and UTs with registered office at Bangalore.
About Bajaj Allianz General Insurance
One of the major general insurance players in India, Bajaj Allianz is a joint venture between Allianz SE and Bajaj Finserv Limited. It caters to the varied insurance needs of the customers by providing insurance products of health, home, motor, wedding, film, etc. The insurer begins operation in the year 2001 and has its presence in more than 1500 towns and cities across India and the number is constantly increasing.
The tie-up aims towards offering different products and redefining the customer experience at the same time.