Strategic Partnership Signed between IFFCO Tokio General Insurance and ESAF Small Finance Bank

Published On Jul 05, 2019, Updated On Jan 22, 2020

A strategic partnership is inked between IFFCO Tokio General Insurance and ESAF Small Finance Bank. The former is one of the best private general insurers, while the latter is a Kerala based scheduled bank.

With this partnership, the customers of ESAF SFB will find the benefits of financial protection to safeguard their health and assets. The corporate agency agreement is signed between the two firms at an event in New Delhi. The collaboration will help ESAF SFB to stretch its monetary services options with the benefits of value-added options. Besides, it will lead ESAF SFB to offer access to its customers to many general insurance products and services.

“We are delighted to partner ESAF Small Finance Bank since their model of delivering financial services to the un-served and under-served segments is unique. We look forward to taking this journey together and hope to provide their customers exclusive insurance products at affordable rates and boost the bank’s efforts in making them financially secured,” said Warendra Sinha, MD & CEO, IFFCO Tokio General Insurance Company Ltd at the signing ceremony.