On Wednesday, Max Life Insurance coverage Co. Ltd and YES Financial institution Restricted celebrated the completion of 17 years of strategic bancassurance partnership. The partnership has supplied integration of new-age applied sciences within the enterprise ecosystem up to now 17 years as they realigned their concentrate on a sturdy digital-first supply that goals to deliver agility into the shoppers’ monetary safety journey.
The partnership between the 2 corporations was solid on February 23, 2005. By a pan-India presence throughout 1,100 branches, the partnership between Max Life and YES Financial institution have bought roughly 4.2 lakh insurance policies and supplied a sum assured of Rs 55,498 crore to policyholders and their households. A few of the providers supplied by the Max Life – YES BANK partnership contains new-age options like My Join and Video Advertising and marketing, for all life phases together with, baby, safety, retirement, and financial savings.
Sharing his ideas on this newest milestone, Prashant Tripathy, MD and CEO of Max Life, stated, “I want to thank YES Financial institution for serving to strengthen one of many business’s most profitable relationships. Through the years, this enduring partnership has enabled us to guard the monetary targets of greater than three lakh clients and their households.”
“By leveraging know-how, we’ll guarantee seamless integration of digital throughout each buyer touchpoint that can assist intensify enterprise efficiencies,” he added.
Rajan Pental, world Head – retail Banking, YES Financial institution, additionally shared his ideas on the achievement and stated in a press release, “Our long-standing partnership with Max Life Insurance coverage has helped persistently ship new and significant choices that elevate the client expertise with streamlined processes, modern enablers, and newest know-how.”
Speaking in regards to the long-term plans of the partnership, Pental added, “We’ll proceed exploring alternatives in direction of creating holistic options that broaden the web of economic safety for our clients and in flip additional strengthen our partnership within the years to return.”
Learn all minute-by-minute information updates for Uttar Pradesh election outcomes 2022, Punjab election outcomes 2022, Uttarakhand election outcomes 2022, Manipur election outcomes 2022, and Goa election outcomes 2022.