TATA AIG has announced a strategic partnership with Mahindra Finance. The collaboration aims to expand the distribution of TATA AIG’s non-life insurance products via Mahindra Finance’s extensive customer network.
What Happened: TATA AIG disclosed its alliance with Mahindra Finance on Thursday. The partnership is set to enhance the distribution of TATA AIG’s non-life insurance products, including motor, health, personal accident, and other insurance solutions to over 10 million customers of Mahindra Finance.
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Neelesh Garg, CEO at TATA AIG General Insurance Co. Ltd, said, “This collaboration with Mahindra Finance is an important move towards making our insurance products more accessible. We are committed to offering customised solutions that cater to the diverse needs of our partners, ensuring comprehensive protection and financial security.”
Raul Rebello, CEO, Mahindra Finance, expressed his delight over the strategic alliance with TATA AIG. He said, “We are delighted to enter into a strategic alliance with TATA AIG to offer insurance solutions to our customers. It is a significant step in our commitment to facilitate agile and efficient products powered with personalised customer experience towards being a responsible financial solution partner to Emerging India”.
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