Categories: Agreements

Star Health and IDFC FIRST Bank joined together to offer Bancassurance

For the distribution of its health insurance options, the insurer and IDFC FIRST Bank have inked a corporate agency agreement. In accordance with this strategic partnership, Star Health and Allied Insurance Company will use IDFC FIRST Bank‘s cutting-edge digital platform and extensive distribution network to offer its best-in-class health insurance products to the Bank’s customers.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

KEY POINTS:

  • With a focus on going digital, IDFC FIRST Bank provides customer service through its mobile app and net banking platform, which supplement its network of branches, ATMs, and lending centres.
  • As the first independent health insurance provider in India, Star Health and Allied Insurance Company began doing business in 2006. It specialises in health, personal accident, and international travel insurance.
  • On June 27, 2022, shares of Star Health dropped 3.49 percent to Rs 514.80.

Important Takeaways for All Competitive Exams:

  • MD and CEO of IDFC FIRST Bank: V. Vaidyanathan
  • MD of Star Health: Prakash Subbarayan

Find More News Related to Agreements

Madhavi Gaur

Recent Posts

Uttarakhand Tourism Announced India’s First Astro Tourism Campaign Named ‘Nakshatra Sabha’

The Uttarakhand Tourism Development Board has teamed up with Starscapes, an astro-tourism company, to introduce…

2 days ago

UNESCO Guillermo Cano Prize 2024 Awarded to Palestine Journalists in Gaza

In a gesture of solidarity and recognition, Palestinian journalists covering the crisis in Gaza have…

2 days ago

Sanjaya Kumar Mishra to head GST Appellate Tribunal

Retired Justice Sanjaya Kumar Mishra has been appointed as the President of the Goods &…

2 days ago

RBI Approves Re-appointment of Atanu Chakraborty as HDFC Bank Part-Time Chairman

Atanu Chakraborty's re-appointment as part-time Chairman of HDFC Bank for three years, effective from May…

2 days ago

American Express Announces Inauguration of 1 Million Sq Ft Campus in Gurugram

American Express is set to inaugurate its expansive new campus in Gurugram, spanning nearly one…

2 days ago

World Press Freedom Index 2024 Announced, India Ranked 159th Out of 180 Countries

In the latest edition of the World Press Freedom Index published annually by Reporters Without…

2 days ago