Private insurer Future Generali India Insurance Company (FGII) has entered into a corporate agency tie-up for its products with public lender UCO Bank.
The PSU lender will provide a window at its bank branches for marketing FGII’s offerings. Apart from UCO, the company has tie-ups with over 100 banks across the country.
At present, the bancassurance model accounts for 5% of the insurer’s total business. The company aims to achieve a growth of 80% by FY18.
What can be the possible questions from above news:
Q1. Name the Public lender, which has tied up with the Future Generali India Insurance Company, recently.
Share your answer in the comment section
Source- Business Standard