FGII signed Bancassurance Pact with BoI

October 26, 2021
Current Context: The Future Generali India Insurance (FGII) has signed a bancassurance pact with the Bank of India (BoI).
FGII signed Bancassurance Pact with BoI
  • The FGII aims to further penetrate its general insurance products through this partnership.
  • Under this pact, FGII will offer its wide array of insurance solutions to 5,084 BoI branches in India.
  • Until now, the FGII has partnered with 15 public and private banks to sell its insurance products in various parts of India.
  • Static Part: 
    • HQ of FGII: Mumbai
    • MD and CEO of FGII: Anup Rau
    • HQ of BoI: Mumbai
    • Tagline of BoI: Relationship beyond banking
    • MD and CEO of BoI: Atanu Kumar Das

Question: 

Q.1 In Oct 2021, with which bank has Future Generali India Insurance (FGII) signed the bancassurance pact?
a. Canara Bank
b. Punjab National Bank
c. Bank of India
d. Bank of Maharashtra

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