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Kotak General Insurance Partnered with CARS24

Published on February 05, 2022
Current Context: The Kotak Mahindra General Insurance Company Ltd has partnered with CARS24 Financial Services Private Ltd.
Kotak General Insurance Partnered with CARS24
  • They have partnered to grant motor insurance services to buyers of used cars.
  • The CARS24 Financial Services is a subsidiary of CARS24 and Kotak Mahindra General Insurance is the subsidiary of Kotak Mahindra Bank Ltd.
  • Under the partnership, CARS24 will be the corporate agent of Kotak General Insurance.
  • It will offer motor insurance services to its consumers.
  • Therefore, the customers will be able to fully insure their vehicles with the motor insurance plans of Kotak General Insurance.
  • Static Part: 
    • HQ of Kotak Mahindra General Insurance Company Ltd: Mumbai
    • HQ of CARS24 Financial Services Private Ltd: Gurugram

Question: 

Q.1 With which insurance company has CARS24 Financial Services Private Ltd partnered to grant motor insurance services to buyers of used cars?
a. Kotak Mahindra General Insurance
b. Future Generali India Insurance
c. Universal Sompo General Insurance
d. Edelweiss General Insurance
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