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ICICI Lombard Partners with AU Finance Bank

Published on December 08, 2022
Current Context: ICICI Lombard General Insurance Company Ltd tied up with the AU Small Finance Bank Ltd for Bancassurance.
ICICI Lombard Partners with AU Finance Bank
  • Under this tie-up, the insurer (ICICI Lombard) will utilize the diverse customer access of the bank and boost its penetration across the country.
  • On the other hand, the bank (AU Finance) will boost its general insurance offerings through digital and paperless solutions offered by ICICI Lombard.
  • The insurance products will be offered at around 1,000 touchpoints and will cover over 20 states and 2 UTs.
  • These plans have been made customer-centric and will provide long-term security to them and their family.
  • ICICI Lombard General Insurance Company Ltd was established in 2001 with its headquarters in Mumbai. The current MD & CEO of the company is Bhargav Dasgupta.
  • AU Small Finance Bank Ltd was established in 1996 with its headquarters in Jaipur. The current MD & CEO of the company is Sanjay Agarwal.

Question:

Q.1 Which of the following bank tied up with ICICI Lombard for Bancassurance?
a. AU Small Finance Bank
b. ESAF Small Finance Bank
c. Capital Small Finance Bank
d. Fincare Small Finance Bank
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