J&K Financial institution provides New India Assurance as its Financial institution assurance accomplice

Excelsior Correspondent

JAMMU, Apr 2: So as to present complete monetary options to its clients, J&Ok Financial institution at present entered right into a Company Company Settlement with the nation’s premier basic insurance coverage supplier New India Assurance Co. Ltd (NIACL).
On this regard an MoU signing ceremony was held right here at present. The ceremony was chaired by the Financial institution’s Government Director Sudhir Gupta, whereby Common Supervisor (Cross Promoting) Narjay Gupta signed the papers on behalf of the Financial institution whereas Common Supervisor (NIACL) Mukta Sharma put in her signatures for the corporate in presence of Deputy Common Managers Sapna Gupta (Financial institution) and Kiran Jacob (NIACL) moreover senior officers from each the organisations.
Talking on the event, Government Director Sudhir Gupta reiterated Financial institution’s dedication to offer one-stop insurance coverage options to its buyer base and referred to as for making the affiliation helpful for the Financial institution’s large clientele moreover fruitful for each the organisations.
“This strategic collaboration goals to boost the scope of monetary safety and insurance coverage options provided to the Financial institution’s clients throughout numerous segments. Our Financial institution is the key monetary establishment in J&Ok & Ladakh with strategic pan India presence and NIACL is the main basic insurer within the nation, so coming collectively of two giants, I’m positive, will present comfort and option to our clients by way of selecting number of insurance coverage merchandise,” he mentioned.
GM Narjay Gupta expressed hope that well timed affiliation between the 2 organisations will function key contributor in bringing increasingly folks within the insurance coverage fold.
“By way of this partnership, we search to increase a variety of insurance coverage services, catering to the various wants of our clientele. Now that we have now began this journey, it’s time to guarantee buyer satisfaction and securities stay at coronary heart of our service supply. We have to set a brand new benchmark of excellence in financial institution assurance business for the higher good of our clients,” he mentioned.
GM, NIACL, Mukta Sharma acknowledged that affiliation with J&Ok Financial institution was quick tracked due to the long-lasting place that Financial institution instructions within the area.
“J&Ok is on an upward trajectory by way of financial progress and that is the place each Financial institution and NIACL can work in tandem to make sure that most of belongings created within the course of are insured,” she added.
Notably, the most recent collaboration has taken variety of Financial institution’s assurance partnerships to 6, three every in life and basic insurance coverage.
By way of this affiliation, NIACL’s insurance coverage merchandise will likely be obtainable in any respect Financial institution’s branches pan-India.