Shriram General Insurance Company (SGIC) has announced its partnership with The Muthoot Group in order to give customers of Muthoot Securities Ltd an easier way to purchase the general insurance policies under SGI through an online platform.
The collaboration aims to offer a more seamless and convenient way for customers to buy insurance as well as allow users to access a wide range of general insurance products which cover areas such as motor, fire, engineering, health, and many others at any time and any place.
Signing the deal were Muthoot Securities Lts CEO Ragesh GR and Shriram General Insurance Company executive director and chief marketing officer Aftab Alvi. With the partnership between the two firms, customers from Muthoot Securities will be able to explore and purchase comprehensive insurance from SGI along with its securities trading activities.
Shriram General Insurance Company CEO Anil Aggarwal expressed confidence that the partnership between the two companies will contribute to the increase the penetration of insurance in India as well as allow The Muthoot Group to grow its financial services portfolio.
As a joint venture between Shriram Capital Limited and Sanlam Limited, SGIC has a variety of comprehensive general insurance product offerings which include car insurance, bike insurance, travel insurance, commercial vehicle insurance, home insurance, and personal accident insurance.
SGIC also offers fire insurance, engineering insurance, marine insurance, liability insurance, Shri Suraksha insurance, householder’s umbrella package insurance, shopkeeper umbrella package insurance, fidelity guarantee policy, burglary insurance, all risk insurance, business protector policy, and Shri Group hospital cash insurance policy.
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