Mumbai, July 21: Yes Bank today tied up with Bajaj Allianz General Insurance to sell the entire range of general insurance products offered by the company.
The partnership will enable Bajaj Allianz General Insurance to tap the customer base of Yes Bank and will provide the bank an additional revenue stream from its non-banking businesses.
“We aim to provide complete financial solutions to our customers, combined with maximum convenience and best-in-class services. The partnership with Bajaj Allianz will enable us to increase our product suite rapidly. We can bundle insurance products with our offerings and devise customised products for our clients across all segments,” Yes Bank managing director and CEO Rana Kapoor said.
Bajaj Allianz General Insurance CEO Kamesh Goyal said the partnership with the bank is a win-win alliance.