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ABHICL partners with Utkarsh Small Finance Bank

BNE ADMIN


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New Delhi: Aditya Birla Health Insurance Co Ltd (ABHICL), the health insurance subsidiary of Aditya Birla Capital Limited (ABCL), a significant non-bank financial services conglomerate, today announced its assurance partnership with Utkarsh Small Finance Bank, one of the leading small finance banks in the country, for the distribution of health insurance products through the bank's pan-India network of branches, stated a press release.

Through this alliance, the Utkarsh Small Finance Bank, Aditya Birla Health Insurance's comprehensive suite of health insurance plans, including protection health plans, will be available for purchase to 2.7 million+ customers of the bank across 642 branches in 214 districts spread across 19 states and 2 Union Territories of the country.

Commenting on the association, Mayank Bathwal, CEO, Aditya Birla Health Insurance, said, "We are pleased to partner with Utkarsh Small Finance Bank, which is a fast-growing name in the domestic banking sector. This assurance partnership will help further strengthen our distribution and unlock growth opportunities through the bank's wide network. Our alliance with the Utkarsh Small Finance Bank will also help empower the bank's customers with protection solutions from our comprehensive product portfolio."

Utkarsh Small Finance Bank MD and CEO Govind Singh said, "This tie-up gives the insurance company access and penetration to our customers' located in the hinterland. This alliance is bound to strengthen our product offering and services in these markets to our customers as insurance serves as a prudent option to manage risks arising out of natural and unnatural calamities," the release added.

BNE ADMIN