 Early Times Report
SRINAGAR, Oct 3: Cementing their business relations further, J&K Bank and Bajaj Allianz General Insurance Company Ltd (BAGICL) have renewed their Bancassurance tie-up for three more years. The business association between the two has already completed 14 years of trust and understanding.
In presence of Executive President Parvez Ahmad and Senior President S K Bhat, the bank's Vice President (Insurance) Chetan Paljor signed the Memorandum of Understanding (MOU) with President and Chief Marketing Officer BAGICL Anamika Roy Rashtrawar here at the bank's headquarters in Srinagar. Regional Head (J&K/Punjab), BAGICL Aijaz Ahmad Khan was also present on the occasion.
Speaking on the occasion, Executive President Parvez Ahmad said, "I am glad to be taking our partnership with BAGICL forward for another 3 years. We value our partnership with the company for, during the deluge aftermath last year, they stood by us by paying the claims of our customers in time thus helping them in rebuilding their lives."
Present on the occasion President and Chief Marketing Officer BAGICL Anamika Roy Rashtrawar said, "We are extremely delighted to renew our partnership with J&K Bank, a leading financial services provider and a household name in the Valley. This partnership has helped us provide insurance solutions to a large number of people in J&K over the years. The testimony to our strong partnership was the fact that Bajaj Allianz was able to reach out to its customers and pay over 28,000 claims worth Rs. 1,000 crore with the support of the bank in the aftermath of the floods last year." |
