Kotak Mahindra Life Insurance has unveiled a corporate agency collaboration with Jana Small Finance Bank.
Speaking in this regard, Mahesh Balasubramanian, MD, Kotak Mahindra Life Insurance Company, said, “At Kotak Life, we firmly believe that life insurance is a necessity for every Indian. We are committed to the vision of ‘Insurance for All,’ as outlined by the Insurance Regulatory and Development Authority of India (IRDAI). By leveraging on Jana Small Finance Bank’s customer reach and our expertise in life insurance, we can now offer life insurance solutions and provide financial security to Jana Small Finance Bank’s customers.”
The agreement will benefit 52 lakh Jana Small Finance Bank customers by providing a comprehensive choice of tailor-made life insurance options from Kotak Life through the bank’s 781 banking facilities distributed across 22 states and two Union Territories (UTs).
Ajay Kanwal, MD and CEO, Jana Small Finance Bank, said, “We, at Jana Small Finance Bank, are committed to offer holistic financial solutions to our customers. The strategic collaboration with Kotak Life is a significant step in this commitment to our customers.”
