Magma HDI General Insurance has partnered with IndoStar Capital Finance. This collaboration aims to enhance the availability of motor, health and commercial insurance solutions for customers.
The agreement was formalised in Mumbai at a ceremony attended by Karthikeyan Srinivasan, Chief Executive Officer (CEO), IndoStar Capital Finance and Rajive Kumaraswami, Managing Director (MD) and CEO, Magma HDI General Insurance, along with senior officials from both organisations.
Speaking on the occasion, Srinivasan said, “This partnership aligns with our vision of delivering holistic financial services to our customers. By offering insurance alongside our financial solutions, we aim to empower our customers with seamless and reliable protection for their assets and well-being.”
Through this partnership, IndoStar Capital Finance will offer Magma HDI’s wide range of insurance products, ensuring customers can access financial and insurance solutions under one roof.
Adding to it, Rajive Kumaraswami, MD and CEO, Magma HDI General Insurance, said, “We are delighted to partner with IndoStar Capital Finance, as we see a strong synergy in our target customer audience. By combining their extensive reach with our expertise in underwriting risks, this collaboration enables us to deliver greater value to customers. Together, we remain committed to advance accessibility and create tailored offerings.”
