Canara bank and Bajaj Allianz General Insurance sign agreement to sell insurance product, Public sector bank Canara Bank has signed a corporate agency agreement Bajaj Allianz General Insurance for the distribution of Bajaj Allianz’s general insurance products through its branches. As per the agreement Bajaj Allianz General Insurance will offer its leading general insurance plans to the customers of Canara
Bank.
iii. Both institutions have set a target of Rs 400 crore in the Financial year 2017-18 by selling general insurance plans through the 5,920 branches of Canara Bank.
iv. Motor insurance, home insurance, health insurance, travel insurance, fire insurance, marine insurance, and engineering insurance are some of the insurance products that will be sold by Bajaj Allianz .
Canara Bank :
♦ Headquarter : Bangalore, Karnataka
♦ Canara Bank MD and CEO : Shri Rakesh Sharma
♦ Bajaj Allianz General Insurance Chairman : Sanjiv Bajaj
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