Chennai, November 12, 2020: Universal Sompo General Insurance ties-up with Puduvai Bharathiar Grama Bank on 11th Nov 2020. Puduvai Bharathiar Grama Bank operates in the entire union territory of Puducherry, covering all four regions — Puducherry, Karaikal, Mahe & Yanam. Through this bancassurance partnership, Universal Sompo strives to offer variety of general insurance solutions and innovative products to the bank customers, including Arogya Sanjeevani and MSME covers, through system and process integration. The company would closely work with the bank to impart product and operational training and streamlining processes.
About the company
Universal Sompo General Insurance Co. Ltd is a joint venture of Indian Bank, Indian Overseas Bank, Karnataka Bank Ltd, Dabur Investment Corporation and a leading general insurer from Japan, Sompo Japan Insurance Inc.
It has footprints across the country to serve its customers with 17 Zonal Offices, 86 Branch Offices and a 1500 strong workforce. It offers a wide-range of products catering to Retail, Rural, SME & Corporate customer segments. It’s innovating in the health insurance space and offers both standalone policies and co-branded products in conjunction with its bank partners. It serves customers through a vast and compliant distribution network of banks, agents, brokers, auto dealers, POSPs, CSCs and so on. It continues to invest in technology ensuring smooth purchase experience for customers and rapid integration facility for distributors.