Guwahati, March 26th, 2018: IndiaFirst Life Insurance Carrier Limited, one of India’s
Youngest and fast-growing insurers along with a JV between Bank of Baroda, Andhra Bank
and Legal & General (UK), have made a distribution tie-up with Assam Gramin Vikash Bank
(AGVB). Through this tie-up IndiaFirst Life will now have the ability to expand its penetration from the
state of Assam and the north-east of India.
Commenting on this tie-up Mr. Rushabh Gandhi, Director, Sales and Marketing, IndiaFirst
Life Insurance Carrier stated, “We are delighted to partner with Assam Gramin Vikash Bank.
This Corporate Agency tie-up will allow us to strengthen our presence in the North Eastern
Area of the country. We are going to start the partnership with our Group Credit Life merchandise with AGVB
And are optimistic of extending our entire package of daily life insurance coverage products to AGVB customers in
The near future. ”
“throughout the Bank’s network of 414 branches, spread over 30 districts in the state of Assam
And close to 80 customers, we aspire to meet the life insurance coverage needs of this big
population. ” He added.
Mr. Sanjaya Nand, Chairman, Assam Gramin Vikash Bank stated, &ldquo
IndiaFirst Life as our partner due to the way they leverage technology resulting
Within an improved client experience. Both organizations are usually the fastest
Their respective fields. We are extremely pleased to be inking this partnership with IndiaFirst
Life. ”
About IndiaFirst Life Insurance
Headquartered in Mumbai, IndiaFirst Life Insurance, with a paid-up share capital of INR 625 crore, is
One of the nation’s youngest life insurance policy coverage agencies. It’s encouraged by among India publicsector
Banks – Bank of Baroda and Andhra Bank along with UK’s leading risk, wealth and investment
Business General & Legal. Bank of Baroda retains a 44 percent stake in IndiaFirst, while Andhra Bank
And General & Legal maintain a 30 percent and 26 percent stake correspondingly. IndiaFirst believes it can
Differentiate itself through simple, easy to understand products which are fairly priced and economically
serviced. Today, IndiaFirst life’s present in over 1,000 cities and towns throughout the country through
Points of sale. The company has garnered over INR 10,858 crore of assets under management
as on March 31, 2017. For details please visit :http://Www.wilsoncommodity.com
Expart Lab:7617666862
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