On Wednesday, Max Life Insurance Co. Ltd and YES Bank Limited celebrated the completion of 17 years of strategic bancassurance partnership. The partnership has provided integration of new-age applied sciences within the enterprise ecosystem up to now 17 years as they realigned their concentrate on a sturdy digital-first supply that goals to convey agility into the purchasers’ monetary safety journey.The partnership between the 2 firms was cast on February 23, 2005. Through a pan-India presence throughout 1,100 branches, the partnership between Max Life and YES Bank have bought roughly 4.2 lakh insurance policies and provided a sum assured of Rs 55,498 crore to policyholders and their households. Some of the companies provided by the Max Life – YES BANK partnership contains new-age options like My Connect and Video Marketing, for all life phases together with, little one, safety, retirement, and financial savings.Sharing his ideas on this newest milestone, Prashant Tripathy, MD and CEO of Max Life, stated, “I want to thank YES Bank for serving to strengthen one of many business’s most profitable relationships. Over the years, this enduring partnership has enabled us to guard the monetary objectives of greater than three lakh prospects and their households.”“By leveraging expertise, we’ll guarantee seamless integration of digital throughout each buyer touchpoint that can assist intensify enterprise efficiencies,” he added.Rajan Pental, world Head – retail Banking, YES Bank, additionally shared his ideas on the achievement and stated in an announcement, “Our long-standing partnership with Max Life Insurance has helped persistently ship new and significant choices that elevate the client expertise with streamlined processes, progressive enablers, and newest expertise.”Talking in regards to the long-term plans of the partnership, Pental added, “We will proceed exploring alternatives in the direction of creating holistic options that broaden the online of monetary safety for our prospects and in flip additional strengthen our partnership within the years to come back.”Read all minute-by-minute information updates for Uttar Pradesh election outcomes 2022, Punjab election outcomes 2022, Uttarakhand election outcomes 2022, Manipur election outcomes 2022, and Goa election outcomes 2022.Click right here for seat-wise LIVE end result updates.
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