ABSLI is a 51:49 a joint venture between the Aditya Birla Group and Sun Life Financial Inc., an international financial services organization in Canada. ABSLI was incorporated on August 4th, 2000 and commenced operations on January 17th, 2001. Ltd." Aditya Birla Sun Life Insurance Company Limited ( ABSLI) is a part of Aditya Birla Capital Ltd.
This partnership will especially benefit our customers who will get access to a bouquet of innovative insurance products across all its 102 branches & one extension counter with the support of Aditya Birla Sun Life Insurance Co. Customer's needs are changing and it is necessary for every entity in service sector to scale up to meet the expectations of its customers. Ltd., a fundamentally strong and trustworthy organisation for soliciting life insurance business.
said, "We are pleased to announce the corporate agency tie up with Aditya Birla Sun Life Insurance Co.
On the occasion, U Shivaji Poojary, Chairman, Bharat Co-operative Bank (Mumbai) Ltd. We believe our life insurance products will complement the existing bank offerings and empower their customers to develop a robust financial plan." With this strategic move, ABSLI now has high-impact and growing bancassurance partnerships with 8 leading banks across the country. This partnership will enable us to expand our footprint and offer our array of protection solutions to the Bharat Co-operative Bank (Mumbai) Ltd.'s widely distributed network across Maharashtra, Karnataka & Gujarat. Commenting on the tie-up, Aditya Birla Sun Life Insurance MD and CEO, Kamlesh Rao said, "We are delighted to announce our strategic alliance with Bharat Co-operative Bank (Mumbai) Ltd., one of the most prominent co-operative banks in the country. This will further strengthen ABSLI's extensive distribution reach across the urban and semi-urban areas of Maharashtra, Karnataka, and Gujarat. This partnership enables ABSLI to directly reach out to these customers through Bharat Co-operative Bank's (Mumbai) 103 branches and fulfil their life insurance and investment planning needs. This collaboration facilitates a common platform to reach out to the bank's five lac plus customers with relevant life insurance solutions. have announced their bancassurance partnership today. Mumbai (Maharashtra), March 9 (ANI/NewsVoir): Aditya Birla Sun Life Insurance ( ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited ( ABCL), and Bharat Co-operative Bank (Mumbai) Ltd.
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