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Apollo Munich has entered into bancassurance tie-up with Dena Bank

Apollo Munich Health Insurance has entered into a bancassurance tie-up with the state-owned Dena Bank, expanding its footprint across the country.

According to a release issue, the bank, under the tie-up, will be distributing customized Apollo Munich Health insurance and personal accident policies to the bank’s 20 million customers nationwide.

Antony Jacob, Apollo Munich Health Chief Executive Officer has said that “Since our first bancassuarnce tie-up in 2013, we have seen a growing trend in the number of people buying health insurance policies through their banks. Our tie-up with Dena Bank helps to strengthen our vision to be a trusted leader in the health insurance sector.”

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