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Apollo Munich Health Insurance has said that it is aiming a couple of more bancassurance tie-ups in the current fiscal.
Antony Jacob, Apollo Munich Health Insurance CEO has said that “We have got bancassurance partners that would see 2-3 additions by the end of the current fiscal.”
The Company at present has the distribution tie-ups with Canara Bank, Indian Overseas Bank, Axis Bank and Citibank.
The Insurance Regulatory and Development Authority of India (IRDAI) has recently allowed banks to tie up with a maximum of nine insurers from three segments life, non-life and standalone health insurers as part of the new bancassurance guidelines.
