On Friday, City Union Bank and Shriram General Insurance signed a corporate agencies agreement to distribute products through 727 branches across the country.

Per the agreement, Shriram General Insurance will offer personal insurance products, for example, motor, personal accident, home and travel, along with commercial ones such as property, marine and engineering to the bank’s customers.

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“We are delighted to partner with Shriram General Insurance. We firmly believe that partnership will bring the best of non-Life Insurance products to our customers,” said N Kamakodi, managing director and chief executive officer, City Union Bank. “City Union Bank has always worked towards fulfilling its philosophy of serving the citizens of the nation; by providing elaborate insurance product lines to Bank’s customers with new Corporate Agency tie-ups, the Bank proposes to help the customers tide over all ups and downs,” he said.

“We are confident that this partnership will enable us to provide best-in-class insurance products to City Union Bank customers and take the customer experience to the next level. By leveraging technology, we will ensure a digital, instant, and seamless insurance experience for the Bank’s urban and rural customers,” said Anil Kumar Aggarwal, MD and CEO, Shriram General Insurance.