SBI General Insurance signed MoU with YES Bank for a corporate agency agreement under which the YES Bank will distribute the general insurer’s retail products to its customers.
SBI General Insurance Co Ltd launched a 1st of its kind offering, ‘Shagun – Gift an Insurance’, a unique gift of Personal Accident policy which can be gifted to anyone like friends, families, domestic helpers in the age group of 18 years to 65 years.
Karnataka Vikas Grameena Bank (KVGB) tied-up with SBI General Insurance Co Ltd to sell general insurance products through the branches of KVGB. The customers of KVGB will be able to avail bouquets of products that can cover their health, home, motor, property through the range of solutions that the company offers.
SBI General Insurance has appointed Prakash Chandra Kandpal as the managing director and chief executive officer.
He has more than 33 years of banking experience with State Bank of India (SBI) in various aspects and is serving as the deputy CEO of SBI General Insurance since June 2019.