Strategic Partnership: Bank of India Joins Hands with New India Assurance

Bank of India has partnered with New India Assurance to provide its customers with a wide array of general insurance products. This collaboration aims to bring health, motor, and home insurance solutions to the bank's clients, enhancing service quality and insurance penetration.

Bank of India and New India Assurance have announced a strategic partnership aimed at expanding general insurance offerings to the bank's clients.

This collaboration will enable Bank of India's customers to access a diverse range of insurance products, such as health, car, and home coverages under the reliable umbrella of NIACL, which is recognized for its key role in the insurance sector.

Both institutions expressed optimism about enhancing insurance penetration and customer service through this alliance, leveraging Bank of India's extensive branch network and New India Assurance's century-long expertise.

(With inputs from agencies.)