Aditya Birla Health Insurance partners with Punjab & Sind Bank for bancassurance

Aditya Birla Health Insurance partners with Punjab & Sind Bank for bancassurance

Highlights of the Partnership:

  1. Aditya Birla Health Insurance (ABHICL) will expand its national footprint and gain access to Punjab & Sind Bank’s network of 1,528 branches and customers through partnership.
  2. Customers and employees of Punjab & Sind Bank will have access to ABHICL’s health-focused insurance plans through this partnership.
  3. ABHICL now has 18 Bancassurance Partners with over 70,000 Direct Selling Agents across India.
  4. Punjab & Sind Bank’s CEO expressed excitement about offering ABHICL’s insurance products to their customers.
  5. ABHICL’s CEO sees this partnership as a growth opportunity and a step towards their goal of providing health insurance to all.
  6. ABHICL has a wide presence in over 4800 cities across the country with over 10,000 hospitals in its network.
  7. This partnership with Punjab & Sind Bank will help ABHICL reach deeper and under-penetrated parts of the country.
  8. Customers of Punjab & Sind Bank will benefit from ABHICL’s range of new-age health insurance products.

Details of the Partnership:

The partnership between Aditya Birla Health Insurance (ABHICL) and Punjab & Sind Bank will allow ABHICL to expand its reach and access to the bank’s 1,528 branches and customers.

Customers and employees of Punjab & Sind Bank will have access to ABHICL’s range of health-focused insurance plans, including 100% Health ReturnsTM and the Chronic’s Incentive Wellness Management Program, as well as wellness coaching and counseling on mental health.

With this partnership, ABHICL now has 18 Bancassurance partners and over 70,000 Direct Selling Agents across India.

Swaroop Kumar Saha, MD & CEO of Punjab & Sind Bank, said “We are excited to offer Aditya Birla Health Insurance protection and solutions to our customers.”

Mayank Bathwal, CEO of Aditya Birla Health Insurance, said “This alliance is a significant step forward in our distribution growth plan, and will allow us to provide innovative and cost-effective health insurance solutions to millions of people, aligning with our vision of health insurance for all.”

With over 200 branches in 4800 cities and access to over 10,000 hospitals, ABHICL can provide health insurance coverage to many parts of the country, and customers of Punjab & Sind Bank will benefit from the diverse range of products offered by ABHICL.

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