FatakSecure has entered into a corporate agency agreement with Zurich Kotak General Insurance to distribute insurance policies across digital channels.
Under the arrangement, FatakSecure, a subsidiary of FatakPay Digital, will market Zurich Kotak’s motor and affinity insurance covers through its online platform.
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Zurich Kotak will supply the insurance products, deliver underwriting expertise, and support the creation of customer-focused policies.
The two organisations also intend to assess opportunities in retail and embedded insurance, aiming to identify synergies that widen their digital customer reach.
FatakSecure CEO Bikash Chaudhary said:”Our partnership with Zurich Kotak General Insurance marks an important milestone in strengthening insurance offerings and enabling customers to access insurance solutions with greater ease.
“We look forward to working together to co-create and deliver customer-centric solutions that address evolving protection needs and create long-term value.”
Zurich Kotak General Insurance chief business officer Birendra Mohanty added: “Our association with FatakSecure reflects our commitment to making insurance more accessible and convenient for customers.
“By combining our risk expertise and product innovation capabilities with FatakSecure’s digital platform, we will be able to deliver superior solutions to customers and support the broader agenda of Insurance for All by 2047.”
