Indian general insurer Go Digit Insurance has reportedly teamed up with Fincare Small Finance Bank to help the latter offer critical financial protection to customers.
The partnership also looks to make insurance services accessible to the banks’ target customer segments.
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Under the tie-up, the team will offer a range of products including Digit’s Motor Insurance policies for two-wheelers as well as four-wheelers.
Insurance solutions for home and shops will also be under the partnership to help customers cover their structure and contents against fire, natural disasters, and so on.
Digit also provides zero-touch claims enabled by audio claims, soft-copy document submission and full-time customer care assistance.
Commenting on the partnership, Fincare Small Finance Bank MD and CEO Rajeev Yadav said: “At Fincare, all our initiatives are driven by customer centricity.
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By GlobalData“This partnership will help us strengthen relationship with our customers and meet their insurance needs at a time when it’s most necessary. Go Digit’s digital expertise combined with our innovative digital solutions, we aim to empower our customers to make smart choices.”
Digit Insurance chief distribution officer Jasleen Kohli said: “Our mission at GoDigit is to simplify insurance and to create products that customers really need. Given, the current global situation, we are trying to cover people against any unforeseen crisis and help them in protecting their assets.
“With this partnership we hope to offer meaningful products to Fincare’s customers. We are glad that Fincare shares the same outlook towards using technology to transform people’s lives and simplify processes. The idea is to handle these unpredictable times in the best way possible, through simplified insurance as an instrument.”
Last week, it was reported that Facebook’s instant messaging service WhatsApp was set to launch health insurance and micro-pension products on its Indian platform.
