Canara HSBC OBC Life Insurance coverage might be rebranded as Canara HSBC Life Insurance coverage. All present policyholders will proceed to get pleasure from the advantages of its present insurance policies beneath the brand new model identification, mentioned the agency.
L V Prabhakar, MD & CEO, Canara Financial institution & Chairman, Canara HSBC Life Insurance coverage mentioned, “Canara HSBC Life Insurance coverage is aimed in direction of growing monetary inclusion, insurance coverage consciousness and accelerating wealth era for the shoppers. Underneath this partnership, the Financial institution is properly positioned to supply our clients a selection of life insurance coverage merchandise that most closely fits their wants and comfort. Our banking and digital channels serve an important medium for firm to achieve their perspective buyer”.
The corporate has launched into a digital transformation journey and has additionally been investing in cloud-based applied sciences and micro-services-oriented structure on a relentless foundation. Canara HSBC Life is growing a buyer mobility platform that can present a strong digital structure for buyer assist and engagement. The corporate has recorded 105% development in digital gross sales over the past monetary yr, mentioned the agency.
Anuj Mathur, MD & CEO, Canara HSBC Life Insurance coverage mentioned, “With our renewed promise in direction of safety and customer support, we are going to proceed to bolster our core model ethos of consumer centricity and develop our digital and community presence, permitting clients to entry our progressive merchandise and best-in-class companies on the go.“
Tarannum Hasib, chief distribution officer, Canara HSBC Life Insurance coverage mentioned, “The brand new brand relies on the Firm’s sturdy parentage, expertise, and other people – the three pillars which have helped it grow to be what it’s right now. Our new marketing campaign #PromisesKaPartner serves as a reminder and nudge to Indians to rethink their aspirations, in addition to a promise from us to face by our clients and help them in conserving their guarantees. We are going to proceed to look forward as a corporation and strengthen the sturdy model whereas guaranteeing the brand new identification compliments our progressive choices, digital distribution, and improved buyer servicing.“
The corporate has well-established distribution community in Tier 1, 2 and three markets and presents an enormous portfolio of insurance coverage merchandise and options to its clients. The timing of the brand new renewed company model aligns with the numerous transformation that’s going down throughout the group. Canara HSBC Life Insurance coverage’s product suite presents greater than 35 plans beneath youngster financial savings, long-term financial savings, retirement options and so on, mentioned the agency.
Supply: Live Mint