Saturday, October 10, 2009

United India Insurance, TMB enter into agreement

united india insurance

United India Insurance company Ltd and Tamilnad Mercantile Bank Ltd on Friday entered into an agreement to act as 'Bancassurance partners'.

By this agreement, the bank will market products of the insurance company through its 215 branches nationwide, a TMB release said.

The agreement was signed in Chennai today between TMB Managing Director Nagammal Reddy and United India insurance General Manager K Sanath Kumar.

United India insurance company Ltd has a nationwide network of 1,400 branches and 17,000 employees.