Centurion Bank ties up with ICICI Lombard to provide insurance

By Our Banking Bureau | 10 Jun 2005

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Mumbai: Centurion Bank has partnered with ICICI Lombard, to offer value added insurance options to its customers. The bank already offers wealth management options with its life insurance and asset management tie ups.

Through ICICI Lombard, it will now offer its retail and corporate customers personal life and business covers and customised general insurance products to its corporate banking customers . According to Shailendra Bhandari, managing director, Centurion Bank, "As a part of Wealth Management product offering, we are looking at making available a gamut of general insurance products offered by ICICI Lombard. This will address a wide range of needs of our customers including motor insurance, personal accident, medical Insurance and high end business related Insurance."

Commenting on the allaince with Centurion Bank, Sandeep Bakhshi, MD and CEO, ICICI Lombard General Insurance said, "The launch of ICICI Lombard - Centurion Bank Bancassurance business further enhances our customer value proposition and we invite customers of Centurion Bank to avail the top of the line Insurance offerings of ICICI Lombard."

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