LIC enters into tie-up with IDFC First Bank under corporate agency arrangement.
Banking & Finance
Life Insurance Corporation (LIC) has entered into a corporate agency arrangement with IDFC First Bank. This partnership allows IDFC First Bank to distribute LIC's insurance products through its extensive network of branches and digital platforms. The collaboration aims to enhance the accessibility of LIC's insurance solutions to a broader customer base, leveraging IDFC First Bank's strong market presence and customer reach. This strategic tie-up is expected to benefit both companies by expanding their market presence and providing customers with a wider range of financial products.
The partnership aims to leverage IDFC First Bank’s branch network to boost LIC’s insurance product distribution.
LIC’s new tie-up with IDFC First Bank will enhance customer access to insurance solutions across various regions.
Chairperson : Siddhartha Mohanty
Chief Organiser : Range Gowda
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