Insurance News

Standard Chartered Bank: Star Health and Allied Insurance enters into bancassurance tie-up with Standard Chartered Bank


Star Health and Allied Insurance on Monday announced its collaboration with Standard Chartered Bank to enhance its distribution network, said the company in its exchange filling.

After this collaboration, Star Health will make its health insurance products readily accessible to customers via Standard Chartered Bank’s extensive distribution network. The insurance company hopes that with 100 branches spread across 42 cities, the bank will serve as a convenient one-stop destination for its customers seeking comprehensive health insurance coverage.

” By collaborating with Standard Chartered, a reputed international bank with a strong presence in key Indian markets, we not only expand the reach of insurance in these areas but also deliver top-tier services that align with the distinct needs of India’s affluent clientele,” Anand Roy, MD and CEO, Star Health and Allied Insurance Co. Ltd. said.

The insurance company hopes that this partnership will allow quality health insurance be accessible to everyone in every part of the country.
“Health and protection are key needs today for clients managing their wealth, Standard Chartered’s Wealth Expectancy Report for 2022 reveals that over 54% of respondents in India have prioritised health and wellness post the pandemic. We are pleased to partner with Star Health and bring their products and services to address the evolving health needs of our clients,” Saurabh Jain, MD & Head, Wealth Management India, Standard Chartered Bank said.



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