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Max Group sells 13% stake in life insurer Max Life to Axis Bank
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Max Life Insurance selects four startups for InsurTech collaboration under its flagship Max Life Innovation Labs 2 0 accelerator program
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Max Life Insurance selects four startups for InsurTech collaboration under its flagship Max Life Innovation Labs 2 0 accelerator program
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New Delhi [India], March 8 (ANI/NewsVoir): Max Life Insurance Co. Ltd and YES BANK Limited today marked an important business milestone upon completing 16 years of their strategic bancassurance partnership.
Celebrating the milestone, the two companies have reiterated their commitment towards building a digitally enabled ecosystem that provides customers with a seamless experience in their financial planning and protection journey.
Over the last sixteen years, the companies together have sold approximately 3.89 lakh policies, and offered sum assured worth Rs 51,780 crores to policyholders and their families.
Commenting on the milestone, Prashant Tripathy, Managing Director and CEO, Max Life, said, The industry has been through an unprecedented period over the last one year, and it is on the back of long-standing and successful partnerships like YES BANK-Max Life that we have grown and served our customers without disruption.