Kotak General Insurance in pact with Repco Home Finance

Kotak Mahindra General Insurance said it has signed an agreement with Repco Home Finance to distribute its insurance products. Repco Home Finance will act as the Corporate Agent of  Kotak General Insurance. “We believe Repco (Home Finance’s) strong network coupled with our ability to offer superior solutions will lead to a worthwhile proposition for all stakeholders,” Kotak General Insurance, MD and CEO, Mahesh Balasubramanian said. “Arrangements like these are essential to encourage prospective customers to sign up for insurance products..”, he added. Commenting on the partnership, Repco Home Finance, compliance officer, K Prabhu said, “The synergies that will be generated out of this association will not only offer an enhanced value proposition to customers, but most importantly will empower them to mitigate their risks and secure the future”.