UCO Bank, Future Generali ties up for product selling

                                                        Future Generali India Insurance Company (FGII) has entered into a corporate agency tie-up for its products with public lender UCO Bank. The PSU lender will provide a window at its bank branches for marketing FGII’s offerings.

Apart from UCO, the company has tie-ups with over 100 banks across the country. At present, the bancassurance model accounts for 5 per cent of the insurer’s total business. The company aims to achieve a growth of 80 per cent by FY18