K G Krishnamoorthy Rao, MD and CEO, Future Generali India Insurance said that they aim to offer insurance products to bank’s customers and enter new markets.
"Bancassurance is one of the key avenues to distribute products. Our focus is to offer customised products, best customer service and sustain the trust of customers of Bank of Maharashtra," FGII Managing Director and CEO K G Krishnamoorthy Rao said in a release issued here.
In an interview to CNBC-TV18, Raman said that currently, Future Generali's market share is around 1.72 percent and is likely to go upto 1.82 percent post the deal
Heavy engineering and construction major Larsen & Toubro has acquired 50 percent stake in Future Generali India Insurance company owned by Kishore Biyani‘s Future Group for around Rs 500 crore, reports CNBC-TV18.