One of the key competencies of Union Insurance Company is the BANCASSURANCE. It is a portfolio which includes innovative products that support both bank and non-bank financial institutions. The products aid these institutions in their asset, liability & transaction, and banking business offerings. In addition to this, Union Insurance offers a complete range of standalone products for financial institutions’ retail and SME customers which include life, health, property, motor and personal accident insurance. Bancassurance products provide protection and offer investment and savings opportunities for financial institutions, retail, corporate and private banking customers.

The specialized team in the Bancassurance division lead and develop innovative, flexible and customized solutions to meet each of Union Insurance Company’s partners and customers. They also help in developing new products and oversee relationship management with financial institution partners.

Training, professional customer support and technology-driven architecture that promises confidentiality, security and efficiency to the clients is another area that the Bancassurance team take the onus of.