Universal Sompo General Insurance companions Repco Home Finance

NEW DELHI: Non-life Insurer Universal Sompo General Insurance stated it has partnered with Chennai-based Repco Home Finance Ltd to supply insurance coverage in opposition to residence loans. This partnership will, moreover, disburse reasonably priced insurance coverage options from Universal Sompo General Insurance like Group Credit Protection, Long-Term Fire, and Personal Accident insurance policies to Repco’s clients.

Sharad Mathur, Managing Director & Chief Executive Officer, Universal Sompo General Insurance, stated, “Our goal is to supply easy and value-added merchandise to our clients and channel companions with greatest insurance coverage options by way of seamless and progressive digitalized initiatives. We are happy to affiliate with such a high-quality, customer-centric firm, Repco Home Finance Ltd, and supply our providers to its residence mortgage debtors.”

According to the settlement, the partnership would see over 155 branches and 24 satellite tv for pc centres of Repco Home Finance in Tamil Nadu, Andhra Pradesh, Gujarat, Odisha, West Bengal, Rajasthan, and Puducherry supply customised basic insurance coverage merchandise to its clients.

Ok. Swaminathan, MD & CEO of Repco Home Finance Ltd., stated “The mission of Repco Home Finance Limited is to translate into actuality the aspirations of individuals to personal a home and supply them institutional credit score help personalized to swimsuit particular person wants in a clear and moral means. We are happy to associate with Universal Sompo General Insurance for extending easy and reasonably priced insurance coverage cowl to our clients that may assist them financially safe their households and their mortgage obligations.”

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