Andhra Bank Ties-up With Cigna TTK, Reliance General Insurance

Andhra Bank BSE -0.25 % has entered into corporate agency agreements with Cigna TTK Company Ltd, and Reliance General Insurance Company Ltd for providing health and general insurance respectively, to its customers.

"The tie-up with both the insurance companies will immensely benefit the customers by providing alternatives in choosing products. These partnerships will provide mutual benefit to the bank and insurance companies in tapping the potential in the market and also help in increasing the insurance coverage," Andhra Bank said in a statement.

The two separate agreements were signed in presence of Andhra Bank Executive Director S K Kalra, MD and CEO of Cigna TTK Health Insurance Sandeep Patel and CEO of Reliance General Insurance Rakesh Jain, among others.