Mumbai, September 14: ICICI Lombard General Insurance said on Monday it has entered into a bancassurance tie-up with Yes Bank to make insurance more accessible to customers across 28 states and 8 union territories.

Sanjeev Mantri, Executive Director of ICICI Lombard, said the company's continuous endeavour is to reach out to consumers and businesses for providing them effective risk management solutions. Also Read | Russian MMA Fighter Sergei Kharitonov Walks Out With a Bear on Boxing Debut, Defeats Mike Tyson’s Nemesis Danny Williams (Watch Video).

"Given the progressive and technology-oriented approach of both partners, this collaboration is an ideal synergy between the two brands and value-adding to Yes Bank customers," he said in a statement.

Rajan Pental, Global Head for retail banking at Yes Bank, said the bank's technology and branch network strength combined with innovative product offerings from ICICI Lombard will support customers fulfill their non-life insurance needs. Also Read | India Reports 92,071 New COVID-19 Cases in Past 24 Hours, Tally Crosses 48 Lakh Mark, Death Toll Rises to 79,722.

"The tie-up is an important milestone and we remain committed to creating a differentiated customer experience," he said.

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