In a statement, the company said Edelweiss Tokio Life -- a joint venture between the Edelweiss Group and Tokio Marine Holdings -- would strengthen its bancassurance channel.
"We have been focused on strengthening our bancassurance channel and have found an ideal partner in Fincare Small Finance Bank. As new age entities, it is an exciting opportunity for us to grow together," Sumit Rai, MD & CEO, of Edelweiss Tokio Life was quoted as saying in a statement.
According to the life insurer, the focus will be on using technology for creating a superior customer experience from day one.
"As we move forward in our crucial phase of expansion, like-minded partners like Edelweiss Tokio Life will help us bring a compelling financial offering to our customers," Rajeev Yadav, MD & CEO, Fincare Small Finance Bank was quoted as saying in the statement.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
