TATA AIG has teamed up with Mahindra Finance to expand the reach of their non-life insurance products.

TATA AIG, a leading general insurance provider in India, has established a strategic alliance with Mahindra Finance, a non-banking financial company (NBFC). This collaboration aims to broaden the distribution of TATA AIG's non-life insurance products through Mahindra Finance's extensive customer base, which exceeds 10 million clients.

As part of the partnership, TATA AIG will offer a diverse array of general insurance products, including motor insurance, health insurance, personal accident insurance, and other non-life insurance solutions. These products are intended to offer comprehensive protection and financial security to individuals and families across various regions.

Neelesh Garg, the Managing Director and CEO of TATA AIG General Insurance Co. Ltd, highlighted the significance of the partnership in enhancing the accessibility of insurance products. He stated, "This collaboration with Mahindra Finance is a crucial step towards making our insurance products more accessible. With a shared foundation of strong corporate governance and a robust value system, we are dedicated to providing customized solutions that meet the diverse needs of our partners, ensuring comprehensive protection and financial security."

Raul Rebello, the Managing Director and CEO of Mahindra Finance, also expressed his enthusiasm for the partnership, noting, "This is a significant milestone in our commitment to providing agile and efficient products combined with a personalized customer experience, reinforcing our role as a responsible financial solution partner for Emerging India."

The partnership is geared towards delivering customer-centric insurance solutions that meet the varied needs of Mahindra Finance’s extensive customer network. Mahindra Finance's wide distribution network, comprising 1,370 offices serving customers in 380,000 villages and 7,000 towns across India, will enable the seamless delivery of TATA AIG's insurance products.

TATA AIG General Insurance Company Limited is a joint venture between the TATA Group and American International Group (AIG).