Mumbai: Future Generali India Life Insurance Co. Ltd., a leading life insurance provider, is pleased to announce a strategic alliance with JM Financial Services Ltd, a prominent financial services group. This partnership marks a significant step for Future Generali India Life Insurance Co. Ltd. as it aims to elevate its insurance product offerings and extend its market presence across the country.
The collaboration with JM Financial Services will unlock new opportunities for Future Generali India Life Insurance to diversify its product portfolio and leverage its distribution and financial advisory capabilities. The partnership will capitalise on the strengths of both organisations, with an amalgamation of innovative products offered by Future Generali India Life Insurance and the comprehensive distribution capabilities of JM Financial Services, creating synergies that will empower individuals, families, and businesses to secure their financial future.
Key Features of the Partnership:
Expanded Insurance Offerings: The partnership will enable Future Generali India Life Insurance to augment the reach of its product range, providing customers with sustainable solutions to lead a financially secure future.
Enhanced Distribution Network: As part of this partnership, Future Generali India Life Insurance will gain access to JM Financial Services' extensive network and well-established distribution channels, which include 54 branches, 725 Business Affiliates, and over 9000 Active Financial Distributors. This will enable Future Generali India Life Insurance to reach a larger customer base of 2.20 lacs and cater to the diverse needs of individuals, corporations, and financial institutions.
Customer-Centric Approach: Both Future Generali India Life Insurance and JM Financial Services share a common commitment to prioritizing customers' needs. Through this collaboration, the focus will remain firmly on delivering exceptional customer experiences.
Future Generali India Life Insurance Co. Ltd managing director & CEO Bruce de Broize expressed appreciation for the alliance, stating, "Our partnership with JM Financial Services marks a significant milestone for Future Generali India Life Insurance. This collaboration will enable us to provide comprehensive and innovative insurance solutions to a wider audience. We are excited about the potential this alliance holds and how it will strengthen our dedication to ensuring financial security for customers, making insurance more accessible and affordable for all segments of society."
JM Financial Services Ltd managing director & co-head - equity broking group Dimplekumar Shah said, “We are happy to partner with Future Generali Life Insurance Company Ltd. and are confident that our strategic alliance will enable value creation across the board. Our key task is to empower our customers with this significant financial protection tool and make it accessible to everyone. With this tie–up, our customers can choose from a comprehensive suite of insurance products and plan for a financially secure future. We remain committed to serving the evolving needs of our customers and helping them achieve their life goals.”
JM Financial Services Ltd, whole-time director & chief operating officer Nirav Gandhi expressed, “We are delighted to partner with Future Generali India Life Insurance Company Ltd. to offer comprehensive insurance solutions to our customers. This collaboration reflects our commitment to providing top-notch financial services and empowering individuals with a wide range of insurance products. Together, we aim to make a positive impact on the lives of people across the nation. This partnership will enable us to fulfil our vision of enabling our customers – existing and new – to understand the value of life insurance better, and thereby make a more informed decision on why it is useful for them."
With this strategic alliance, Future Generali India Life Insurance Company Ltd will be poised to leverage the expertise and network of JM Financial Services as it expands its market presence. JM Financial Services' partnership with Future Generali India Life Insurance will involve the active promotion of our comprehensive range of insurance products to its valued customer base. Moreover, gaining access to JM Financial Services' extensive portfolio will enable Future Generali to offer even more tailored and innovative solutions to its customers. Working together on all channels, the partnership brings about immense growth opportunities, empowering individuals and businesses across the nation with superior financial protection and a secure future.
