Goa state Co-op Bank ties up with Aviva Life

Panaji, Apr 21: The Goa State co-op Bank Ltd the apex financial agency in the state and in the Union Territory of Daman and Diu today announced a 'bancassurance' tie-up with Aviva life insurance.

The Bank Chairman Ramchandra Naik Mule told reporters here today that Aviva Life Insurance in India is a joint venture between Dabur and Aviva, which commenced operation in the country in 2002. Aviva pioneered the concept of 'bancassurance' in India and has leveraged its global expertise in it successfully.

He said under this initiative, the bank will increase its customer services portfolio to include popular insuranace products from Aviva.

''It has always been the bank's endeavour to provide our customers the facility of a one-stop-shop catering to all their financial needs. Our partership with Aviva has enabled us to introduce World- class insurance and investment products to our valued cusotmers'' Mr Mule said.

A formal launch of business is expected in the next few days, Mr he added.

UNI