Shriram General Insurance and SK Finance Join Hands for Strategic Partnership

Shriram General Insurance (SGI) announced a strategic corporate agency partnership with SK Finance Limited, a 31-year-old leading NBFC in India. The partnership aims at expanding access to insurance solutions and increasing access to insurance protection for customers across key markets.

Through this partnership, SGI will offer its range of general insurance solutions through SK Finance’s 700+ branch network and other designated distribution channels. The association will enable customers to access relevant insurance solutions through SK Finance’s extensive distribution network, while the claims and servicing process will be handled by SGI through its established servicing and claims mechanisms.

Speaking on the partnership, Mr. Rajendra Kumar Setia, Managing Director and CEO, SK Finance Limited, said: “Insurance is an important enabler of financial resilience, particularly for customers in rural and semi-urban markets, where access to comprehensive protection solutions can play a meaningful role in safeguarding their financial journeys. Our partnership with Shriram General Insurance is a step towards making relevant insurance solutions more accessible and seamlessly integrated with our financing ecosystem. With our strong presence across emerging markets, supported by continued investments in technology to simplify and strengthen customer engagement, we are well positioned to bring insurance closer to customers and their families. We look forward to working with SGI to expand awareness and access to insurance protection across the markets we serve.”

Mr. Aftab Alvi, Executive Director and CMO, Shriram General Insurance Company, said: “We are delighted to partner with SK Finance to strengthen our distribution capabilities and expand access to our comprehensive insurance solutions across a broader customer base. By combining SGI’s customer-focused approach and long-standing experience in general insurance with SK Finance’s extensive reach and market presence, we aim to create greater awareness around insurance protection and expand reach to more customers across the markets we serve.”