One-stop online marketplace providing technology enabled end-to-end solutions to financing needs of individuals and SMEs Rubique has extended its product portfolio to insurance.
The company has partnered with Bajaj Allianz GIC, India's leading private General insurance company, to offer general insurance solutions to its customers through its platform.
The product portfolio of the new insurance vertical at Rubique includes hassle-free General insurance, Life insurance, and Health insurance. Rubique has received a corporate agency approval from IRDA and recently have entered into a tie-up with Bajaj Allianz GIC for distributing their General insurance products.
The partnership will enable Rubique to offer Bajaj Allianz's General Insurance's products and services to its customers.
"We have constantly been receiving positive customer feedback for our entire array of consumer offerings. Taking the next step forward, we are highly delighted to announce the operational launch of our insurance vertical. The insurance products are natural fit to our existing customer base and will be bundled with our loan products to offer a more evolved and seamless customer experience. Partnering with an industry leader such as Bajaj Allianz GIC will give further impetus to our latest endeavor," said founder and CEO Rubique, Manavjeet Singh.
"We at Bajaj Allianz GIC have an omni-channel distribution approach and are constantly looking at unique platforms to reach out to customers to offer them a hassle free insurance experience. Rubique has also been redefining the buying experience when it comes to purchase of financial services for Indian business and consumers. We are confident that this partnership will create a win-win situation for all the stakeholders esp. customers who will now have access to a wider array of financial services including general insurance on a single platform," said Chief Distribution Officer Bajaj Allianz General Insurance, T A Ramalingam.
Rubique has processed close to 1,00,000+ loan applications. It will be extending its insurance solutions to all existing customers and the constantly increasing new ones.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)