Source: BL
Context:
Universal Sompo General Insurance Company has partnered with Andhra Pradesh Grameena Bank (APGB) to provide a wide range of general insurance products across all 26 districts of Andhra Pradesh.
Key Highlights:
- The collaboration leverages the ‘State Insurance Plan’ to enhance access to affordable insurance solutions for rural communities.
- Focus areas include agriculture, MSMEs, self-help groups (SHGs), addressing risks such as crop loss, property damage, and health emergencies.
- Both organizations aim to offer customised and integrated financial and insurance solutions for farmers and rural enterprises.
