Canara Bank, in coordination with M/s Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd, launched “WebAssurance for Life Insurance business” on 26.04.2019.
The facility was launched by MD & CEO of Canara Bank, Sri R A Sankara Narayanan in the presence of Executive Directors, Sri M V Rao, Sri Debashish Mukherjee & Ms. A Manimekhalai. Mr. Anuj Mathur, MD & CEO, M/s CHOICe also attended the function. Through the above facility tech savvy customers of the Bank can purchase Life Insurance policies directly by visiting Canara Bank Website without calling on the branches. Dr. S T Ramachandra, General Manager of MRR Wing, Head Office, explained the product and sought the cooperation of all the concerned in making this product successful Speaking on the occasion, MD & CEO Sri R A Sankara Narayanan said that “There is a large and rapidly growing section of the customers who are digitally savvy and prefer to engage online for their Banking requirements. This customer segment also likes to have control over their purchase process and look for convenient availability of products and services online and hence making available this facility of online purchasing of associate party products would go a long way and mutually benefit all stake holders.”
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