Aviva Life Insurance today, announced a tie up with Axis Bank, to launch its new renewal premium payment service in more than 700 locations and across 1,400 branches covering the length and breadth of the country.
- Aviva customers can pay premiums at over 1,400 Axis bank branches in more than 700 locations across the country
- Aviva increases the customer premium payment touch points via a pan India presence
Aviva Life Insurance today, announced a tie up with Axis Bank, to launch its new renewal premium payment service in more than 700 locations and across 1,400 branches covering the length and breadth of the country.
Speaking on the occasion, Mr Snehil Gambhir, COO, Aviva Life Insurance, said: “Customer centricity is the foundation for all initiatives that we undertake at Aviva. This arrangement provides a facility to our customers to make renewal premium payments across the large network of Axis Bank branches. It also provides an added convenience to our customers to help strengthen our long term relationship and safeguard their financial interests.”
Mr M V Subramanian, president, business banking, Axis Bank said: “We are delighted to extend the renewal premium payment service at our branches to the customers of Aviva Life Insurance, who can pay their premium at any Axis Bank branch across the country.”
This service will provide Aviva customers a convenient option to walk into any Axis Bank branch, provide some basic information for verification, and pay the renewal premium using multiple payment modes. Customers will also be given an acknowledgement of their premium paid.
Through this tie up, Aviva India will increase its customer touch points via Axis Bank’s pan India presence, and will expand its alternate channel penetration for renewals apart from Aviva branches and various other alternatives.
In addition to the Axis Bank branches, Aviva customers can continue to choose to pay premiums through their credit card, online bank transfers, ECS facilities, and at Aviva branches.
-ends-
Enquiries:
Media
Aviva India
Aditi Vij, +91 124 2709082, aditi.vij@avivaindia.com
Adfactors PR
Preeti Harkare, +91 965 4418182, preeti.harkare@adfactorspr.com
Shraddha Yawalkar. +91 992 0552245, shraddha.yawalkar@adfactorspr.com
Notes to editors:
- Aviva is the world’s sixth largest* insurance group, serving over 53 million customers across Europe, North America and Asia Pacific
- Aviva's main business activities are long-term savings, fund management and general insurance, with worldwide total sales of £47.1 billion and funds under management of £402 billion at 31 December 2010. We are the largest insurance services provider in the UK and one of the leading providers of life and pensions products in Europe.
- Aviva India is a joint venture between Dabur Group and Aviva Group. Current paid up capital amounts to Rs 2,004 crore. Dabur Group is the 74% shareholder while Aviva Group holds 26%. Aviva Group is a UK based insurance company and one of the world’s oldest insurance Groups, with a history dating back to 1696.
- Aviva’s products have been designed to provide customers flexibility, transparency and value for money. We address all lifecycle needs of a customer – savings, protection, investment and retirement.
- Aviva is the global bancassurance leader and in majority of our countries, bancassurance is the only distribution channel. In India too, we pioneered the concept of bancassurance.
- In the 2011 FTSE4Good index, Aviva is recognised as the top insurance company for corporate responsibility in the world, out of more than 100 other organisations in our sector. The Reputation Institute’s 2011 rankings, also place Aviva as the UK’s “most reputable” financial services company.
- Aviva is also keen to reach out to the underprivileged that have not had access to insurance so far. Through our association with BASIX (a micro financial institution) and other NGOs, we have been able to cover millions of lives.
- The Aviva media centre at www.aviva.com/media includes images, company and product information and a news release archive
- Follow us on facebook: www.facebook.com
* based on gross worldwide premiums at 31 December 2010