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ZenMoney ventures into insurance broking services

IRDA has issued license for the company to deal with life and non-life, health, motor, travel and other general insurance products

Press Trust of India Hyderabad
Last Updated : Mar 27 2014 | 5:52 PM IST
ZenMoney, a city-based financial services company, today announced its foray into insurance broking services though ZenMoney Insurance Broking Services.

The Insurance Regulatory and Development Authority (IRDA) has issued license for ZenMoney Insurance to deal with life and non-life, health, motor, travel and other general insurance products, company's managing director Pratap Kanteti said.

"ZenMoney Insurance will offer value added services to its corporate clientele in their risk mitigation process through insurance. Our professional expertise will help in assessing the precise insurance requirement and in suggesting the product tailor made to their needs," Kanteti told reporters here.

ZenMoney currently enjoys pan-India network of 150 branches/associates with over 70,000 customers.

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First Published: Mar 27 2014 | 5:52 PM IST

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