The Chennai-based Royal Sundaram Alliance Insurance Company Ltd is contemplating an alliance with a life insurance company next fiscal to jointly leverage distribution channels.
Royal Sundaram also said that it was aggressively looking at striking alliances with insurance brokers who have been cleared by the Insurance Regulatory Development Authority (Irda).
Antony Jacob, deputy managing director, Royal Sundaram, told Business Standard that the general insurance company would in the coming fiscal look at tying up with one of the new life insurance companies for