Lumbini General Insurance under bancassurance pact with Mahalaxmi Bikas Bank; bank’s assets and customers‘ insurance under LGIL’s liability

Mon, Nov 19, 2018 7:00 AM on Corporate, Latest,

Lumbini General Insurance has signed a MoU of bancassurance with Mahalaxmi Bikas Bank following which the insurance company will take over the insurance responsibility of all the assets and customers of the development bank.

The agreement was signed between CEO of the insurance company Mr. N.B. Pradhan and CEO of the bank Mr. Krishna Raj Lamichhane amid a program. The MoU signing event was also attended by Deputy CEO of the insurance Mr. B.K. Shrestha, Marketing Manager Mr. Tirtha Raj Puri, Senior Deputy CEO of the bank Mr. Sagar Sharma and Senior Marketing Manager Mr. Prakash Ghimire.