LICHFL Financial Services, a fully owned subsidiary of LIC Housing Finance, and United India Insurance, a Government of India owned non-life insurance firm, have entered into an agreement for the former to distribute the non life products of United India Insurance.
Under the agreement, LICHFL will be distributing non life insurance products of United India Insurance through its network.
The MOU was signed by Sobhana Murali, CEO of LICHFL and Sanath kumar, general manager of United India Insurance, in the presence of RR Nair, director and CEO of LIC Housing Finance and G Srinivasan, chairman cum managing director of United India.