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Google Pay’s First-ever Alliance with Insurer in India

Odisha: SBI General announces its technological consort with Google Pay on Friday. The collaboration will enable users to buy SBI General’s health insurance on the Google Pay App in a quick and hassle-free way. According to a statement by the Bank the vision is to consistently expand its distribution of general insurance solutions through digital channels.

The collaboration also marks Google Pay’s first such alliance with an insurer in the country and will make health insurance available to customers, on-the-go on Google Pay Spot.

Commenting on the association, Prakash Chandra Kandpal, MD & CEO, SBI General Insurance, said, “Today’s customers are well informed and evolved about their requirements. The pandemic has boosted the usage of digital platforms for various needs and at their expectations from financial solutions have also matured.”
”This collaboration is yet another endeavor to address this growing need for health insurance, thereby, bring a larger number of people under the insurance fold. With this collaboration, Arogya Sanjeevani, a standard health insurance plan will be offered on the Google Pay platform at an affordable premium by SBI General,” he added.

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