ENA MSME 2025-04-17 14:33:29 <p><span style="font-size:14px"><strong>New Delhi, Apr 17 (KNN) </strong>United India Insurance Company Ltd (UIICL), a public sector non-life insurer, has formed a strategic partnership with the Small Industries Development Bank of India (SIDBI) to distribute general insurance products specifically designed for the MSME sector.</span></p> <p><span style="font-size:14px">The collaboration aims to deliver comprehensive insurance solutions including home, health, motor, and engineering products to SIDBI's customer base across its network of 123 branches throughout India.</span></p> <p><span style="font-size:14px">UIICL considers this alliance a crucial step toward increasing insurance penetration among Micro, Small, and Medium Enterprises (MSMEs).</span></p> <p><span style="font-size:14px"> This partnership marks a significant move towards offering customized insurance solutions to MSMEs, a sector central to India's economic growth, said Mathew George, Executive Director, UIICL.</span></p> <p><span style="font-size:14px">Ravindran A.L., Chief Business Officer, SIDBI, characterised the collaboration as a step forward in delivering integrated financial and insurance services under one roof.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 41779 https://knnindia.co.in/news/newsdetails/msme/united-india-insurance-to-offer-comprehensive-cover-to-sidbis-msme-clients 2025-04-17 14:33:29 knnindia.co.in