Digit in bancassurance agreement with KVB

Digit Insurance, a new-age insurance firm, announced its first bancassurance tie-up with Karur Vysya Bank Ltd. “This tie-up will help us reach out to the small and medium enterprises (SMEs) with our innovative solutions to cover for SMEs’ business interruption and loss with a fixed benefit, beyond the regular coverage available in the market,” said Kamesh Goyal, chairman, Digit Insurance. This is Digit Insurance’s first bancassurance tie-up with KVB. For KVB, this is the first insurance collaboration specifically aimed at the SME segment, said the company in a statement.