BUSINESS

New India in pact with AMP Sanmar

CHENNAI, AUG. 21. New India Assurance and AMP Sanmar Life Insurance have entered into an agreement to cross-sell each other's insurance products. Under this agreement, New India's selected general insurance policies are to be marketed through the AMP Sanmar Advisor network, while AMP Sanmar's life insurance products would be marketed by New India's agency force.

The MoU on behalf of New India was signed by R. Beri, Chairman-cum-Managing Director, and on behalf of AMP Sanmar, by S. V. Mony, Vice Chairman.