Ageas to enter exclusive negotiations to establish long-term partnership with Saga plc
10/11/24, 7:11 AM
Location
Industry
insurance
financial services
travel
Ageas has entered into exclusive negotiations with Saga plc to establish a 20-year partnership with Saga Services Limited for the distribution of personal lines Motor and Home insurance products to Saga's customers. Additionally, Ageas would acquire Saga's Insurance Underwriting business, AICL, aligning perfectly with Ageas’s strategy to accelerate solutions targeted at an ageing population, while enhancing its position as a leading personal lines insurer in the UK.
Company Info
Location
Mumbai, Maharashtra, India
Company info
Ageas is an international insurance group with a heritage spanning almost 200 years. It offers Retail and Business customers Life Protection, Pension, Saving, and Investment products designed to help people protect and enhance their financial future.