New Delhi, March 3 -- Magma General Insurance Ltd (Magma) on Monday said it has entered into a strategic partnership with Hyundai India Insurance Broking for vehicle insurance.
A media release said that the two parties signed the agreement in Gurugram last week in the presence of representatives from both companies.
Under the terms of the agreement, Hyundai India Insurance Broking will offer Magma's motor insurance products for both private and commercial passenger vehicles across over 600 dealerships in India.
"The collaboration will enable vehicle owners to access Magma's comprehensive motor insurance solutions to safeguard against risks such as accidents, theft, natural disasters, and third-party liabilities. The partnership reflects ...