Magma ties up with Toyota Tsusho to boost presence in vehicle insurance market
Mumbai, May 14 -- Magma General Insurance Limited (Magma), a prominent player in India's general insurance sector, has forged a strategic partnership with Toyota Tsusho Insurance Broker India Pvt Ltd (TTIBI) to enhance its presence in the passenger car insurance market.
Through this collaboration, TTIBI will distribute Magma's comprehensive motor insurance products for both private and commercial passenger vehicles via its extensive 150-dealer network. The partnership aims to increase accessibility to Magma's insurance offerings, covering accidents, theft, natural disasters, and third-party liabilities, providing a more efficient and customer-friendly experience.
Commenting on the partnership, Rajive Kumaraswami, Managing Director and CEO o...
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