Zurich Kotak GI Partners with Uttarakhand State Rural Livelihood Mission (UKSRLM) to Provide Affordable Insurance Through Self-Help Groups

Zurich Kotak General Insurance Company (India) Limited (formerly Kotak Mahindra General Insurance Company Limited) signed a Memorandum of Understanding (MOU) with the Uttarakhand State Rural

Livelihood Mission (UKSRLM) today to provide accessible and affordable small-ticket insurance to the state's population.

This initiative aims to leverage an extensive network of over 63,000 Women Self-Help Groups (SHGs) and 3,000 Bank Sakhis to distribute insurance products that cater to the needs of rural and underserved communities.

Under this partnership, Zurich Kotak will begin its efforts by collaborating with the Sakhis, empowering them to distribute sachet insurance products via the mobile applications they already use. The goal is to embed insurance services into the daily lives of these women, enabling greater financial inclusion for the people of Uttarakhand.

Through these initiatives, the company will not only provide insurance solutions but also extend its commitment to social responsibility, reaching communities across the state.

"We are thrilled to join forces with the Uttarakhand government and support their efforts to bring meaningful financial protection to the people of this beautiful state," said Jagjeet Singh Siddhu, Chief Distribution Officer – Zurich Kotak General Insurance Company (India) Ltd.

"With the strength of Uttarakhand’s Self-Help Groups and Sakhis, we are confident that we can deliver the right solutions to those who need it most," he added.

This collaboration marks an important milestone in the company’s continued commitment to enhancing financial security and empowering individuals and communities across India, fulfilling IRDAI’s vision of “Insurance for All by 2047.”