Aviva Life Insurance Company India Limited, a trusted insurer committed to helping customers lead healthier, more secure and fulfilling lives, has announced a strategic partnership with Wizz Financial Group through its premier travel and lifestyle service provider, Wizz Holidays PvtLtd., powered by Wizzmoni Financial Services LtdThe partnership aims to expand access to life insurance and critical illness protection for customers across Wizz Financial’s ecosystem.
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Asit Rath, CEO & MD, Aviva Life Insurance, Krishnan R, Director & CEO, Wizzmoni Financial Services Ltd, Amir Nagammy, Founder & CEO, Wizz Financial
Under the partnership, Aviva Life Insurance proposes to make available a range of insurance solutions, including Aviva Signature 3D Term Plan, Aviva 3D Term Plan – Platinum, Aviva Smart Vital, and Group Credit Life productsBy combining Aviva’s life insurance expertise with Wizz Financial’s distribution network, the partnership aims to make relevant insurance solutions more accessible to customers.
The partnership will initially focus on customers accessing gold-backed credit through Wizz Financial’s ecosystem, providing customers with access to suitable insurance solutions during their borrowing journey, subject to their choice and consentOver time, the offering will also extend to customers accessing other financial and travel-related products, including forex, enabling customers to explore appropriate insurance solutions at different stages of their financial journeys.
Commenting on the partnership, Asit Rath, CEO & MD, Aviva Life Insurance, said, “For insurance to become more relevant, it needs to be present in the moments when people are actively making decisions about their financial futureA customer taking a loan is not simply accessing credit; they are taking on a responsibility that can have implications for their family as wellThis partnership allows us to bring protection closer to that moment of decisionAs an industry, the opportunity is to move insurance from being a standalone purchase to a more natural part of everyday financial planningBy working with Wizz Financial, we aim to make protection easier to access, understand, and consider as part of customers’ existing financial journeys.”
Amir Nagammy, Founder & CEO of Wizz Financial, said, “At Wizz Holidays, our focus is on making every customer journey more seamless and worry-freeOur collaboration with Aviva Life Insurance is a natural extension of that commitment, helping customers in India access trusted life insurance solutions more easilyBy combining Wizzmoni’s reach with Aviva’s insurance expertise, we aim to support families in protecting what matters most at every stage of life.”
The partnership further strengthens Aviva Life Insurance’s focus on expanding access to insurance solutions in line with evolving customer needsAlongside financial protection, Aviva continues to encourage individuals and families to build greater financial preparedness and adopt positive and preventive approaches to overall well-beingFurthering this commitment, Aviva Life Insurance recently launched its Term Insurance Plan with Return of Premiums, designed for customers seeking life protection along with the return of total premiums paid upon survival till maturity.
About Aviva Life Insurance
Aviva Life Insurance Company India Limited is a wholly owned (100%) subsidiary of UK-based Aviva International Holdings Ltd(AIH), an insurance group backed by a rich heritage that dates back to 1696.
Committed to moving the needle from protection to prevention, Aviva Life Insurance helps customers build healthier habits while securing their financial futureThrough its range of Term Insurance, Savings, ULIP, and Retirement Solutions, complemented by wellness-led offerings and customer-centric initiatives, Aviva Life Insurance helps customers protect what matters most and plan confidently for the future.
Website: www.avivaindia.com.
About Wizz Financial
Wizz Financial is a neo-banking platform focused on cross-border money movement and lending across strategic economic corridors spanning India, the GCC, Southeast Asia and the United StatesCombining digital infrastructure with physical service networks, the Group delivers financial services across multiple markets through a hybrid operating model.