mumbai hdfc ergo general insurance company today said it has entered into a distribution agreement with deutsche bank under the partnership the leading german lender will distribute hdfc ergos nonlife insurance products through its 17 branches spread across 16 indian cities the private sector nonlife insurance firm will offer a bouquet of products related to motor travel commercial home personal accident and critical illness to deutsche bank customers we have got a very big payroll customer base and a very big business banking customer base in the country numbering 82000 we will be focusing on motor insurance for our salaried class customers under the tieup numbering 36000 and will try to sell other nonlife products through business banking deutsche bank head deposits and wealth management for private and business clients japjit bedi said through this tieup we are looking at underwriting premium to the tune of rs 8 crore per annum he added deutsche bank already has a distribution tieup with private sector life insurer birla sun life we are underwriting premiums to the tune of rs 25 crore per annum by sale of life insurance products to our customers through this tieup singh said this alliance with hdfc ergo is an important milestone for us as bancassurance is a key element of our growth strategy it is our endeavour to continuously innovate and make our products widely available hdfc ergo managing director and ceo ritesh kumar said