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About our Insurers

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  • ICICI Lombard General Insurance Company Limited
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  • Bajaj Allianz General Insurance Company Limited
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  • Tata AIG General Insurance Company Limited
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  • Reliance General Insurance Company Limited
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  • Cholamandlam MS General Insurance Company Limited
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  • IFFCO-TOKIO General Insurance Company Limited
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  • Royal Sundaram Alliance Insurance Company Limited
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  • The New India Assurance Company Limited
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  • National Insurance Company Limited
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  • United India Insurance Company Limited
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  • The oriental Insurance Company Limited
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  • Star Health & Allied Insurance Company Limited
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  • HDFC General Insurance Company Limited
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  • Apollo DKV Insurance Company Ltd.
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  • Future Generali India Insurance Co. Ltd.
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      ICICI Lombard General Insurance Company Limited
      ICICI Lombard General Insurance Company Limited is a 74:26 joint venture between ICICI Bank Limited and the Canada based $ 26 billion Fairfax Financial Holdings Limited. ICICI Bank is India's second largest bank, while Fairfax Financial Holdings is a diversified financial corporate engaged in general insurance, reinsurance, insurance claims management and investment management.

    Lombard Canada Ltd, a group company of Fairfax Financial Holdings Limited, is one of Canada's oldest property and casualty insurers. ICICI Lombard General Insurance Company received regulatory approvals to commence general insurance business in August 2001.

     
         
      Bajaj Allianz General Insurance Company Limited  
      Bajaj Allianz General Insurance Company Limited is a joint venture between Bajaj Auto Limited and Allianz SE. Both enjoy a reputation of expertise, stability and strength.

    Bajaj Allianz General Insurance received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration (R3) on May 2nd, 2001 to conduct General Insurance business (including Health Insurance business) in India.Bajaj Auto holds 74% and the remaining 26% is held by Allianz, SE.

     
         
      Tata AIG General Insurance Company Limited  
      Tata AIG General Insurance Company Ltd. is a joint venture company, between Tata Sons and American International Group, Inc. (AIG).

    Tata AIG combines the strength and integrity of the Tata Group with AIG's international expertise and financial strength. The Tata Group holds 74 per cent stake while AIG holds the balance 26 per cent stake.

    Tata AIG General Insurance Company, which started its operations in India on January 22, 2001 offers the complete range of general insurance for automobile, home, personal accident, travel, energy, marine, property and casualty, as well as several specialized financial lines.

     
         
      Reliance General Insurance Company Limited  
      Reliance General Insurance, a Subsidiary of Reliance Captial, is one of the first non-life companies to get the license from the IRDA. RGICL offers an exhaustive range of insurance products that covers most risks including Property, Marine, Casualty and Liability.

    Reliance General Insurance is the fastest growing private sector general insurance company in India with innovative product offerings and customer service standards that are benchmarked to the best insurance practices in the world.

    Reliance General Insurance offers a wide range of products for corporate and individual customers. With a focus on customer centric products, multiple distribution channels and technology adoption we aim to capture substantial market share across product lines.

     
         
      Cholamandlam MS General Insurance Company Limited  
      Cholamandalam MS General Insurance Company Ltd. is a Joint Venture between the $2.0 billion Murugappa Group, one of India’s largest family-promoted, professionally managed business groups enjoying leadership position in many of its several diversified businesses and Mitsui Sumitomo Insurance Group of Japan, one of the top ten General Insurance companies globally and Japans second largest Insurance Group.

    Cholamandalam MS offers a rich range of comprehensive product solutions spanning almost all non-life Insurance offerings ranging from Motor Insurance, Health, Home, Travel, to Accident, Property, Marine and Engineering. The organizations’ commitment to consumer orientation is seen right from underwriting and product development, its product differentiation, high operational efficiency for policy issuances, to excellent customer redressal mechanisms for fair and quick Claims settlement. With its competencies and consumer focus, Cholamandalam MS is poised to become one of the large players in the Industry

     
         
      IFFCO-TOKIO General Insurance Company Limited  
      IFFCO TOKIO General Insurance Company is a joint venture promoted by India Farmers Fertiliser Co-operative, Tokio Marine and Fire Insurance Company, Japan, the fifth largest insurance company in the world, Krishak Bharathi Cooperative Ltd.(KRIBHCO), and Indian Potash. Their contribution to the Rs. 100 crore equity capital is 49 percent, 26 percent, 20 percent and 5 percent respectively. The Head Office is in Delhi and the other operating Offices are in about 20 cities.  
         
      Royal Sundaram Alliance Insurance Company Limited  
      Royal Sundaram is a joint venture between Sundaram Finance and Royal & SunAlliance and in April 2000, a letter of undertaking was signed to establish a joint venture insurance company.

    On 28th August 2000 the licence application was submitted to the IRDA and the license was granted to Royal Sundaram on 23rd of October 2000 by the IRDA, making us the first foreign Joint Venture to obtain a license for conducting in the Non-Life segment.

    Royal Sundaram was formally launched as a company on 12th March 2001 and is now in its sixth year of operation.

    The shareholders of Royal Sundaram are as follows:

    Sundaram Finance and Associates 74%
    Royal & SunAlliance Plc. London 26%

    Working from a Corporate office in Chennai, Royal Sundaram has four fully operational Regional Centres in Chennai, Mumbai, Guargon and Kolkata supported by a network of 35 Branch Offices. Each of these Regional Offices are staffed by a team of insurance professionals responsible for Customer Servicing, Business Development, Underwriting, Operations and Claims Management.

     
         
      The New India Assurance Company Limited  
      Established by Sir Dorab Tata in 1919, New India is the first fully Indian owned insurance company in India.

    New India is a pioneer among the Indian Companies on various fronts, right from insuring the first domestic airlines in 1946 to satellite insurance in 1990. The latest addition to the list of firsts is the insurance of the INSAT-2E.

    With a wide range of policies New India has become the largest non-life insurance company not only in India, but also one of the leading insurer in the Afro-Asian region.

     
         
      National Insurance Company Limited
     
      National Insurance Company Limited was incorporated in 1906 with its Registered office in Kolkata. Consequent to passing of the General Insurance Business Nationalisation Act in 1972, 21 Foreign and 11 Indian Companies were amalgamated with it and National became a subsidiary of General Insurance Corporation of India (GIC) which is fully owned by the Government of India. After the notification of the General Insurance Business (Nationalisation) Amendment Act, on 7th August 2002, National has been de-linked from its holding company GIC and presently operating as a Government of India

    National Insurance Company Ltd (NIC) is one of the leading public sector insurance companies of India, carrying out non life insurance business. Headquartered in Kolkata, NIC's network of about 1000 offices, manned by more than 16,000 skilled personnel, is spread over the length and breadth of the country covering remote rural areas, townships and metropolitan cities. NIC's foreign operations are carried out from its branch offices in Nepal and Hong Kong.

    Befittingly, the product ranges, of more than 180 policies offered by NIC cater to the diverse insurance requirements of its 10 million policyholders. Innovative and customized policies ensure that even specialized insurance requirements are fully taken care of.

     
         
      United India Insurance Company Limited  
      UI is a leading General Insurance Company. It has more than three decades of experience in Non-life Insurance business. It was formed by the merger of 22 companies, consequent to nationalisation of General Insurance. UI is Head Quarters at Chennai.  
         
      The oriental Insurance Company Limited  
      The Oriental Insurance Company Ltd was incorporated at Bombay on 12th September 1947. The Company was a wholly owned subsidiary of the Oriental Government Security Life Assurance Company Ltd and was formed to carry out General Insurance business. The Company was a subsidiary of Life Insurance Corporation of India from 1956 to 1973 ( till the General Insurance Business was nationalized in the country). In 2003 all shares of our company held by the General Insurance Corporation of India has been transferred to Central Government.

    The Company is a pioneer in laying down systems for smooth and orderly conduct of the business. The strength of the company lies in its highly trained and motivated work force that covers various disciplines and has vast expertise. Oriental specializes in devising special covers for large projects like power plants, petrochemical, steel and chemical plants. The company has developed various types of insurance covers to cater to the needs of both the urban and rural population of India. The Company has a highly technically qualified and competent team of professionals to render the best customer service.

    Oriental Insurance made a modest beginning with a first year premium of Rs.99,946 in 1950. The goal of the Company was “Service to clients” and achievement thereof was helped by the strong traditions built up overtime.

    ORIENTAL with its head Office at New Delhi has 23 Regional Offices and nearly 900 operating Offices in various cities of the country. The Company has overseas operations in Nepal, Kuwait and Dubai. The Company has a total strength of around 16,000 employees. From less than a lakh at inception, the Gross Premium went up to Rs.58 crores in 1973 and during 2006-07 the figure stood at a mammoth Rs. 4020 crores.

     
         
      Star Health & Allied Insurance Company Limited  
      Star Health and Allied Insurance Co. is a joint venture between Oman Insurance Company, ETA Ascon Group and a host of Insurance veterans from India. It is our endeavour to provide dedicated, affordable and quality health insurance that preserves and values human lives. We aim to be the most favoured brand in the health insurance segment. We offer a wide range of health insurance services and related products at affordable prices. Our prime objective is to offer services in the health segment that enable you to manage stressful situations.  
         
      HDFC General Insurance Company Limited  
      HDFC was incorporated in 1977 as the first specialised mortgage company in India. HDFC provides financial assistance to individuals, corporates and developers for the purchase or construction of residential housing. It also provides property related services ( e.g. property identification, sales services and valuation), training and consultancy. Of these activities, housing finance remains the dominant activity. HDFC has a client base of around 9.5 lac borrowers, around 1 million depositors, over 91,000 shareholders and 50,000 deposit agents as at March 31, 2007. HDFC has raised funds from international agencies such as the World Bank, IFC (Washington), USAID, DEG, ADB and KfW, international syndicated loans, domestic term loans from banks and insurance companies, bonds and deposits. HDFC has received the highest rating for its bonds and deposits program for the twelfth year in succession.

    HDFC Standard Life Insurance Company Limited, promoted by HDFC was the first life insurance company in the private sector to be granted a Certificate of Registration (on October 23, 2000) by the Insurance Regulatory and Development Authority to transact life insurance business in India.

     
         
      Apollo DKV Insurance Company Ltd  
      Quality healthcare and Apollo have become synonymous in the Indian subcontinent, a fact reiterated by global healthcare experts and international accreditation bodies. Committed to bring world class health care within the reach of every individual, Apollo Hospitals Group has joined hands with DKV, a world leader in the field of health insurance. The joint venture is poised to make good the conviction of both the partners that Indian health insurance market is on the brink of explosive growth.

    About DKV
    DKV is the European market leader and one of the world’s top five private health insurers. In 2006, the company reached a gross premium income of € 5bn with 7.3 million customers. With its Think Healthcare!® strategy DKV provides insurance coverage, healthcare services and medical care from one single source. DKV is represented across Europe (Belgium, Germany, Great Britain, Luxembourg, Norway, Spain, Sweden) as well as in Asia, i.e. China and South Korea. DKV’s headquarters are based in Cologne & Germany. The company is a member of the ERGO Insurance Group and thus part of the Munich Re Group, one of the world’s largest reinsurers. For further information visit www.dkv.com

    About Apollo Hospitals Group
    Apollo Hospitals is the largest healthcare group in Asia, with over 7000 beds in 41 hospitals. It holds the distinction of being the first group of Indian hospitals to be accredited by Joint Commission International. The group has a comprehensive focus on healthcare in the Indian subcontinent, with India’s largest pharmacy retail chain, a string of nursing and hospital management colleges, a country-wide network of diagnostic clinics, and India’s largest third party administrator in health insurance. For further information visit www.apollohospitals.com

     
      Future Generali India Insurance Co. Ltd.  
      Future Generali is an insurance joint venture headquartered in Mumbai, India between the Italy-based Generali Group and the India-based Future Group. Future Generali operates Life and Non-Life insurance businesses through ‘Future Generali India Life Insurance Co. Ltd.’ and ‘Future Generali India Insurance Co. Ltd.

    About Generali Group
    The Generali Group is one of the most significant participants in the global insurance and financial product markets and is ranked as the 30th largest company in the world by Fortune (2007). The Group’s Parent and principal operating Company Generali is Assicurazioni Generali, market leader in Italy, founded in 1831 in Trieste. Generali is the largest corporation in Italy.

    About Future Group
    The Future Group is a diversified conglomerate with presence in multiple consumer-centric businesses like retail, consumer finance, capital, insurance, media, brands and logistics. The group’s flagship enterprise, Pantaloon Retail (India) Limited, India’s leading organized retailer, owns and manages multiple retail formats including Pantaloons, Big Bazaar, Central, Food Bazaar, Home Town, among others. With its width and depth of merchandise, it captures almost the entire consumption basket of the Indian consumer. Headquartered in Mumbai, the company operates over 5 million square feet of retail space, has more than 450 stores in different formats across 40 cities in India and employs over 18,000 employees.

     

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    Information about our insurers is provided for informational purposes only. Information about companies can change from time to time. Please read our Legal Disclaimer for more detail.