Tata AIG General Insurance Company Limited is an Indian general insurance company and a joint venture between the Tata Group and American International Group (AIG). Tata Group holds a 51percent stake in the insurance venture with AIG holding the balance of 26 percent.
Tata AIG General Insurance Company, which started its operations in India on 22 January 2001, provides insurance to individuals and corporates. It offers a range of general insurance products including insurance for automobile, home, personal accident, travel, energy, marine, property and casualty as well as specialized financial lines. The company's products are available through distribution channels like agents, brokers, banks (through bank assurance tie ups), and direct channels like telemarketing, digital marketing, worksite etc.
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History
Tata AIG General Insurance Company Limited (Tata AIG General) is a business collaboration of the Tata Group and American International Group, Inc. (AIG). Tata AIG General merges two major finance organizations: the Tata Group's prominent headship place in India and AIG's global presence as the world's leading international insurance and financial services organization. This joint venture has started its operations in India from 22 January 2001. The company provides corporate and personal insurance services.
The organization offers an array of general insurance covers which are well thought-out under commercial and consumer demands. The commercial sector covers Energy, Marine, Property and specialized Financial covers. The consumer insurance service offers a variety of general Insurance products such as insurance for Automobiles, personal accident, casualty, home, health and travel.
The company has made the availability for its services from end to end channels of distribution like agents, banks (through bancassurance tie ups), brokers and direct channels like tele-marketing, e-commerce, website, etc.
The headquarters is in Mumbai. The company has provided the employment to more than 2000 qualified professionals across the country in more than 160 locations.
Tata AIG Life Insurance was rechristened as Tata AIA Life Insurance Company following the exit of American International Group (AIG) from the Hong Kong-based insurer AIA Group.
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References
External links
- Official website
Source of the article : Wikipedia
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