Shriram General Insurance Company

Shriram General Insurance Company

Shriram General Insurance
Shriram General Insurance

Shriram General Insurance Company Review

Shriram General Insurance Company was established in 1974. It is a joint venture between Shriram Capital Limited and Sanlam Limited (South Africa). The general insurance company is licensed by IRDAI (Insurance Regulatory and Development Authority of India) and has become the preferred insurance partner of IRCTC. The business philosophy of Shriram General Insurance is to provide its services to the most common people.

The general insurance company is focused on bringing indigenous technology platforms to meet the needs of its customers, build capacity and reach out to the poor in the country. This approach of the company has ensured its strong growth and stability for more than 3 decades.

To achieve its mission, the company is constantly focusing on innovative products and implementing the latest IT advancements in its operations. This has speeded up the company’s processes and improved customer satisfaction.

Shriram General Insurance Company Statistics

Shriram General Insurance offers a wide range of general insurance solutions including Motor Insurance, Travel Insurance, Home Insurance, Fire Insurance, Only Liability Insurance, Marine Insurance, Engineering Insurance and Rural Insurance. All the insurance solutions offered by Status General Insurance Company are affordable and have risk coverage, hence they are widely accepted by the customers.

The general insurance company has a presence in 209 locations across the country and has served over 12 million customers till date with 60,000 dedicated professionals. These excellent figures have made the company India’s fastest growing multi-line and first choice general insurance company.

However, the company has achieved such unparalleled figures with its vast network of over 2,000 network garages created across the country to provide quick assistance to policyholders.

Shriram General Insurance Company Financial

Total ownership premium recorded during the financial year 2019-20. 2466 crores. 2356 crores in financial year 2018-19. During the year, the company continued its core focus on settling motor third party claims and settled insurance cases amounting to approximately 15,000 claims. The profit after tax of a general insurance company is Rs. 663 crores. 741 crores.

Shriram General Insurance
Shriram General Insurance

Why choose Shriram General Insurance?

Shriram General Insurance policyholders are overwhelmed with the many benefits that come with its insurance policies. Here are some points that show the benefits of buying an insurance plan from Shriram General Insurance Company:

Quick Renewal Process – The renewal process offered by Shriram General Insurance is quick, simple and online. To renew an insurance policy, enter your policy number to proceed. After this make necessary changes in the policy and make payment.

Easy Claim Process – Shriram General Insurance aims to respond promptly to your needs and handle your claim in a prompt and hassle-free manner. The company’s online claim process includes claim registration, claim status tracking, document uploading, etc.

24×7 Customer Support – The customer support team of the general insurance company is always ready to serve you and provide assistance in case of emergencies. You can call the company’s toll free number 1800-300-30000.

Shriram General Insurance Company Limited Awards and Achievements

Shriram General Insurance has been consistently recognized at various award forums for its consumer-centric approach and innovative insurance solutions. Some of the major awards and recognitions of the General Insurance Company are:

Excellence in Development Award 2012
Celenet India Insurance Awards 2011
Non-Life Insurance Compliant Insurers in 2018
Shriram General Insurance Product Portfolio
Shriram Car Insurance Policy

Shriram Car Insurance Plan is a mandatory third party liability and covers loss and damage to your car due to accident, theft, fire, robbery, riot, earthquake, flood, storm and terrorist acts. Apart from these, the general insurance company offers unique and affordable add-on covers to give you better coverage and protection. Car insurance add-on covers include zero depreciation, challan returns, key replacement, roadside assistance etc.

Shriram General Insurance
Shriram General Insurance

Shriram Two Wheeler Insurance Policy

Shriram General Insurance offers comprehensive two-wheeler insurance that includes third party liability, own risks and compulsory personal accident cover. Covers loss and damage due to natural calamities such as accident, theft, lightning, earthquake, flood, storm, theft, man-made disasters like riots, strikes and acts of terrorism. Third party liability coverage.

The coverage of a two-wheeler insurance plan can be extended with add-on covers, zero depreciation, roadside assistance, rollback etc.

Shriram Commercial Vehicle Insurance

A commercial vehicle is not only a high value asset but also a valuable asset. Hence, it is important to protect your valuable assets with an insurance plan. Compulsory third party liability and loss and damage to your vehicle due to accidents, fire, theft, riots, earthquakes, floods, storms, acts of malice and acts of terrorism are covered under Sriram Commercial Vehicle Comprehensive Policy.

Sriram Home Insurance Policy

Sriram Home Insurance covers loss and damage to your home contents. It is an agreement between the home owner and the insurance company that guarantees that the insured or the policyholder will pay a certain amount of premium against unexpected losses defined by the insurer, including fire, earthquake, lightning, flood, theft, burglary, etc. .

Participatory case etc. The company offers some add-on cards that help you increase the coverage of your home insurance plan, such as terrorism, loss of rent, forest fire, etc.

Shriram General Insurance
Shriram General Insurance

Sriram Travel Insurance Policy

Travel insurance plans from Shriram General Insurance provide coverage for your entire trip wherever you go around the world. It is designed to suit the needs of a person taking a foreign travel insurance policy for leisure vacations or business purposes. It protects you from various types of damages or accidents that may occur while travelling.

Loss of luggage, medical expenses, loss of passport, trip cancellation, personal accident etc. Shree Travel Insurance offers three travel insurance plans that customers can choose according to their needs, including Shree Travel Plus Insurance and Shree Travel Elite Insurance.

Apart from these, Shriram General Insurance also offers other insurance plans like Fire Insurance Plan, Engineering Insurance Plan, Marine Insurance, Liability Insurance, Theft Insurance Plan, Business Protection Plan and Shopper Umbrella Package Insurance.

Shriram General Insurance Company Distribution Network

The company has developed a multi-channel distribution system to offer various types of insurance to policyholders across the country. The agency strengthened its retail business by increasing the number of agents from 17,543 agents to 26,310. Five local rural banks and nine cooperative banks are the corporate agents of your company.

During the financial year 2019-20, the company crossed 26,300 insurance agents to sell its products and offered an online sales platform through web and mobile application through which over 17 lakh e-policies were sold. Ability to create.

Leave a Comment