What is TATA AIG General insurance

TATA AIG General insurance Company Limited is a prominent private general insurance provider in India, established as a venture between the Tata Group and American international Group(AIG). The company began its operation on January 22, 2001, and has since developed a comprehensive portfolio of insurance products catering to both individual and corporate clients.

•Key Offerings:

° Personal Insurance: Health Insurance, motor insurance( car and two- wheeler), travel insurance, home insurance, and personal accident.

° Commercial Insurance: Liability insurance, marine cargo insurance, property and business interruption insurance, professional indemnity, and specialized products like environmental insurance and extended warranty.

• Operational Highlights:

°Gross Written Premium (GWP): As of March 31 , 2024, the Company recorded a GWP of Rs.14,819 crore( excluding crop insurance) .

° Distribution Network: TATA AIG operates through a vast network comprising over 89,000 licenced agents. more than 730 licenced brokers, and numerous bancassurance partnership .

° Customer Service Infrastructure: The company boasts a workforce exceeding 8,751 employees, including over 750 full time claim experts, spread across 221 locations in India. It also has tie- up with more 7,500 workshop and over 11,000 network hospitals, ensuring extensive service reach.

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