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Tata AIG General Insurance Co. Ltd.

Company

Tata AIG General Insurance Co. Ltd.

Year Established

2001

Brief History

Tata AIG General Insurance Company Limited (Tata AIG General) is a joint venture company, formed by the Tata Group and American International Group, Inc. (AIG). Tata AIG General combines the Tata Group's pre-eminent leadership position in India and AIG's global presence as the world's leading international insurance and financial services organization.

The Tata Group holds 74 per cent stake in the insurance venture with AIG holding the balance 26 percent. Tata AIG General Insurance Company, which started its operations in India on January 22, 2001, provides insurance solutions to individuals and corporates. It offers a complete range of general insurance products including insurance for automobile, home, personal accident, travel, energy, marine, property and casualty as well as several specialized financial lines.

The Company believes in offering innovative and relevant insurance solutions in the retail and commercial space. Each product offering is backed by expertise and an unparalleled claims service. The Company's products are available through various channels of distribution like agents, brokers, banks (through banc assurance tie ups) and direct channels like Tele Marketing, Digital Marketing, worksite etc.


Promoters of the company

Tata Group and American International Group,

Inc. (AIG). 300

Share Capital (In crores)

300

Solvency margin ratio

1.97

Credit rating

NA

ISO Certificate

NA

Gross Direct Premium 2008-2009 (In crores)

823.92

Net Claim Incurred 2008-2009

(in crores)

355.67

No of Employees

NA


No. of Branch Offices India =

Overseas =

NA

Name & Designation of Key Executives

Gaurav D. Garg, Managing Director & CEO

Kaushal Mishra, Executive Vice President

Kurush Jal Daruwalla, Senior Vice President, Company Secret And General Counsel

Miranjit Mukherjee, Chief Financial Officer

M Ravichandran, National Head ,Commercial Lines Ramesh Ramani, National Head, Accident & Health Bharat Govinda, National Head, Personal Lines Parvathi Singh, National Head, Claims

Atri Chakraborty, National Head, Operations Suryanarayanan Subramanian, National Head, Human Resoun

Mohit Goel, Head Marketing

Head Office

(Corporate Office) Address

Tata AIG General Insurance Company Limited Peninsula Corporate Park, Nicholas Piramal Towers.

9th Floor, Ganpatrao Kadam Marg Lower Parel,

Mumbai - 400 013

Contact Number

Telephone :

Fax :

Email: helpdesk@tata-aig.com

Toll Free No. 1800-11-99-66

Website

www.tataaiginsurance.in

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