The Murugappa Group, headquartered in Chennai, India, is a USD 2.4 billion (Rs 9,582
crore) assemble by 2010 with interests in engineering, abrasives, sanitaryware,
fertilisers, finance, bio-products and plantations. 29 companies run under this
group, out of which eight are listed and incessantly traded on the National Stock
Exchange and the Bombay Stock Exchange. Together, they have over 28,000 employees.
With 40 units spread across 12 states in India, the Murugappa Group is one of India's
oldest business houses. It has presence in the UK, USA, Australia, Canada, South
Africa, UAE, Thailand, and China.
The group is a market leader in India across a lot of products like sanitary ware,
fertilisers, abrasives, automotive chains, car door frames and steel tubes. Some
of the country's best-known brands like BSA and Hercules in bicycles, Parryware
in sanitary ware, Parrys Spirulina and Parrys Beta Carotene in nutraceuticals, Ballmaster
and Ajax in abrasives, Gromor and Paramfos in fertilisers, and lot more fall under
the Murugappa Group.
The group is also the recipient of the Distinguished Family Business Award – 2001
from the International Institute of Management Development (IIMD) in Switzerland.
It is the only business group in Asia to have received this prestigious award.
Mitsui Sumitomo Insurance Group
Mitsui Sumitomo Insurance Group is one of the largest insurance groups in the world.
Today, the group deals in non-life insurance, life insurance, financial services
and risk management services. With non-life insurance as its core business, the
operations of Mitsui Sumitomo Insurance Group span across 38 countries across the
globe. With gross premium of 12.65 billion USD in 2007, MS is the second largest
insurance group in Japan and is rated “AA-” by Standard & Poor and “Aa3” by Moody's.
Mitsui Sumitomo Insurance has 733 sales bases, 257 claims handling offices and approximately
75,000 agents throughout Japan to form a sales network of the elite class in the
industry. The company also offers global services with 63 sales bases in 38 countries
and regions overseas.
A joint venture of Murugappa Group and Mitsui Sumitomo Insurance Group forms the
reputed Cholamandalam-MS General Insurance Company Ltd.
- Workmen's Compensation Policy
- Public Liability Policy
- Product Liability Policy
- Professional Indemnity Policy
- Motor Policies
- Accident and Hospitalization Policies
- Social Policies
- Package Policies
- Travel policies
- Business PoliciesBusiness Policies
- Rural Policies