IFFCO-TOKIO GENERAL INSURANCE

About us
The company's prime principal aims to provide benefits to the general public who traditionally lack knowledge and access to quality insurance products. For this purpose, IFFCO-TOKIO has given ascendancy on the deep knowledge of IFFCO by studying 600 of the country's 602 districts before planning its business strategy. The company carefully follows global financial standards of the Millea group, joining flawless financial management with rapid growth. IFFCO-TOKIO General Insurance is the only private general insurance company in India which has made five consecutive years of profit, and also one of the few to report underwriting profits within four years of operations. The only company in the country to have a 100%-owned distribution channel to service its retail customers, known as IFFCO-TOKIO Insurance Services Ltd (ITIS), this auxiliary has more than 700 employees and is operational in 68 cities. ITIS is an example of a natively developed best practice that will be simulated in other Tokio Marine Asia subsidiaries. Innovation has also played a relevant role in making the company a strenuous industry leader in India and globally as well.

TGI's beneficial financial management has been achieved in a period of extensive rapid growth. The company's GWP has grown from Rs. 896 crores in 2005-06 to Rs. 1152 crores in 2006-07.

Instruments

IFFCO-TOKIO deals in several insurance services. Brief of all the products and services are undermentioned

Commercial Lines

• Standard
• Consequential Loss
• Group Health Insurance
• Contractors All Risk
• Contractors Plnt & Machn
• Boiler & Pressure Plant
• Erection All Risks
• Industrial All Risks
• Machinery Breakdown
• Machinery Loss of Profit
• Product Liability
• Public Lia Industrial
• Public Lia Non-Industrial
• Marine Cargo
• Electronic Equipment
• Bankers Blanket
• Burglary Insurance
• Fidelity Guarantee
• Money Insurance
• Workmen's Compensation

Retail Lines

• Motor Private Car
• Motor Cycle/Scooter
• Home & Family Protector
• Trade Protector
• Industry Protector
• Office Professional Establishment
• Home Suvidha
• Trade Suvidha
• Individual Medishield
• Individual Personal Accident
• Group Personal Accident
• Critical Illness Policy
• Surgery Protector
• Travel Protector
• All Risk Insurance

Speciality Lines

• Credit Insurance
• Multi Modal transport (MTO)
• Marine Hull & Machinery
• Jeweller's Block
• Barish Bima Yojna (Weather Insurance)
• Sagar Bandhu Bima Policy
• Aviation Insurance Policy
• Errors and Omissions (Technology) Policy
• Fine Art Insurance – Private Collectors
• Fine Art Insurance – Art Dealers & Gallery Owners