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Important Notes
No details found.Corporate Office
Royal Sundaram General Insurance Co. Limited
Address : Vishranthi Melaram Towers No.2/319 , Rajiv Gandhi Salai(OMR) Karapakkam,Chennai - 600097
Telephone Number : 91-44-7117 7117
Fax Number : 91-44-7113 7114
Registered Office Address
Royal Sundaram General Insurance Co. Limited
Address : No.21,Patullos Road,Chennai - 600002
Customer Services
Contact Number : 1860 425 0000
Email Address : [email protected]
Company
Royal Sundaram General Insurance Co. Limited (formerly known as Royal Sundaram Alliance Insurance Company Limited), a subsidiary of Sundaram Finance, is the first private sector general insurance company in India to be licensed in October 2000 by the Insurance Regulatory and Development Authority of India. The company was initially promoted as a joint venture between Sundaram Finance, one of the most respected non-banking financial institutions (NBFCs) in India and Royal & SunAlliance Insurance plc, UK, one of the oldest general insurer in the UK. In July 2015, Sundaram Finance acquired the 26% equity holding from Royal & SunAlliance Insurance plc. Consequently, the entire 100% equity holding is now held by Sundaram Finance (75.90%) and other Indian Shareholders (24.10%).
Royal Sundaram has been providing innovative general insurance solutions to individuals, families and businesses directly as well as through its intermediaries and affinity partners. The company offers Motor, Health, Personal Accident, Home and Travel Insurance to individual customers and offers specialised insurance products in Fire, Marine, Engineering, Liability and Business Interruption risks to commercial customers. Royal Sundaram also offers specially designed products to the small and medium enterprises and rural customers as well.
Currently, Royal Sundaram has over 5.20 million customers,1700 employees and its products are distributed in over 115 cities across India, through agents, distribution partners, affinity partners and brokers.
Royal Sundaram’s Accident and Health claims process received ISO 9001-2008 certification for effective customer service delivery. The Company has also won the "Celent Model Insurer Asia Award" for 2013 and 2014 for developing an intelligent claims management system to improve staff productivity and increased customer satisfaction.
Some of their other achievements are :
- The first private insurer to tie up with banks (affinity partners) for selling retail products into their customers network
- The first insurer to introduce cashless mode of settlement for health claims
- The first private insurer to introduce innovative health products like Hospital Cash
- The first insurer to partner with the top banks in the country and also have a co-branded credit card
About Royal Sundaram
Royal Sundaram is a young and dynamic organisation that came into being just as the insurance sector in India was thrown open to private enterprise. They are among the prime movers in the industry today and it is all because of a spirited work force.
Royal Sundaram General Insurance Co. Limited (formerly known as Royal Sundaram Alliance Insurance Company Limited) a subsidiary of Sundaram Finance, one of the world's leading insurance groups with over 20 million customers worldwide.
With their corporate office at Chennai, they have offices in 110+ locations that includes the four regional offices at Chennai, Mumbai, Gurgaon and Kolkata. Each regional office has a team of insurance professionals responsible for Customer Servicing, Business Development, Underwriting, Operations and Claims Management.
Their vision is to be the 'First Choice' general insurer for India. Towards this goal, they :
- Do everything to offer their customers peace of mind through innovative insurance solutions, products and superior service.
- Conduct their dealings with honesty, without ever compromising on integrity.
- Empower themselves and others to be committed and take responsibility.
- Strive to share knowledge.
- Invest in their people and recognize as well as reward superior performance.
- Provide their people with a challenging and rewarding work environment.
- Develop and maintain the highest standards of professionalism backed by continuous learning and improvement.
- Be a responsible corporate citizen and a caring member of the community.
- Enjoy what they do.
Sundaram Finance
Sundaram Finance, a Non-Banking Finance Company, is one of the most respected financial services companies in India. It finances the entire range of commercial vehicles, passenger cars, construction equipment & tractors. The Group's operations also extend to Insurance, Asset Management, Home loans, Business Process outsourcing and Infotech Solutions. Sundaram Finance has a nationwide presence with over 500 branches and over half a million customers and depositors who are serviced by over 2500 employees. Sundaram Direct, its retail distribution arm offers multiple choices of various financial products like, loans, life & general insurance, mutual funds, deposits etc., to its customers through out India.