An Indian assurance company, Cholamandalam MS general insurance Company Limited is a joint association between Murugappa Group and the Mitsui Sumitomo insurance Group (MSIG). Murugappa group is one of the largest industrial houses having 29 companies that operate in 13 states in India. the various business portfolios of Murugappa Group include engineering, finance, fertilisers and bio-products. Some of the companies owned by this group include BSA, Ajax, Ballmaster, Gromor, Paramfos etc. While Mitsui Sumitomo Insurance Group, an expert in general insurance, is the third largest property assurance company in Japan. Cholamandalam General Insurance Company offers various products that include Cholamandalam health insurance, Cholamandalam car insurance, Cholamandalam Travel Insurance, Cholamandalam Home insurance etc.
In the year 2011-2012, the Cholamandalam Insurance company was named as the best insurance company in India for “In time Claims Settlement for the year 2011 – 12”. Indusland Bank has associated with Chola MS to offer insurance to corporate as well as individual customers. Moreover, the company has won the Financial Insights Innovation Award for its mobile enablement innovation.
The product portfolio of the company is mentioned below. Take a look!
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Cholamandalam MS General Insurance Company (more commonly known as Cholamandalam Insurance) is a rapid growing general insurance company in India. Currently, the insurance company has more than 100 branches across the country and is positioned well to seek growth in the years to come.
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