IFFCO Tokio General Insurance Company Limited

IFFCO Tokio General Insurance Company Limited
Private Limited
Industry Insurance
Founded 2000
Headquarters Gurgaon, India
Key people
 Yogesh Lohia, CEO & MD
Products General insurance
Website www.iffcotokio.co.in

IFFCO Tokio General Insurance is a joint venture between Indian Farmers Fertiliser Cooperative (IFFCO) and its associates and Tokio Marine and Nichido Fire Group. The group is chaired by Mr. M. K Srinivasa Gowda while Managing Director and CEO is Yogesh Lohia.[1] Currently IFFCO-Tokio General Insurance is the 3rd largest private general insurance company in India.

History

IFFCO-Tokio General Insurance was incorporated on 4 December 2000 and with 65 Strategic Business Units, a wide network of 122 Lateral Spread Centers and 255 Bima Kendra.IFFCO holds 72.64% shareholding and its Associate M/s Indian Potash Ltd. holds 1.36% shareholding in IFFCO-Tokio General Insurance. In 2009, it found a place in the Capgemini World Insurance Report as an innovative distribution channel. In 2013-14, IFFCO-Tokio wins the National Award for successfully implementing the Indian Government's Labor Department’s RSBY. IFFCO Tokio is also called as ITGI.

References

  1. ↑ "IFFCO-Tokio General profit up 60% at Rs 216 crore". The Economic Times. 29 April 2014. Retrieved 2014-05-07.

External links

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