business under the integrated management.
Millea Asia Pvt. Ltd considers the Asian market to be the top priority area and it has assumed the role of regional management and head quarters as a technical support center for the Asian subsidiaries / affiliates like ITGI. Management skills and insurance technical knowledge is centered at this management entity and shared with and transferred to ITGI for the betterment in all respects.
TOKIO MARINE GROUP
The company is headquartered in Tokyo, Japan, Tokio Marine has a worldwide network in 41 countries or regions to meet the customers' various demands.
Over 3,400 employees, with different nationalities, backgrounds and languages work within a total of 35 subsidiaries and affiliated companies forming …show more content…
One of the company’s most innovative policies, called “Sankat Haran” (which means something that protects against troubles), gives farmers a free year of personal injury coverage with each purchase of a 50kg bag of fertilizer — and introduces those farmers to ITGI’s coverage for indemnity against Personal Accident. Now over a million Indian farmers are covered under innovative policy called Sankat Haran.
2.3.2 Commercial Products
The products under the Commercial Lines cater to the insurance needs of mainly industrial houses with few exceptions which may also be applicable to Individuals or small/medium units.
Examples of some products under this category are as follows:
• Standard Fire & Special Perils Policy
• Burglary Policy
• Marine Policy
• Engineering Policies
• Liability …show more content…
Customer need:
1) Quickly penetrate India’s wide-open market for personal insurance lines by extending a turnkey insurance administration application to widely distributed retail partners and agents.
2) The ability to generate the insurance documentation at the point of sale without compromising the security.
Millea Asia Pvt. Ltd considers the Asian market to be the top priority area and it has assumed the role of regional management and head quarters as a technical support center for the Asian subsidiaries / affiliates like ITGI. Management skills and insurance technical knowledge is centered at this management entity and shared with and transferred to ITGI for the betterment in all respects.
TOKIO MARINE GROUP
The company is headquartered in Tokyo, Japan, Tokio Marine has a worldwide network in 41 countries or regions to meet the customers' various demands.
Over 3,400 employees, with different nationalities, backgrounds and languages work within a total of 35 subsidiaries and affiliated companies forming …show more content…
One of the company’s most innovative policies, called “Sankat Haran” (which means something that protects against troubles), gives farmers a free year of personal injury coverage with each purchase of a 50kg bag of fertilizer — and introduces those farmers to ITGI’s coverage for indemnity against Personal Accident. Now over a million Indian farmers are covered under innovative policy called Sankat Haran.
2.3.2 Commercial Products
The products under the Commercial Lines cater to the insurance needs of mainly industrial houses with few exceptions which may also be applicable to Individuals or small/medium units.
Examples of some products under this category are as follows:
• Standard Fire & Special Perils Policy
• Burglary Policy
• Marine Policy
• Engineering Policies
• Liability …show more content…
Customer need:
1) Quickly penetrate India’s wide-open market for personal insurance lines by extending a turnkey insurance administration application to widely distributed retail partners and agents.
2) The ability to generate the insurance documentation at the point of sale without compromising the security.