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| Cholamandalam MS General Insurance Company Ltd. |
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This company is also a joint venture between The Murugappa Groups and the global giant Mitsui Sumitomo Insurance Group. Both these companies as individuals are giants in their area of service. The Murugappa Group has its head office in Chennai. In India it is a 8,500 crore business with interests in engineering, abrasives, sanitary ware, fertilizers, finance, bio-products and plantations. This is a huge Indian company. While Mitsui Sumitomo Insurance Group is one of the largest insurance groups in the world. Both these companies came together to mark a new era in the insurance market. They gave stiff competition to the already existing insurance giants in the Indian market.
Cholamandalam MS General Insurance is a name to reckon with in the insurance sector. With such great financial backing, there is no doubt about its financial strength and reliability. Among the range of Individual insurance, Cholamandalam MS General Insurance provides Motor Insurance, Health Insurance, Travel Insurance, Home Insurance, Personal Accident insurance, Office Insurance and Shop Insurance.
Mitsui Sumitomo Insurance Group is a giant in global insurance; its offices are established in almost 38 countries across the globe. With so much of expertise and knowledge backing Cholamandalam group, this insurance company is rapidly showing growth. Mitsui Sumitomo Insurance Group is the second largest insurance group of Japan and they are fast heading to capture more and more of Indian market.
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