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SBI General Insurance
SBI General Insurance Company Ltd

About SBI General Insurance

"SBI General Insurance Company Limited is a joint venture between the State Bank of India and Insurance Australia Group (IAG). SBI owns 74% of the total capital and IAG the remaining 26%. SBI General closed the financial year 2014-15 (5th year of operation) with a Gross Written Premium of Rs.1606 crores (including RI accepted and decline pool of Rs. 30 crores) and Gross Direct Premium of Rs. 1577 crores, registering a growth of 33%. As of end of March 2015, the Company’s geographical coverage extends to 77 cities pan India with 2246 employees."

"SBI General has established its presence in 17,274 branches of State Bank of India and also licensed 10 Regional Rural Banks in FY 2014-15. The Company follows a robust multi-distribution model encompassing Bancassurance, Agency, Broking & Retail Direct Channels. Today, SBI General’s Distribution family includes over 14,178 IRDA certified SBI & its Associate Bank employees and over 6323 Agents.

The current policy offering of SBI General covers Motor, Health, Personal Accident, Travel & Home Insurance for Individuals and Fire, Marine, Package, Construction & Engineering, Liability, Group Health, Group Personal Accident & Miscellaneous Insurance for Businesses."

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