IFFCO-Tokio
IFFCO-Tokio General Insurance (ITGI) was incorporated on 4th December 2000 with a vision of being industry leader by building customer satisfaction through fairness, transparency, and quick response. It is a joint venture between the Indian Farmers Fertilizer Co-operative (IFFCO) and its associates and Tokio Marine and Nichido Fire Group, the largest listed insurance group in Japan.
IFFCO Tokio General Insurance has Pan India presence with 58 ‘Strategic Business Units’ and a wide network of over 110 Lateral Spread Centres and 268 Bima Kendras. It offers a wide range of uniquely customized policies covering a wide range of customers, from farmers to some of India's largest automobile manufacturers. From a modest Rs 213 Crores of GWP (Gross Written Premium) in 2001-02 it has achieved an impressive Rs 1851 Crores in 2010-11, thereby becoming one of India’s leading private players.
Iffco Tokio's micro-insurance initiatives are driven by the vision of its parent company IFFCO which seeks to improve the quality of life of the Indian farmer. Rather than merely downscaling existing products, it has leveraged IFFCO's experience of the rural market to craft a product basket designed specifically for the agricultural sector.
For more details log on to www.iffcotokio.co.in