Royal Sundaram inaugurates a branch in Pondicherry

Royal Sundaram today announced the opening of their newest location in the union territory of Pondicherry

Managing Director, Ajay Bimbhet said: Pondicherry has been emerging as a preferred destination for IT investments, both hardware and software and the consequent demand for financial products is also growing at a considerable pace. We recognize that the huge potential for growth in the insurance industry will be contingent on the effectiveness of our distribution network and to this end we have accelerated our pace of growth.

Address: Royal Sundaram Alliance Insurance Co.Ltd., Natesan Tower, Second Floor, Near Indira Gandhi Square, Natesan Nagar, Saravana Carrier Building, Pondicherry – 605005

For more information contact: D Vijayakumar Wood, Branch Manager, Mobile - +91 95435 99169

The Puducherry branch opening is once again part of the company's strategy to scale up its reach and presence in the Tier II & III cities across the country.

About Royal Sundaram

Royal Sundaram offers a range of innovative general Insurance products, which includes Motor, Health, Personal Accident, Home and Travel Insurance for individual customers. For Commercial clients, Royal Sundaram offers a wide range of specialised insurance covers in Fire, Marine, Engineering, Liability and Business Interruption risks. Royal Sundaram also offers specially designed products to the Small and Medium enterprises and Rural customers. Royal Sundaram currently has over 2.5 million customers, over 1750 employees and its products are distributed in over 150 cities across India, through Agents, Distribution Partners, Affinities and Brokers.

About Sundaram Finance

Sundaram Finance, an AAA (pronounced Triple A) rated Non-Banking Finance Company, is one of the most respected financial services companies in India. The Sundaram Finance group’s operations span Vehicle finance, Home mortgages, Asset management, General Insurance, Business process outsourcing, IT solutions and distribution of financial products. Sundaram Finance has a network of over 320 branches across India with over 2,500 employees.

About RSA

With almost 300 year heritage, RSA is one of the world’s leading multinational quoted insurance groups. RSA writes business in over 130 countries, with major operations in UK, Scandinavia, Canada, Ireland, Asia and the Middle East and Latin America. Focusing on general insurance, RSA’s net written premium was GBP 6.5 bn, with strength of over 22,000 employees, worldwide, as on 31st December 2008.