Royal Sundaram opens branch in Jamshedpur

In line with their aggressive initiative to ramp up their pan India footprint, Royal Sundaram inaugurated its branch in Jamshedpur, which is their very first branch in Jharkhand.

Speaking on the occasion, Ajay Bimbhet, MD Royal Sundaram Alliance Insurance Company Limited said “With almost a decade of experience in dealing with a wide spectrum of industries and extensive industry knowledge, Royal Sundaram is well placed to offer valuable insight and insurance solutions tailored for the commercial segment such as ‘Industrial all risk’, other classes of Property and Engineering, Marine/ Cargo, Group Health Cover and Commercial Vehicles. In the retail segment, we offer wide range of covers at competitive premiums for products such as Motor, Health, Personal Accident, Home, Home Content and Travel insurance."

He added: "Jamshedpur is home to various industries and is also in close proximity to other industrial hubs such as Rourkela and Bokaro. This region is dominated by various ancillaries engaged in auto components such as forging, hoses etc and also small, large and medium-scale industries which require commercial insurance solutions apart from a large base of retail customers. This is indicative of the significant growth opportunities available for Royal Sundaram."

Address: Bumbra Enclave, 4, Sura Bhawan, Ground Floor, Q, Road, Bistupur, Jamshedpur- 831001; Phone No.: 0657-2317209

For more information: Area Head Chandan Kumar; Mobile: 99343-06025

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 £6.7bn, with strength of over 22,000 employees, worldwide, as on 31st December 2009.