United Insurance Weighing Arm For Personal Risk Foray

United India Insurance Company Ltd announced that it was studying the possibility of starting a wholly owned subsidiary for doing personal insurance business.

It has appointed A F Ferguson & Co as consultant for the same.

As a prelude, the general insurance major has started a strategic business unit within the existing set up to concentrate on the personal insurance business.

V Jaganathan, chairman and managing director of United India, said: