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UP among top GDPI contributors for insurance industry: SBI Gen Insurance

Press Trust of India  |  Lucknow 

has been one of the top five contributors to the sector in terms of gross direct premium income (GDPI) and the state has also played a major role in the "journey" of Insurance, a top Tuesday said.

Pushan Mahapatra, MD and CEO, Insurance, said, "has been one of the top five contributors (in terms of gross direct premium income) to the industry in has seen a stable yet profitable growth since its inception and the state has played a significant role in this journey.

"The state capital, Lucknow, is a leading centre for our as well as corporate policies and we will continue our endeavour of offering unique products to our customers in the region."

He also said that the Simple Health Policy and Individual Personal Accident Policy are the highest selling products in the health category, along with the long term two-wheeler policy in the motor category in

is a significant market for the company, where it currently serves customers through its 10 branches -- Agra, Allahabad, Bareilly, Gorakhpur, Jhansi, Kanpur, Lucknow, Meerut, and Varanasi, he said in a statement issued here.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, October 09 2018. 20:15 IST