Tata AIG General Insurance Company Limited is a joint venture between Tata Group and American International Group (AIG). Tata AIG General Insurance Company Limited celebrated 15 years of service this year (2015) since it commenced operations in India on January 22, 2001. The company offers a range of general insurance covers for businesses and individuals and has a comprehensive range of general insurance products for Liability, Marine Cargo, Personal Accident, Travel, Rural-Agriculture Insurance, Extended Warranty etc. Each product offering is backed by professional expertise. Tata AIG General Insurance Company Limited has an asset base of approximate 0.6 billion USD, a workforce of 2523 employees and 9446 agents. It is present in 98 locations across India.
The company has made a mark in the industry by launching several innovative products and services over the years. The company’s products are available through various channels of distribution such as Agency, Broking, Assurance & Affinity and Digital/Online. Tata AIG General Insurance Company Limited is proud towards making a progress in going the digital route. The company recently launched a strategic initiative called ‘Go Digital’ that facilitates the process of sales, till policy issuance.
Another milestone – ‘Tata AIG Academy’ was established in May 2014 with a vision to be a center of excellence in learning in the General Insurance domain. Its mission is to align the training programs with the strategic business and developmental needs of Tata AIG General Insurance Company Limited as well as to empower employees and partners to succeed in a fast-changing competitive environment. In the course of a year it has been able to spread insurance awareness and knowledge to over 2500 employees and a vast majority of distribution partners through mass based digital; learning platforms like Budhwaar ki Paathshala, eLMS, quiz, creating top class academic books and organizing training and seminars for distribution partners. It has also played a significant part in ensuring a greater number of employees get professionally qualified from institutes like III, NIA in India and CII, London.