IFFCO Tokio General Insurance Company Limited

IFFCO Tokio General Insurance Company Limited

Activity : General Insurance

Corporate Office : Gurgaon

IFFCO's Shareholding : 51%

IFFCO-TOKIO was established as a Joint Venture Company in the year 2000 with Tokio Marine Asia. IFFCO and Tokio Marine Asia hold 51% and 49% shareholding respectively in the Company.

The Company has completed 18 years of its successful operations and is among the top five (5) General Insurance Companies in India.

The Company has insurance cover for all customer segments. It has very strong distribution network to distribute the products and has Bema Kendras in tier 2, 3, 4 cities to serve the rural customers.

During FY 2018-19, IFFCO-TOKIO has underwritten crop insurance in Rajasthan and Maharashtra in and mass health insurance in Orissa and part of West Bengal.

In 2018-19, the Company has taken many digital initiatives like settling claims through Quick Claim Settlement applications so that service can be provided at the doorstep of the customer.

The unique Policy 'Sankat Haran Bima Yojna', which provides accident cover against every purchase of IFFCO fertiliser bag by farmer, has entered into its 18 th year. It has covered approximately 1.92 crore farmers and disbursed about Rs.107.87 crore in claims, since its launch in September, 2001.