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 19 years of its successful operations and is among the top four (4) private 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.
In FY 2019-20, the Company has actively participated in the Pradhan Mantri Fasal Bima Yojana (PMFBY) in the allotted districts of Uttar Pradesh, Madhya Pradesh, Andhra Pradesh, Telangana, Sikkim and has also participated in the mass health insurance of Punjab.
The unique Policy 'Sankat Haran Bima Yojna', which provides accident cover against every purchase of IFFCO fertiliser bag by farmer, has entered into its 19 th year. It has covered approximately 1.98 crore farmers and disbursed claims worth Rs.111 crore, since its launch in September, 2001.www.iffcotokio.co.in