Royal Sundaram Alliance Insurance Company
In India Royal Sundaram Alliance company is one of the leading insurance company. The company got its license post privatisation in 2001 and is the first of the private insurance company to exist in India. Royal Sundaram Alliance Insurance Company is also the first to introduce cashless hospitalisation, segment specific business solutions, co-branded credit cards and industry specific propositions etc.
Royal Sundaram Alliance Insurance Company is a joint venture between two financial magnets one is RSA of UK which is the second largest insurer and the second is a non-banking financial institution – Sundaram Finance.
This company has agents, partners and brokers all across the country in more than 150 cities.
RSA is one of the oldest and the largest multinational insurance groups of the world. It has extensive global business networks in more than 130 countries including UK, Middle East, Asia, Latin America, Canada etc. Its employee force is more than 22,000.
Sundaram Finance is AAA rated and the most trusted non-banking institution. The financial services offered are on vertical level like the Vehicle finance, general insurance, home mortgages, IT solutions, asset management business process outsourcing and financial product distribution. The employee workforce is more than 2,500 and its operations are spread all over the country in more than 320 branches.
Products offered by the company are health, travel, car, hospital cash, home, business insurances.
The business solutions offered are employee solutions, marine insurance etc.