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{{Short description|Indian general insurance company and joint venture}}
{{multiple issues|wikify =April 2010|orphan =February 2009}}
{{Distinguish|Tata AIA Life}}
{{multiple issues|
{{notability|Companies|date=April 2013}}
{{one source|date=April 2013}}
}}
{{Use Indian English|date=May 2014}}
{{Use dmy dates|date=May 2014}}
{{Infobox company
| name = Tata AIG General Insurance Company Limited
| logo = TATA_AIG_logo.png
| type = [[Joint venture]]
| traded_as =
| slogan =
| foundation = {{start date and age|2001}}
| founder =
| location = [[Mumbai]], [[India]]
| industry = [[Financial services]]
| key_people = Neelesh Garg (MD & [[Chief executive officer|CEO]])<ref>{{cite news | url=http://economictimes.indiatimes.com/wealth/news/neelesh-garg-appointed-md-ceo-of-tata-aig-general-insurance/articleshow/49168317.cms | title=Neelesh Garg appointed MD & CEO of Tata AIG General Insurance | newspaper=The Economic Times }}</ref>
| owner = {{ubl|[[Tata Sons]] (51%)|[[American International Group]] (49%)}}
| num_employees =
| products = [[Health insurance]]<br />[[Travel insurance]]<br />[[Vehicle insurance]]
| services =
| revenue = {{up}}
{{INRConvert|11042.55|c}} (2024) <ref name=pnl>{{Cite news|title=Tata AIG Q4FY24 results|url=https://www.tataaig.com/s3/audited_financial_results_for_the_quarter_and_year_ended_31_03_2024_3222bd828b.pdf}}</ref>
| operating_income = {{up}}
{{INRConvert|915.36|c}} (2024) <ref name=pnl/>
| net_income = {{up}}
{{INRConvert|684.92|c}} (2024) <ref name=pnl/>
| homepage = {{official URL}}
| parent =
| subsid =
}}
'''Tata AIG General Insurance Company Limited''' is an Indian general insurance company and a [[joint venture]] between the [[Tata Group]] and [[American International Group]] (AIG).<ref>{{cite news |url=http://www.business-standard.com/india/news/tata-aig-gen-insurance-wins-best-claims-service-company2012/477088/ |title=Tata AIG Gen Insurance wins best claims service company of 2012 |date=12 June 2012 |newspaper=Business Standard |access-date=6 July 2012}}</ref> Tata Group holds a 51 percent stake in the insurance venture with AIG holding the balance of 49 percent.


'''Tata AIG General Insurance Company Limited''' is a [[joint venture]] company, formed by the [[Tata Group]] and [[American International Group]], Inc. (AIG). TAGIC combines the Tata Group's pre-eminent leadership position in [[India]] and AIG's global presence as the world's leading international [[insurance]] and [[financial services]] organization. The Tata Group holds 74 per cent stake in the insurance venture with AIG holding the balance 26 percent. Tata AIG General Insurance Company, which started its operations in India on January 22, 2001, provides insurance solutions to individuals and corporates. It offers a complete range of general insurance products including insurance for [[Automobile insurance|automobile]], [[Home insurance|home]], personal accident, [[Travel insurance|travel]], energy, [[Marine insurance|marine]], [[Property insurance|property]] and [[Casualty insurance|casualty]] as well as several specialized financial lines. The Company believes in offering innovative and relevant insurance solutions in the retail and commercial space. Each product offering is backed by expertise and an unparalleled claims service. The Company's products are available through various channels of distribution like [[Insurance agent|agents]], [[Insurance broker|brokers]], [[bank]]s (through bank assurance tie ups) and direct channels like [[Telemarketing]], [[Digital marketing|Digital Marketing]], worksite etc.
Tata AIG General Insurance Company, which started its operations in [[India]] on 22 January 2001, provides insurance to individuals and corporates. It offers a range of general insurance products including insurance for [[Automobile insurance|automobile]], [[Home insurance|home]], personal accident, [[Travel insurance|travel]], energy, [[Marine insurance|marine]], [[Property insurance|property]] and [[Casualty insurance|casualty]] as well as specialized financial lines. The company's products are available through distribution channels like [[Insurance agent|agents]], [[Insurance broker|brokers]], [[bank]]s (Through bank assurance tie ups), and direct channels like
[[telemarketing]], [[digital marketing]], worksite etc.


==External links==
==History==
* [http://www.tataaiginsurance.in Tata AIG Insurance] Official Website
* [http://www.indianinsurance.com/forums/forumdisplay.php?f=38 Indian Insurance] Discuss online about TATA AIG General Insurance


Tata AIG General Insurance Company Limited (Tata AIG General) is a business [[collaboration]] of the [[Tata Group]] and American International Group, Inc. ([[AIG]]). This joint venture has started its operations in [[India]] from 22 January 2001. The company provides corporate and personal [[Insurance|insurance services]] and automotive insurance as well.
⚫
[[Category:Insurance companies of India]]

⚫
[[Category:Tata Group]]
The organization offers general insurance. The commercial sector covers [[Energy]], [[Marine insurance|Marine]], [[Property]] and specialized [[Financial]] covers. The consumer insurance service offers a variety of general [[Insurance]] products such as insurance for [[Automobiles]], personal accident, casualty, home, health and travel.

The company has made the availability for its services from end to end channels of distribution like agents, banks (through bancassurance tie ups), brokers and direct channels like tele-marketing, e-commerce, website, etc.

The headquarters is in [[Mumbai]]. The company is active in more than 160 locations.{{cn|date=April 2020}}

==Product and services==

*'''Tata AIG''' Car Insurance
*'''Tata AIG''' Two Wheeler Insurance
*'''Tata AIG''' Health Insurance
*'''Tata AIG''' Travel insurance
*'''Tata AIG''' Home Insurance
*'''Tata AIG''' Property Insurance
*'''Tata AIG''' Marine Insurance
*'''Tata AIG''' Liability Insurance

==References==
{{reflist}}

{{Tata Group}}
{{Insurance in India}}

⚫
[[Category:General insurance companies of India]]
⚫
[[Category:Tata Group subsidiaries]]
[[Category:Multinational joint-venture companies]]
[[Category:Financial services companies based in Mumbai]]
[[Category:2001 establishments in Maharashtra]]
[[Category:Indian companies established in 2001]]
[[Category:Financial services companies established in 2001]]

Revision as of 09:28, 29 May 2024

Not to be confused with Tata AIA Life.

Tata AIG General Insurance Company Limited
Company typeJoint venture
IndustrieFinancial services
Gegründet2001; 23 years ago (2001)
HauptsitzMumbai, India
Key people
Neelesh Garg (MD & CEO)[1]
ProdukteHealth insurance
Travel insurance
Vehicle insurance
RevenueIncrease ₹11,042.55 crore (US$1.3 billion) (2024) [2]
Increase ₹915.36 crore (US$110 million) (2024) [2]
Increase ₹684.92 crore (US$82 million) (2024) [2]
Owner
Websitewww.tataaig.com Edit this at Wikidata

Tata AIG General Insurance Company Limited is an Indian general insurance company and a joint venture between the Tata Group and American International Group (AIG).[3] Tata Group holds a 51 percent stake in the insurance venture with AIG holding the balance of 49 percent.

Tata AIG General Insurance Company, which started its operations in India on 22 January 2001, provides insurance to individuals and corporates. It offers a range of general insurance products including insurance for automobile, home, personal accident, travel, energy, marine, property and casualty as well as specialized financial lines. The company's products are available through distribution channels like agents, brokers, banks (Through bank assurance tie ups), and direct channels like telemarketing, digital marketing, worksite etc.

History

Tata AIG General Insurance Company Limited (Tata AIG General) is a business collaboration of the Tata Group and American International Group, Inc. (AIG). This joint venture has started its operations in India from 22 January 2001. The company provides corporate and personal insurance services and automotive insurance as well.

The organization offers general insurance. The commercial sector covers Energy, Marine, Property and specialized Financial covers. The consumer insurance service offers a variety of general Insurance products such as insurance for Automobiles, personal accident, casualty, home, health and travel.

The company has made the availability for its services from end to end channels of distribution like agents, banks (through bancassurance tie ups), brokers and direct channels like tele-marketing, e-commerce, website, etc.

The headquarters is in Mumbai. The company is active in more than 160 locations.[citation needed]

Product and services

  • Tata AIG Car Insurance
  • Tata AIG Two Wheeler Insurance
  • Tata AIG Health Insurance
  • Tata AIG Travel insurance
  • Tata AIG Home Insurance
  • Tata AIG Property Insurance
  • Tata AIG Marine Insurance
  • Tata AIG Liability Insurance

References

  1. ^ "Neelesh Garg appointed MD & CEO of Tata AIG General Insurance". The Economic Times.
  2. ^ a b c "Tata AIG Q4FY24 results" (PDF).
  3. ^ "Tata AIG Gen Insurance wins best claims service company of 2012". Business Standard. 12 June 2012. Retrieved 6 July 2012.
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