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Non Life Insurance Ppt

Non Life Insurance Ppt

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Published by SANDEEP ARORA
IF you any help for than send me mail on sandeeparora007.com@gmail.com
regards
sandeep arora
hisar
IF you any help for than send me mail on sandeeparora007.com@gmail.com
regards
sandeep arora
hisar

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Published by: SANDEEP ARORA on Oct 06, 2009
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03/07/2013

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COMPARISON OF NON-LIFE INSURANCE PRODUCTS ACROSS COMPANIES

PRESENTED BYSandeep Arora

Non-Life Insurance companies
• • • • New India Assurance Co. Ltd. • ICICI Lombard General Insurance Co. Ltd. United India Insurance Co. Ltd. • Reliance General Insurance Co. Ltd. Oriental Insurance Co. Ltd. • IFFCO Tokyo General Insurance National Insurance Co. Ltd Co. Ltd. • Bajaj Allianz General Insurance Co. Limited • TATA AIG General Insurance Co. Limited • Cholamandalam General Insurance Co. Ltd. • HDFC General Insurance Co. Ltd. • Royal Sundaram Alliance Insurance Co. Ltd.

Public Sector

Private Sector

Introduction
• ICICI Lombard General Insurance Co. Ltd.
• • • 74:26 joint venture. Number 1 private General Insurance Co. First general insurance co. to be ISO 9001 certified

• New India Assurance Co. Ltd.
• • Leading global insurance group Only Indian insurance co. rated ‘A-’ excellent by international rating agency i.e. A.M. Best Co.

• Reliance General Insurance Co. Ltd.
• • Leading private general insurance co. Offering 94 customized insurance products catering to personal, business & small and medium enterprises

Customer Segments
• • • • • • Personal Business/Industrial Liability NRI Social/Rural SME

Customer segments ICICI Lombard

Mapping Categories Of Products With Customer Segments Across Cos.
Personal Business NRI Rural SME Industrial Liability

Social


New India Assurance

Reliance General Insurance

Mapping Categories Of Products With Customer Segments InBusiness Lombard ICICI NRI Customer Personal Rural
segments

Segment

Segment • Fire • Marine • Industrial policy • Corporate insurance • Liability • Credit • Shop

Segment • Health • Parent’s overseas travel • Student medical • Home • Car

Segment • Health • Home • Tractor • Weather • Shop

• Health • Home Categories of • Overseas travel plan Products • Student medical • Travel insurance partners

Customer segments

Mapping Categories Of Products With Customer Segments In New India Assurance
Personal Business Industrial Liability

Social

•Accident • Jewellers • Fire •House • Machine • Shop holders breakdown • Marine •Motor policy • Burglary Categories of • Aviation •Money • Electronic Products insurance equipment •Road Safety •TV/VCR/VC P •Mobile

•Public liability policy •Products •Directors & Officers •Employers‘

•Rural •Student safety •Women welfare •Child welfare

Mapping Categories Of Products With Customer Segments In Reliance General Insurance
Customer segments

Personal

Business
• Fire

SME

Categories of Products

• Health • Motor • Home • Travel • Accident cover • Claim status

• Engineering • Marine • Liability

• Property • Fire • Package • Marine • Health

Customer segments ICICI Lombard

Brands across the companies
Personal Business/ industrial/ liability
Motor Insurance: Car insurance Two wheeler insurance Home insurance Fire insurance: Fire and special perils policy (material damage) Consequential Loss (Fire) Insurance Policy Marine insurance: Marine Import Transit Insurance Policy Marine Export Transit Insurance Policy Marine Inland Transit Insurance Policy

Rural/ social
Rural insurance: Tractor insurance Weather insurance

New India Assurance

Motor Insurance: All type of vehicle plying on road Home insurance: Householders’ policy

Fire insurance: Fire policy (One policy covering destruction or damage to insured property) Marine insurance: Marine cum Erection / Storage cum Erection Policy Marine Cargo Policy

Rural insurance: •Lift Irrigation Insurance •Farmers Package Insurance Scheme

Reliance General Insurance

Motor Insurance: Two wheeler comprehensive Private car comprehensive Home Insurance: Reliance home protect House holders’ package

Fire insurance: Reliance Standard Fire and Special Perils Policy Reliance Consequential Loss Policy Marine insurance: Reliance Marine Cargo Insurance Policy

N .A

Sales And Distribution Channels
• Retail
 Direct  Indirect
 Brokers  Agents

• Bancassurance • Telesales • Online

Distribution channel of companies
Customer segments Personal
Retail Telesales Online Bank Retail Telesales Online Bank

Business
Retail Telesales Online bank Retail Telesales Online Bank

NRI
Retail Telesales Online Bank

Rural

SME

Industrial

Social

ICICI Lombard

Retail Bank Retail Telesales Online Bank Retail Telesales Online Bank

New India Assurance

Reliance General Insurance

Retail Telesales Online Bank

Retail Telesales Online Bank

Retail Telesales Online Bank

Documents required In ICICI general insurance
Customer segments

Personal Business

• •

NRI
• Student medical
•No document

Rural
• Health
•Age proof •Medical checkup after age of 45

Health
Age proof Medical checkup after age of 45

• Fire
•Address proof • Market value •Value of jewelry and furniture

Document for Products

• Home
•Market value •Copy of registry

Home
•Market value •Copy of registry •Value of accessories


• •

Home
Market value Copy of registry Value of accessories

• Marine
• Receipt •Bill of lading •builty

•Car

•Registration certificate • Market value •Registration certificate •Old insurance • Market value •Old insurance

•Tractor

Documents required In Reliance General Insurance Customer
segments

Personal

Business/ industrial/ liability
• Fire

SME

•Motor
Two/ four wheeler
RC Old insurance (if available)  photograph of vehicle  Proposal  Address proof  Last insurance policy

•Group insurance
No. of workers Proof of employment

Document s’ required

 Jewelery number

Health insurance
 Age proof Medical certificate Residence proof Photograph

• Marine
Builty Bill of lading Receipt

Home insurance
List of accessiors Copy of registry

Documents required In New India Assurance
Customer segments

Personal

Business/ industrial/ liability
• Fire
 Proposal  Address proof  Last insurance policy

Rural

•Motor
Two/ four wheeler
RC Old insurance (if available)  photograph of vehicle

•Kisan Policy
Residence proof inspection

Document s’ required

 Jewelery number

Health insurance
 Age proof Medical certificate Residence proof Photograph

• Marine
Builty Bill of lading Receipt

Home insurance
List of accessiors Copy of registry

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