Message from Our Chairman
Dear Friends,
Welcome to Universal Sompo, a general insurance company synergizing in a unique partnership, the strengths of public and private sector.
Three of the Indian partners are leading banks with a combined asset base of approx Rs. 204138 crores (as on 30th September 2008) and over 4000 branches and distribution centres,The 4th , Dabur, one of largest FMCG company in India with over 1.5 million retail outlets.
Sompo Japan Insurance Inc. , headquartered in Tokyo, is a Fortune 500 Company with a global presence, over 15000 employees and 69028 agents and its total premium income for 2007-2008 was in excess of (equivalent to) Rs.67,000 crores, twice that of the Indian General Insurance industry.
I would like to introduce our Managing Director, Mr Koichi Hattori who has been deputed by Sompo Japan Insurance Inc. Mr Hattori has rich experience in general insurance industry and was previously heading Sompo's Thailand operations at Bangkok. He has specialized in engineering insurance and his considerable expertise and extensive global exposure to insurance would definitely be invaluable in our operations.
Our Company is a pioneer, of sorts too, in introducing all our most popular products on Genisys configurator, a sturdy web based platform. All our products, as approved by IRDA, would be added to the menu available so that our clientele can conveniently choose from the selection offered.
We have excellent health products, both standalone policies and co -branded exclusive products in conjunction with our bank partners, designed exclusively for their customers. Our TPAs i.e TTK Health Services & Paramount Health services and Family Health Plan are providing seamless services ensure that in the unfortunate event of hospitalization our esteemed customers make a fast recovery to good health , safe in knowledge that we would take care of their medical expenses.
We have many ideas to further enhance our services to ensure that our valued customers' choice of Universal Sompo as their own insurer becomes inevitable rather than a matter of choice. Thank you for visiting our site. We look forward to assisting you in your efforts to ensure protection and security for yourself, family and property at every step.
Cordially
O. N. Singh
Executive Chairman
Welcome to Universal Sompo, a general insurance company synergizing in a unique partnership, the strengths of public and private sector.
Who we are
Universal Sompo is a joint venture between Allahabad Bank, Indian Overseas Bank, Karnataka Bank Limited, Dabur Investments and Sompo Japan Insurance Inc., - Universal Sompo is a uniquely symbolic example of fruitful Public-Private sector partnerships.Three of the Indian partners are leading banks with a combined asset base of approx Rs. 204138 crores (as on 30th September 2008) and over 4000 branches and distribution centres,The 4th , Dabur, one of largest FMCG company in India with over 1.5 million retail outlets.
Sompo Japan Insurance Inc. , headquartered in Tokyo, is a Fortune 500 Company with a global presence, over 15000 employees and 69028 agents and its total premium income for 2007-2008 was in excess of (equivalent to) Rs.67,000 crores, twice that of the Indian General Insurance industry.
I would like to introduce our Managing Director, Mr Koichi Hattori who has been deputed by Sompo Japan Insurance Inc. Mr Hattori has rich experience in general insurance industry and was previously heading Sompo's Thailand operations at Bangkok. He has specialized in engineering insurance and his considerable expertise and extensive global exposure to insurance would definitely be invaluable in our operations.
Licensing
The Company received the license and certificate of registration from Insurance Regulatory and Development Authority in November 2007.USP
Bancassurance, a hugely successful distribution channel, is the USP of our Company; capitalizing on the tremendous reach of this channel Universal Sompo, is perhaps the first company to present a plethora of products, commercial and retail to suit every need and pocket.Our Company is a pioneer, of sorts too, in introducing all our most popular products on Genisys configurator, a sturdy web based platform. All our products, as approved by IRDA, would be added to the menu available so that our clientele can conveniently choose from the selection offered.
We have excellent health products, both standalone policies and co -branded exclusive products in conjunction with our bank partners, designed exclusively for their customers. Our TPAs i.e TTK Health Services & Paramount Health services and Family Health Plan are providing seamless services ensure that in the unfortunate event of hospitalization our esteemed customers make a fast recovery to good health , safe in knowledge that we would take care of their medical expenses.
We have many ideas to further enhance our services to ensure that our valued customers' choice of Universal Sompo as their own insurer becomes inevitable rather than a matter of choice. Thank you for visiting our site. We look forward to assisting you in your efforts to ensure protection and security for yourself, family and property at every step.
Cordially
O. N. Singh
Executive Chairman