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Sep 17, 2009

United India Insurance opens service hub ..


United India Insurance Company will open a service hub here by the end of this month, G. Srinivasan, Chairman and Managing Director of the company, told presspersons here on Wednesday.The hub would be a one-stop shop to the customers. The company also proposed to open about 100 micro offices across the country.

It currently had nearly 300 micro offices, including 50 in Tamil Nadu.It would introduce two new health products by the end of this year and health and motor vehicle insurance were two areas of focus.It launched My TVS tie-up earlier this year and this would be extended across the State soon.

The company was providing insurance cover to the economically backward sections. In Tamil Nadu, it provided cover for the Vazhundhu Kaatuvom scheme.

The company registered a net profit of Rs. 476.05 crore in 2008-2009.

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