Tata AIG and Mahindra Finance to distribute general insurance products
ECONOMY & POLICY

Tata AIG and Mahindra Finance to distribute general insurance products

Tata AIG General Insurance Company Limited announced a strategic partnership with Mahindra Finance to distribute its non-life insurance products through Mahindra Finance's expansive customer network. Tata AIG, a joint venture between Tata Group and American International Group (AIG), will offer a range of general insurance products, including motor, health, personal accident, and other non-life insurance solutions, to over 10 million customers of Mahindra Finance.

?This collaboration with Mahindra Finance is an important move towards making our insurance products more accessible,? said Neelesh Garg, Managing Director & CEO, Tata AIG General Insurance.

Tata AIG General Insurance Company Limited boasts an AUM of Rs 268.54 billion and a distribution network spanning 220 locations. Mahindra Finance, which focuses on the rural and semi-urban sectors, serves over 10 million customers through its 1,370 offices, reaching out to customers in 380,000 villages and 7,000 towns across the country.

?This partnership is a significant step in our commitment to facilitate agile and efficient products powered with personalized customer experience towards being a responsible financial solution partner to Emerging India,? said Raul Rebello, Managing Director & CEO, Mahindra Finance. (Source: ET)

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Tata AIG General Insurance Company Limited announced a strategic partnership with Mahindra Finance to distribute its non-life insurance products through Mahindra Finance's expansive customer network. Tata AIG, a joint venture between Tata Group and American International Group (AIG), will offer a range of general insurance products, including motor, health, personal accident, and other non-life insurance solutions, to over 10 million customers of Mahindra Finance. ?This collaboration with Mahindra Finance is an important move towards making our insurance products more accessible,? said Neelesh Garg, Managing Director & CEO, Tata AIG General Insurance. Tata AIG General Insurance Company Limited boasts an AUM of Rs 268.54 billion and a distribution network spanning 220 locations. Mahindra Finance, which focuses on the rural and semi-urban sectors, serves over 10 million customers through its 1,370 offices, reaching out to customers in 380,000 villages and 7,000 towns across the country. ?This partnership is a significant step in our commitment to facilitate agile and efficient products powered with personalized customer experience towards being a responsible financial solution partner to Emerging India,? said Raul Rebello, Managing Director & CEO, Mahindra Finance. (Source: ET)

Next Story
Real Estate

Gujarat Struggles to Curb Illegal Constructions in Ahmedabad

The Gujarat Regulation of Unauthorised Development Act, 2022, presents a contradiction. While it ostensibly seeks to curb unauthorised development, it simultaneously legalises such constructions upon payment of a fee. Despite being introduced initially in the early 2000s, then again in 2011, and most recently enacted in 2022, the legislation has failed to halt the rise of illegal constructions or unapproved extensions to residential and commercial properties. The Ahmedabad Municipal Corporation's (AMC) practice of demolishing certain structures while regularising others for a fee has weakened..

Next Story
Real Estate

DTCP Issues Notices for Building Code Violations in Gurugram's DLF

Following a recent survey that identified illegal construction and unauthorized commercial activities at 4,183 properties in DLF Phases 1 to 5, the Department of Town and Country Planning (DTCP) informed the Punjab and Haryana High Court about the issuance of notices to property owners. DTCP indicated that 1,138 notices had already been served to homeowners in DLF Phase 3, with additional notices to be issued soon. Property owners have until January 31 to revert to the approved building designs and cease all illegal commercial operations. Failure to comply would result in demolition and seali..

Next Story
Infrastructure Urban

Gujarat HC Removes GST on Industrial Leases to Encourage Investment

The recent ruling is set to streamline transactions and potentially encourage increased investments in India’s industrial and commercial leasing sectors. The judgment addressed whether transferring leasehold rights for Gujarat Industrial Development Corporation (GIDC) plots constitutes a ‘supply’ under the GST Act. The court determined that these transactions involve the transfer of immovable property rather than a service, thereby placing them outside the purview of GST. This decision offers significant relief to industries such as manufacturing, logistics, and warehousing, where long..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000