Knowledge Base Health Insurance Chola MS General Insurance Company Profile
Tuesday, 01 February 2011 10:26

Chola MS General Insurance Company Profile

Written by  Yashish Dahiya
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Chola MS General Insurance Co Ltd

Established in 2001, Chola MS General is a non life insurance company with headquarters in Chennai, India. Chola MS is a 74:26 joint venture between the Murugappa Group- South India’s business conglomerate and Japan’s largest general insurer- Mitsui Sumitomo Insurance Company Limited. Chola MS is also credited with being the first private insurer to get ISO 9001:2008 for the Motor Claims division.

Chola MS General Product Portfolio:

Motor Insurance: Auto insurance is absolutely essential and legally mandatory in India. Motor Insurance provides cover for liability against third party injury or property damage as well as loss or theft of vehicle. Chola Protect is the motor insurance plan by Chola MS General and can be bought online.

Health Insurance: This covers medical expenses which arise on hospitalization due to illness or accident. Chola MS General has health plan for both individual and family.

Travel Insurance: This is a comprehensive cover whenever you are travelling outside India and includes medical expenses, loss or delay of baggage, passport loss, personal accident, personal liability and much more. Chola MS General travel insurance products are student travel, short term travel and corporate travel. Travel insurance can be bought online.

Home Insurance: This provides cover for damage to home or loss of contents due to any calamities- natural or manmade.

Personal Accident Cover: This provides cover in case policyholder is involved in injurious accident and suffers from disability or death. Chola Accident Protection Plan is the accidental insurance from Chola MS General.

Distribution Network:

Chola MS has nice coverage throughout India with as many as 108 branches. Chola MS also has bank tie up with Tamil Nadu State Cooperative bank to reach rural areas of the state.

Financial Information:

The total premium earned for the half year ended September 30, 2010 was Rs 2,491 million. The profit before tax for the same period is Rs 96 million. A total of 85,206 claims were made during the period out of which 36,045 claims were settled and 4,794 were rejected.

Awards and Achievements:

Chola MS Risk Services has won the prestigious “Risk Manager of the Year 2007” at the 11th Asian Insurance Industry Awards.


S S Gopalarathnam is the MD of Chola MS.


V Suryanarayanan is the Senior Vice President (Finance) of Chola MS.

Reach Chola MS General:

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it


Telephone: 1800 200 5544





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