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Knowledge Base Health Insurance Royal Sundaram Alliance Insurance Company Profile
Wednesday, 02 February 2011 14:39

Royal Sundaram Alliance Insurance Company Profile

Written by  Yashish Dahiya
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Royal Sundaram Alliance Insurance Company Ltd


Established in 2001, Royal Sundaram is the first non life insurer to be licensed after privatization. Royal Sundaram Alliance Insurance is joint venture between Sundaram Finance- a Non Banking Financial Company and Royal Sun Alliance (RSA) - one of the largest insurance companies in UK.

Royal Sundaram Product Portfolio:
Car Insurance: Motor Insurance provides financial cover for damage or loss of vehicles as well as third party liability. Royal Sundaram car insurance is called Car Shield and can be bought online.

Health Insurance: This policy covers medical expenses in case policyholder is hospitalized due to illness. Health Shield and Family Health are health insurance plans of Royal Sundaram.

Travel Insurance: This policy provides cover against contingencies during your travels abroad. Royal Sundaram Travel Shield is travel plan which provides cover for baggage delay, loss of baggage, flight delays, medical expenses and loss of travel documents.

Home Insurance: This provides cover for damage to home or loss of contents due to any calamities- natural or manmade. Home Content and Home Shield are home insurance plans of Royal Sundaram.

Accident Insurance: Accident Shield Online provides lump sum amount on death or disability of the policyholder in case of accident. Additionally there is children’s education grant inbuilt in the plan.

Distribution Network:
Royal Sundaram Alliance distributes products through partners, agents and brokers. Presently there are more than 150 centers for business transactions. All products of Royal Sundaram are available online.

Financial Information:
The total premium earned for the half year ended September 30, 2010 was Rs 4,094 million. The profit before tax for the same period is Rs 167 million. A total of 169,516 claims were made during the period out of which 122,108 claims were settled and 1608 claims were rejected.

Management:
Ajay Bimbhet is the MD of Royal Sundaram.
M S Sreedhar is the CIO of Royal Sundaram.
Tania Chakrabarthy is the Appointed Actuary of Royal Sundaram..

Reach Royal Sundaram.Allied Insurance:
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Help Line: 91-44-28517387 / 91-44-42227373

Source:
http://www.royalsundaram.in

 

2 comments
  • Comment Link jagadeesh Thursday, 20 October 2011 17:22 posted by jagadeesh

    what are the diseases covered under this policy ,mention the name of the disease major,minor in details

  • Comment Link Administrator Friday, 21 October 2011 10:45 posted by Administrator

    Hi Jagadeesh
    There are two health plans from Royal Sundaram. If you can mention the plan name, more details could be provided.

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