Cholamandalam MS General Insurance Company Limited

Cholamandalam MS General Insurance Co. Ltd. came into existence with a joint venture between Murugappa Group (India’s leading business conglomerate) and the Mitsui Sumitomo Insurance Group (Japan’s leading insurance group). This general insurance company offers the customized range of non-life insurance products including Health, Motor, Property, Accident, Marine, Travel and Rural insurance for both individuals and businesses.

Cholamandalam MS attained a Gross Written Premium (GWP) of Rs. 1890.4 crores in 2014-15. Now, the company has a wide network across the country with 105 branches and 9000+ agents. The company follows T3 philosophy–Trust, Technology, and Transparency. Cholamandalam MS has bagged the award for ‘Health Insurer Claims Team for the year 2013’. Amongst various other awards, it has bagged ‘Innovation Leader Award 2012’. Incorporated in 2001 and headquartered in Chennai, Cholamandalam MS General Insurance Co. Ltd. is the first private insurance company to acquire ISO 9001:2008 certification (Motor Claims division). The latest Incurred Claims Ratio (ICR) of Cholamandalam MS General for FY 2018-19 is 77%.