IFFCO-Tokio General Insurance Co. Ltd. is a joint venture between the Indian Farmers Fertilizer Co-operative (IFFCO) and Tokio Marine and Nichido Fire Group (the largest insurance company in Japan). IFFCO holds a 72.64% stake, its associate M/s Indian Potash Ltd. holds a 1.36% stake, and Tokio Marine Group holds 26% shareholding in the joint venture. IFFCO-Tokio General Insurance was founded in the year 2000. It aims to build customer satisfaction by offering customized insurance products coupled with fair and transparent business practices.
IFFCO-Tokio General Insurance has a wide network across India with 65 Strategic Business Units and 255 Bima Kendras. This General Insurance Company offers customized policies to customers. The company has achieved a mammoth Rs. 3398.7 crores in the year 2014-15 from a modest Rs. 213.32 crores in the year 2002-03. IFFCO Tokio has a completely-owned distribution channel to serve its customers. Its distribution channel IFFCO-TOKIO Insurance Services Ltd (ITIS) is awarded ‘an innovative distribution channel’ in the Capgemini World Insurance Report- 2009. ITIS has a workforce of 1500+ employees and has acquired the reach of over 350 towns. The latest Incurred Claims Ratio (ICR) of IFFCO Tokio General for FY 2018-19 is 88%.
IFFCO Tokio Swasthya Kavach Policy (SKP)
IFFCO Tokio Family Health Protector Policy (FHP)
IFFCO Tokio Individual Medishield & Mediclaim Policy (IMI)
IFFCO Tokio Health Protector Policy (IPP)
IFFCO Tokio Health Protector Plus Policy
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Mr. Yogesh Lohiya
Chief Executive Officer
Mr. H. O. Suri
Chief Marketing Officer
Mr. Khushwant Pahwa
Appointed Actuary
Thursday, Sep 21, 2017 10:00 AM
India’s leading General Insurance Company, IFFCO Tokio General Insurance has launched a new Quick Claim Settlement (QCS) scheme for Motor OD Claims.
Saturday, Jul 08, 2017 10:00 AM
Tokio Marine, a leading Japanese insurer, has raised its stake in its Indian joint venture unit IFFCO Tokio General Insurance to 49%, the maximum foreign stake allowed under Indian law.
Sunday, Jul 31, 2016 10:00 AM
The State government Saturday directed crop insurance companies in the state to extend their deadlines to facilitate farmers to enroll themselves in the Prime Minister’s Crop Insurance Scheme.“The objective of the PM Crop Insurance Scheme is to inculcate confidence into the farmers reeling under drought. We have noted that with August 2 as the deadline, all farmers will not be able to avail of the insurance scheme,” said Chief Minister Devendra Fadnavis.
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