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Future Generali bolsters presence in Haryana

Future Generali bolsters presence in Haryana

Launches office in Rohtak to garner more business from the region

Jan 09, 2008: Future Generali, the Insurance joint venture between Future Group of India and Generali Group of Italy inaugurated its branch office at Rohtak, Haryana today as part of its rapid expansion plans.

In the vast gamut of Insurance options available in the market today Future Generali Insurance has adopted a unique business model offering Total Insurance Solutions, across Life & General Insurance, where all the insurance needs of customers can be serviced through every touch point of the company.

Another differentiator of the company is their Mallassurance™ channel - a unique & innovative delivery channel selling Insurance offerings across the Life and General Insurance categories through all Future Group retail outlets across the country.

Future Generali is currently active through 97 Branches across 80 cities and over 14700 licensed advisors. The plan is to increase it to 40,000 advisors by March 09, spread across 100 branches in more than 80 cities. Besides this large network of agents & branches, Future Generali will also actively offer their Insurance solutions across 280 Malls and 700 Alliance partners by March 09.

Speaking on the occasion of the launch, Mr. Jayant Khosla, CEO – Future Generali India Life Insurance Co. Ltd. said “We are looking at dynamic expansion plans this year and as part of this we are opening our branch in Rohtak, Haryana. With our key business differentiators of Total Insurance Solutions, and our innovative Mallassurance™ model, we have garnered very encouraging response from customers despite the current economic challenges. We are optimistic that the Mallassurance channel will gain in acceptance because of its inherent advantage of convenience of access & transaction. There is an increase in Insurance awareness in Northern India where in even small towns we see an increase in per capita income and savings potential. With the challenging economic scenario unfolding, we see a renewed interest from individual consumers and enterprises that recognize the need for Insurance. With our distinctive business model of Total Insurance Solutions – we are in a unique position to provide customers with every possible form of Life & General Insurance solution they may require, through every one of our touch-points – be it a branch, agent, distributor or Mallassurance outlet.” he added.