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Future Generali reaches out to Northern region through new Zonal office in Delhi

Future Generali reaches out to Northern region through new Zonal office in Delhi

Delhi, Dec 11, 2008: Future Generali, the Insurance joint venture between Future Group of India and Generali Group of Italy opened its Zonal office in Delhi today to cater to the Northern India region.

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.

The Mallassurance™ channel is 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 9000 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 Northern India Zonal office in Delhi which covers a large market. Our key business differentiators are Total Insurance Solutions, and our innovative Mallassurance™ model, whose response has been very encouraging and we have been able to garner good business from this channel and also serve the customer’s needs.”

”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, by establishing this Zonal office we aim to provide convenience of reach to customers in this region. With the changing economic scenario we see a renewed interest in individual consumers and enterprises that recognize the need of Insurance for financial security. We would provide them more options for buying the Total Insurance solutions through our branch offices.” said Mr. Deepak Sood, CEO – Future Generali India Insurance Co. Ltd.

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