Bharti AXA GI is the first general insurance (GI) company in the country to reach Rs. 1,000 crore in Gross Written Premium (GWP) in only its 4t year of operation since its inception in August 2008.
This accomplishment has consolidated its position as the fastest growing company in the GI sector.
Bharti AXA GI has achieved this feat despite being a late entrant (20th player) into the GI market; the company holds a 4.25 per cent market share & is ranked 10th (as of September 2012) among the existing 20 private GI companies.
In 2008, when Bharti AXA GI started its journey in the already crowded market, it had to overcome manyl hurdles.
Improve Customer Satisfaction...!
But, Bharti AXA GI’s strong customer-centric focus & service-oriented approach have been instrumental in helping the company touch this magical figure.
The “Claim Service Guarantee” is a testimonial to the customer-centric approach of the company. It means that payments for claims are released within 7 days of receiving all documents, failing which the customer will be paid Rs. 1,000 per day delay as penalty. This enunciates the company’s commitment to improve customer satisfaction.
Some of the numbers and data will depict the journey so far
In 2008 (August) In 2012 (August)
0 customers 2 million customers
0 Policies 1973505 policies
0 branches 50 branches
· First GI Company in India to receive the dual certification of ISO 9001:2008 and ISO 27001:2005 in 2009
· First GI company to India to offer cover for about 20 illnesses
· First GI Company in India to get to clock Rs. 500 crores (CY 2010) in second year of operations
Bharti AXA General Insurance Company Limited
Metro Plaza II Floor, 162, Anna Salai
Chennai - 600 002
Ph :044 - 4294 3000
Web Site: http://www.bharti-axagi.co.in/
For More details..!
Mr. Jagan R - Senior Account Executive
Hanmer MSL partners clients to create strategic solutions
Old no:121/2, New no: 275, TTK Road, Alwarpet, Chennai- 600018
T: +91 44 4214 4891 , F: +91 44 4214 4890
M: +91 98409 66867 E: jagan.rajagopalan@hanmermsl.com
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