Posts Tagged ‘Motor Insurance’

Surge in Vehicles Sales Pushes Profit of General Insurance Industry, Up :)

general insurance

The general insurance industry reported growth of 14 per cent in July, mainly due to sales of motor insurance policies.

🙂

In July, passenger vehicle sales reported growth of 29.1 per cent and commercial vehicle sales grew at 9.6 per cent.

Consequently, sales of motor insurance policies also increased.

🙂

In the reporting month, gross written premiums (GWPs) of the public sector insurers stood at Rs 1,680 crore, which is higher by 13.5 per cent.

Private sector players’ GWPs grew 14 per cent at Rs 1,176 crore.

🙂

Meanwhile, state-owned players such as United India Insurance, New India Assurance and Oriental Insurance posted double-digit growths.

🙂

National Insurance was the only public player to have a single-digit growth.

🙂

Even as the public sector players posted a good growth,the two big private players — ICICI Lombard General Insurance and Bajaj Allianz General Insurance — registered negative growth.

😦

However, market is picking up.

Though there is some slowdown in the travel insurance segment, but motor insurance is picking up.

🙂

Better Advice Will Insure Better Future :)

Better Advice Will Insure Better Future

Welcome To SMC Advisory House.  SMC is a powerful resource of yours to evaluate,quantify, and transfer risk to the insurance company.

SMC provides insurance broking services for both life and general insurance.

SMC believes that ‘a transaction is for a moment, but a relationship is forever’. Hence it gives all transactions equal importance and strives to offer its esteemed clientele an unmatched service.

SMC is licensed as a Direct Insurance Broker with Insurance Regulatory and Development Authority (IRDA) for providing a wide array of insurance services under professional guidance by experienced and experts of the field.

SMC is authorized to offer all types of insurance products, insurance consultancy besides risk assessment and policy servicing for all life and general insurance companies in India.

* Insurance solutions for both life and general Insurance

* Honesty, Transparency , Fairness and Customer care upheld in every transaction

* Product customization to meet client’s requirements

* Ability to quote quickly and efficiently

* Personalized solution and attention offered to each client

* Insurance product products of all the insurance provides under one umbrella

* Ability to settle Claims Quickly

SMC understands the needs of its clients and meet their requirements on a pre-agreed basis within well defined time frames and quality assurance.

SMC Global Offers :

Insurance Product (LIFE)

Individual Products

* Terms Insurance

* Key Man Insurance

* Unit Linked Investment Plans(ULIP)

* Endowment Plans

* Pension Plans

* Child Plans

Group Products

* Terms Insurance

* Gratuity Plans

* Super Annuation plans

* EDLI (Employees Deposit Linked Insurance)

* Leave Encashment Policies

Insurance Product (GENERAL)

* Motor Insurance

* Mediclaim (individual, group, overseas)

* Personal Cover

* Safeguard against fire hazard (office/shop/factory/godown/ house)

* Household Insurance (furniture, jewellery, electronics etc.)

* Protection against burglary & house breaking

* Office Umbrella

* Marine Insurance ( inland & overseas)

* Professional Indemnity

* Baggage Insurance

* Aviation hulk & loss of license

SMC Global & Insurance Broking !

SMC

SMC

Insurance Broking :

SMC provides insurance broking services for both life and general insurance.

SMC believes that ‘a transaction is for a moment, but a relationship is forever’.Hence it gives all transactions equal importance and strives to offer its esteemed clientele an unmatched service.

SMC is licensed as a Direct Insurance Broker with Insurance Regulatory and Development Authority (IRDA) for providing a wide array of insurance services under professional guidance by experienced and experts of the field.

SMC is authorized to offer all types of insurance products, insurance consultancy besides risk assessment and policy servicing for all life and general insurance companies in India.

* Insurance solutions for both life and general Insurance

* Honesty, Transparency , Fairness and Customer care upheld in every transaction

* Product customization to meet client’s requirements

* Ability to quote quickly and efficiently

* Personalized solution and attention offered to each client

* Insurance product products of all the insurance provides under one umbrella

* Ability to settle Claims Quickly

SMC understands the needs of its clients and meet their requirements on a pre-agreed basis within well defined time frames and quality assurance. SMC Global Offers :

Insurance Product (LIFE)

Individual Products

* Terms Insurance

* Key Man Insurance

* Unit Linked Investment Plans(ULIP)

* Endowment Plans

* Pension Plans

* Child Plans

Group Products

* Terms Insurance

* Gratuity Plans

* Super Annuation plans

* EDLI (Employees Deposit Linked Insurance)

* Leave Encashment Policies

Insurance Product (GENERAL)

* Motor Insurance

* Mediclaim (individual, group, overseas)

* Personal Cover

* Safeguard against fire hazard (office/shop/factory/godown/ house)

* Household Insurance (furniture, jewellery, electronics etc.)

* Protection against burglary & house breaking

* Office Umbrella

* Marine Insurance ( inland & overseas)

* Professional Indemnity

* Baggage Insurance

* Aviation hulk & loss of license