Kotak Mahindra General Insurance

Kotak Mahindra General Insurance Company Ltd. is a general insurance company headquartered in Mumbai. It offers non-life insurance products like motor, health, home and others.[3]

Kotak Mahindra General Insurance
TypeSubsidiary
IndustryFinancial service
Founded2015
HeadquartersMumbai, Maharashtra, India
Key people
Suresh Agarwal (MD & CEO)[1]
ProductsGeneral insurance
Vehicle insurance
Health insurance
Home insurance
Number of employees
793 (as on September 2020)[2]
ParentKotak Mahindra Bank
Websitewww.kotakgeneral.com

History

Kotak General Insurance received the license to conduct general insurance business in India from the Insurance Regulatory Development Authority of India (IRDAI) in April 2015.[4]

Key persons

  • Suresh Agarwal- Managing Director and Chief Executive Officer (MD & CEO)

Products and services

Kotak General Insurance provides various general insurance policies in India which are listed below-

  • Kotak Car Insurance
  • Kotak Two-Wheeler Insurance
  • Kotak Health Insurance
  • Kotak Home Insurance
  • Kotak Fire Insurance
  • Kotak Marine Insurance
  • Kotak Liability Insurance
  • Kotak Miscellaneous Insurance

Expansion since incorporation

In April 2015, Kotak General Insurance received the license to start the business and since then it has a national footprint of 19 branches spread across India as on September 2020[5]

Awards and recognition[6]

  • Marketer company of the year – India Insurance Summit & Awards 2020
  • ANA ECHO International Awards 2020, USA – Bronze, Consumer Services
  • Brand Equity Shark Awards 2019 – Silver, best consumer insights campaign
  • India Digital Media Awards 2019 – Silver, Special award for gender parity
  • DMAi ASIA ECHO AWARDS 2019
    • 2 Silvers – Best consumer engagement & Best in financial service
    • 3 Bronze – Best use of social media, innovative use of technology & best in consumer services

References

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