Hdfc life insurance

Regulation

IRDA is the regulator forthe insurance industry in India.

The insurance sector in India has come a full circle from being an open competitive market to nationalization and back to a liberalized industry once more.
Tracing the developments in the Indian insurance sector unveils the 360 degree flip witnessed more than a period of time of essentially two centuries.Insurance sector reforms

In 1993 Malhotra Committee headed by former Finance Secretary and RBI Governor R.
N. Malhotra was shaped to evaluate the Indian insurance trade and advocate its
future route.A short background for the Insurance sector
The enterprise of daily life insurance in India in its present form commenced in India inside the yr 1818 using the establishment belonging to the Oriental Lifestyle Insurance Enterprise in Calcutta.
A few of the vital milestones during the life insurance online business in India are- 1912- The Indian Daily life Assurance Organizations Act enacted since the initial statute to regulate the everyday life insurance internet business. Hdfc life insurance 1928- The Indian Insurance Organisations Act enacted to empower the authorities to collect statistical information about equally lifetime and non-life insurance organizations. 1938- Previously legislation consolidated and amended to from the Insurance Act when using the objective of guarding the interests within the insuring public. 1956- 245 Indian and foreign insurers and provident societies taken around with the central authorities and nationalized. LIC shaped by an Act of Parliament viz. LIC Act 1956 using a funds contribution of Rs. 5 crore from the Govt of India. Establishment of Insurance Regulatory and Development Authority 1996 Passing of IRDA Bill 1999 Licensing of initial batch of non-public insurers 2000
Standard insurance home business

Most of the crucial milestones from the standard insurance organization in India are- The Standard insurance company in India can trace its roots for the Triton Insurance Agency Ltd. the primary standard insurance enterprise established with the year 1850 in Calcutta because of the British. 1907- The Indian Mercantile Insurance Ltd. put in place the primary corporation to transact all classes of general insurance organization. 1957- Basic Insurance Council a wing of the Insurance Association of India frames a code of conduct for guaranteeing honest perform and audio business practices. 1968- The Insurance Act amended to regulate investments and set minimum solvency margins plus the Tariff Advisory Committee create. 1972- The Standard Insurance Business Nationalization Act 1972 nationalized the normal insurance company in India with impact from 1st January 1973. 107 insurers amalgamated and grouped into four companies viz. the Nationwide Insurance Corporation Ltd. the newest India Assurance Company Ltd. the Oriental Insurance Organization Ltd. and therefore the United India Insurance Agency Ltd. GIC included as being a organization.
Lifetime Insurers
Info inserted on 23.twelve.2008

S.No
Title For the Service
Name OF PRINCIPAL OFFICER
Name OF APPOINTED ACTUARY

Telephone NO.FAX No.E-MAIL WEB ADDRESS

1.
Bajaj Allianz Everyday life Insurance Organization Limited .GE Plaza Airport Road YerawadaPune 411 006

Mr.Kamesh Goyal
Mr. Anil Kumar Singh
Tel – 020-4026666 Fax – 020-4026789.

2.
Birla Sun Daily life Insurance Co. Ltd 6th Floor Vaman Centre Makhwana Roadoff Andheri-Kurla Road AndheriE MUMBAI-400 059.
Mr. Vikram J. Mahmi
Mr. Fabien Jeudy
Tel – 022 5678 3333Fax- 022 5678 3232

3.
HDFC Standard Life Insurance Co. Ltd 2nd Floor Trade StarKondivita JunctionAndheri Kurla RoadAndheri EastMumbai 400059.
Mr.D.M. Satwalekar
Mr. William John Martin
Tel – 022-67516666Fax- 022-2822 8844
4.
ICICI Prudential Everyday living Insurance Co. Ltd ICICIPrulifeTowers 1089 Appasaheb Marathe Marg Prabhadevi Mumbai 400 025.

Ms. Shikha Sharma

Mr. Avijit Chatterjee
Tel -022-56621996Fax- 022-56622031

5.
ING Vysya Life Insurance Firm Ltd.ING Vysya Home 5th Floor 22 Mahatma gandhi RoadBangalore-560 001.
Mr.Kshitij Jain
Ms. Hemamalini Ramakrishnan
Tel – 080-25328000Fax- 080-25559764

6.
Existence Insurance Corporation of India Yogakshema Jeeva Bima Marg Post Box No. 19953 MUMBAI 400 021
Shri T S. Vijayan
Mr. T Bhargava
Tel 5659870156598702Fax- 22824386E-Mail

7.
Max New York Daily life Insurance Co. Ltd 11th Floor DLF Square Jacaranda Marg DLFCity Phase-II GURGAON 122 002.
Shri Rajesh Sud
Mr.John Charles Poole
Tel – 0124-2561717Fax- 0124-2561764
8.
Met Daily life India Insurance Firm Ltd.Brigade Seshamahal No. 5 Vani Vilas Road BasavanagudiBANGALORE-560 004.

Mr. Rajesh Relan
Mr. M S V S Phanesh
Tel – 080-26438638Fax- 080-26521970Toll Free No. 1-600-44-6969

9.
Kotak Mahindra Old Mutual Lifetime Insurance Limited
9th Floor Godrej ColiseumBehind Everard NagarSion EastMUMBAI-400 022..

Mr. Gaurang Shah
Mr. Andrew Willis Cartwright
Tel – 022-6621 5999Fax-022-6621 5757 6621 5858
10.
SBI Lifestyle Insurance Co. Ltd TurnerMorrisonBuilding 2nd Floor 16 Bank Street Fort Mumbai-400 023.

Mr.Uday Sankar Roy
Mr. Sanjeev Kumar Pujari
Tel – 022-56392000Fax- 022-56621471
11.
Tata AIG Existence Insurance Organization Limited 5th 7 6th Floor Peninsula Tower Peninsula Corporate ParkGanpatrao Kadam Marg Lower Parel MUMBAI 400 013.

Mr.Trevor Bull
Mr. Heerak Basu
Tel -022-66516000 Fax – 022-66550711

twelve
Reliance Lifestyle Insurance Company Limited.1st Floor Mdas SaharPlazaAndheri Kurla RoadAndheri East Mumbai 400059.
Mr. P Nandagopal
Ms. Pournima Gupte
Tel – 022-3047960030479784Fax- 022-30479650

13
Aviva Everyday life Insurance Corporation India LimitedAvivaTower Sector Road Opposit Golf Course DLF-Phase V Sector-43Gurgaon – 122 003

Mr. T. R. Ramachandran
Mr. Chandan Khasnobis
Tel- 0124-270 900001Fax- 0124-270 9007.

14
Sahara India Lifetime Insurance Co Ltd. SaharaIndia Bhawan Kopoorthala ComplexLucknow 226024

Mr.N.C. Sharma
Mr. K K Dharni
Tel- 0522-2337777Fax- 0522-2378200

15
Shriram Existence Insurance Co Ltd. Regd. Office – 3-6-478 3rd Floor Anand Estate Liberty Road Himayat Nagar Hyderabad – 500029

Mr R Duruvasan
Mr N S Sastry
Tel- 040-23434466-72Fax- 040-23434488

16
Bharti AXA Lifestyle Insurance Firm Ltd. 6162 Kalpataru Synergy Vakola Opp. Grand Hyatt Hotel Santacruz E Mumbai – 400 055

Mr. Nitin Chopra
Mr. G L N Sarma
Tel- 022 – 403063006301Fax- 022 – 40306347

17
Future Generali India Lifestyle Insurance Firm Limited 001 Trade Plaza Ground Floor 414 Veer Sarvarkar Marg PrabhadeviMumbai 400 025.

Mr. Jayant Khosla
Mr. Gorakhnath Agarwal

Tel No.- 022-40976666
Fax No.- 022-40976600

18
IDBI Fortis Existence Insurance Corporation Ltd. Tradeview Oasis Complex Kamala City P.B. Marg Lower Panel WMumbai-400 013

Mr. G.V. Nageswara Rao
Mr. Michael J Wood
Tel No.- 022-2490810910
Fax No.- 022-24941016

19
Canara HSBC Oriental Bank of Commerce Lifetime Insurance Provider Ltd. Co. HSBC at Amsoft Systems Unitech Trade Centre Sector-43 Sushant Lok-1Opp. Park Plaza HotelGurgaon-122 001.

Mr. Harpal S. Karlcut
Mr. Paul Beresford
Tel- 0124- 44215706Fax- 0124- 4201109

20
AEGON Religare Lifetime Insurance Service Limited. GYS Heights 2nd Floor Paranjpe -B- Scheme Subhash Road Near Garware HouseVile Parle E Mumbai – 400 057

MR. Rajiv Jamkhedkar
Mr. K.S. Gopalakrishnan
Tele No.-022-67292929Fax No.- 022 67293333

21
DLF Pramerica Existence Insurance Co. Ltd.
6th Floor DLFGatewayTower R Block DLFCity Phase-III Gurgaon-122002.
Source-

Non-Life Insurers

Data inserted on 23.12.2008

S.NO
Identify In the Corporation
Name Within the PRINCIPAL OFFICER
Identify With the APPOINTED ACTUARY
Phone NO.FAX No.E-MAIL WEB ADDRESS
1.
Bajaj Allianz Common Insurance Co. Ltd.
GE Plaza Airport Road YerawadaPune411 006.

Mr.Swaraj Krishnan
Ms. Asha J. Joshi
Tel – 020-6602 6666Fax- 020-6602 6667
2.
ICICI Lombard Basic Insurance Co. Ltd.
Zenith HouseKeshavrao Khade MargMahalaxmiMUMBAI-400 034.

Mr. Sandeep Bakshi
Mr. Liyaquat Khan
Tel – 022-24906999Fax- 022-24927624
3.
IFFCO Tokio Normal Insurance Co. Ltd.
4 and 5th Floors IFFCOTower Plot No.3 Sector 29GURGAON-122001Haryana

Mr.S. Narayanan
Mr. K.K. Wadhwa
Tel – 0124-2850100Fax- 0124-2577923-2577924
4.
National Insurance Co.Ltd.
3 Middleton Street P.B. No. 9229KOLKATA 700 071.

Mr.V. Ramasaamy
Mr. BhudebChatterjee
Tel – 033-22831705 to 9Fax – 033-22831712
5.
The brand new India Assurance Co. Ltd.
New India Assurance Bldg. 87 M.G. Road Fort Mumbai 400 001.

Mr.B. Chakrabarthi
Mr.A.R.Prabhu
Tel- 022-22674617 – 22 Fax- 022-22652811 Email- cmd. Web-site- www.newindia.co.in
6.
The Oriental Insurance Co. Ltd.
A-2527 Asaf Ali RoadNew Delhi 110 002.

Mr. M. Ramadoss
Mr. Yash Paul Sabharwal
Tel -011-23279221-25Direct-23265024Fax- 2328719223287193 23283971
7.
Reliance Typical Insurance Co. Ltd.
570 Naigaum Cross Road Next to Royal Industrial Estate WadalaWest MUMBAI – 400 031
Mr. K. A. Somasekaran
Mr.Gopalakrishna Pai
Tel.No.022-30479602 Board no-022-30479600 Fax. No.022-330479650
8.
Royal Sundaram Alliance Insurance Co. Ltd SundaramTowers 45-46 Whites Road RoyapetahCHENNAI-600 014.

Mr. Ajay Singh Bimbhet
Mr.O.Lakshminarayana
Tel- 044-42227373Fax- 044-28517376Email-ajay.Web-site- ww.royalsundaram.com
9.
Tata AIG Basic Insurance Co. Ltd.Peninsula Corporate ParkNicholasPiramalTower 9th Floor Ganpatrao Kadam MargLower ParelMUMBAI 400 013.
Mr. Gaurav Garg
Mr.K.Hanumanth Rao
Tel – 022-66699696Fax- 022-56546464
Email- gaurav.Web-site- www.tata-aiggeneral.com

10.
United India Insurance Co. Ltd.
24 Whites RoadCHENNAI – 600 014.

Mr. G. Srinivasan
Mr.S.Krishnan
Tel – 044-28520161Fax – 044-28523825

11.
Cholamandalam MS Normal Insurance Co. Ltd.Dare House 2nd Floor New No.2 Old No. 234 N.S.C. Bose Road Chennai – 600 001

Mr. S. S. Gopalarathnam

Mr.K. P. Sharma
Tel – 044-42166000Fax – 044-42166001

12.
HDFC ERGO Normal Insurance Co. Ltd. 6th Floor Leela Online business Park Andheri Kurla RoadAndheri EastMumbai – 400 059.
Mr. Ritesh Kumar
Mr. Narayanan Laksmanan
Tel – 022-6638 3600 Fax – 022-6638 3699

13.
Export Credit Guarantee Corporation of India Ltd.10th Floor ExpressTowers Nariman PointMumbai – 400021
Sri A.V. Muralidharan

Tel-022-56590512-515Fax – 022-56590517022-56590530

14.
Agriculture Insurance Co. of India Ltd.13th Floor 14 K.G. Marg Connaught PlaceNew Delhi – 110001
Mr. M. Parshad
Mr. S. Chidambaram
Tel-011-41081991-4Fax – 011-41081995Email- Web-site- www.aicofindia.org

15.
Star Health and Allied Insurance Firm Limited
No.1 New Tank StreetVlluvarkottam High RoadNungambakkam Chennai – 600 034

Mr. V. Jagannathan
Mr. R. Soundararajan
Tel-044-28260053
Fax -044-28260062
16.
Apollo DKV Insurance Business LimitedMasterpiece BuildingGolf Course Road Sector-54Gurgaon 122002Haryana India

Dr. Axel Munaretto
Mr. Gautam Kakar
Tel No- 91-124-4584100

17.
Long term Generali India Insurance Service Limited001 Trade Plaza Ground Floor414 Veer Sarvarkar MargPrabhadevi Mumbai 400 025
Mr. Deepak Sood
Mr. Biresh Giri
Telephone No.- 91-22-4097-6666
Fax No.- 91-22-40976868

18
Universal Sompo Typical Insurance Co. Ltd.310-311 Trade CentreOpp. MTNL BuildingBandra Kurla ComplexBandraEMumbai-400 051.

Mr. O.N. Singh
Mr. Varadarajan Govindan
Tele. No.- 022-4028 7777Fax No.-022-4028 7781

19
Shriram Typical Insurance Company Limited
Greams Dugar5th Floor No.-149Greams RoadChennai-600 006
Mr. P A Balasubramanian

Tele. No.- 0141-3220896 898 900 902Fax No.-0141-2770426

20
Bharti AXA Common Insurance Service LimitedRMZ Infinity Tower B II Floor
Old Madras Road
Bangalore – 560016

Mr Milind Chalisgaonkar

Mr M Venkatesan

Phone no-080-40260100
Fax. No 080-40260101
www.bharti-axagi.co.in

Source-

Mr. Kapil Mehta CEO
Mr. Pradeep Kumar Thapliyal
Ph. No.-91-124-271700
Fax No.-91-124-2717200
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________________________________________________________________________________________ Hdfc life insurance Small businesses need commitment and vision. And since protection they need thorough insurance to protect themselves coming from disasters illnesses handicap and loss of house and goods involving many others.
Every private business owner needs a business owners insurance policy cover. This kind of coverage is designed to protect every kind of risk doable- property insurance liability insurance small business income machinery insurance man failure employee protection and management security and more.
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1. Browse the internet and get a business owners insurance guide. This will form the foundation of your effort to get small business insurance cover.
2. Try to do a comprehensive search for the many options available each online and offline. Or consult your insurance agent to produce a docket of options.

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