HDFC ERGO General Insurance Company Limited

HDFC ERGO General Insurance Co. Ltd. is one of the top-known Insurance companies came into existence in the year 2002 with a 51:49 joint venture between HDFC Limited and ERGO International AG. HDFC Ltd. is the India’s leading housing finance institution and the ERGO International AG is a Germany-based insurance firm. HDFC ERGO, the 3rd largest Private General Insurer with a 6.2% market share, which offers a customized range of non-life insurance products including home, personal accident, motor, travel, and health and customized products like property, marine and liability insurance for individuals and corporates. HDFC ltd has a shareholding of 51% and ERGO carries the shareholding of 49%.

It aims to accommodate the need of the customers with outstanding customer support service that facilitates customers with a hassle-free experience ranging from purchasing an insurance product to receiving claims. HDFC ERGO has a presence in 170+ cities with 200+ branch offices across the country. The company has over 7,000 professionally qualified and talented staff members. HDFC ERGO General Insurance Co. Ltd awarded with ICAI Awards 2015-16, SKOCH Order-of-Merit, Best Customer Experience Award of the Year, ICAI Awards 2014-15, Best Insurance Company in Private Sector - General 2014 by the World HRD Congress at ABP NEWS , Best General Insurance Company in India 2014 by IAIR and Gold Shield ICAI Awards 2012-13. HDFC ERGO General Insurance Co. Ltd is accredited with ‘iAAA’ by the ICRA Credit Rating Agency. The company has been certified with ISO certification for its customer service, claim services, and policy issuance. An ISO certification has been awarded for standardization of Information Security processes throughout its branches. The latest Incurred Claims Ratio (ICR) of HDFC ERGO for FY 2018-19 is 76%.