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IFFCO Tokio General Insurance Company Limited

IFFCO-Tokio General Insurance Co. Ltd. is a joint venture between the Indian Farmers Fertilizer Co-operative (IFFCO) and Tokio Marine and Nichido Fire Group (the largest insurance company in Japan). IFFCO holds a 72.64% stake, its associate M/s Indian Potash Ltd. holds a 1.36% stake, and Tokio Marine Group holds 26% shareholding in the joint venture. IFFCO-Tokio General Insurance was founded in the year 2000. It aims to build customer satisfaction by offering customized insurance products coupled with fair and transparent business practices.

 

IFFCO-Tokio General Insurance has a wide network across India with 65 Strategic Business Units and 255 Bima Kendras. This General Insurance Company offers customized policies to customers. The company has achieved a mammoth Rs. 3398.7 crores in the year 2014-15 from a modest Rs. 213.32 crores in the year 2002-03. IFFCO Tokio has a completely-owned distribution channel to serve its customers. Its distribution channel IFFCO-TOKIO Insurance Services Ltd (ITIS) is awarded ‘an innovative distribution channel’ in the Capgemini World Insurance Report- 2009. ITIS has a workforce of 1500+ employees and has acquired the reach of over 350 towns. The latest Incurred Claims Ratio (ICR) of IFFCO Tokio General for FY 2018-19 is 88%.

List of Plans

Key People

  • Mr. Yogesh Lohiya Chief Executive Officer
  • Mr. H. O. Suri Chief Marketing Officer          
  • Mr. Khushwant Pahwa Appointed Actuary

News

  • Maharashtra Govt. Directs Crop Insurance Firms to Extend Deadline to Help Farmers

    Sunday, Jul 31, 2016 10:00 AM

    The State government Saturday directed crop insurance companies in the state to extend their deadlines to facilitate farmers to enroll themselves in the Prime Minister’s Crop Insurance Scheme.“The objective of the PM Crop Insurance Scheme is to inculcate confidence into the farmers reeling under drought. We have noted that with August 2 as the deadline, all farmers will not be able to avail of the insurance scheme,” said Chief Minister Devendra Fadnavis.

Contact Details

Registered Office Address

IFFCO Tokio General Insurance Company Limited
IFFCO Tokio General Insurance Company Limited
IFFCO Tower, Plot No. 3
Sector 29, Gurgaon -122001
Haryana (India)
0124-428-5499
   http://www.iffcotokio.co.in/
    websupport@iffcotokio.co.in
    1800-103-5499

Corporate Office Address

IFFCO Tokio General Insurance Company Limited
IFFCO Tokio General Insurance Company Limited
IFFCO Tower, Plot No. 3
Sector 29, Gurgaon -122001
Haryana (India)
0124-428-5499
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