About Royal Sundaram General Insurance

Royal Sundaram General Insurance Company Limited is a subsidiary of the conglomerate Sundaram Finance. It was licensed in the year 2000 by IRDA (Insurance Regulatory and Development Authority of India). It was the first General Insurance Establishment in the private sector to receive a license from IRDA. It has its headquarters in Chennai.

Formerly, it was known as the Royal Sundaram Alliance Insurance Company Limited. It started as a combined undertaking between Sundaram Finance, which is one of the most prominent names in India’s NBFC (Non Banking Financial Company) paradigm and Royal & SunAlliance Insurance Plc, U.K, which is among the first General Insurers in the United Kingdom.

In the year 2015, in July, Sundaram Finance acquired the equity holding of their European partners thereby taking their investment in the company to 75.90%. The shareholders in India own the remaining 24.10%.

Royal Sundaram provides several ingenious insurance products to customers through direct channels and also through the means of intermediaries and affiliate partners. It serves in the fields of Health Insurance, Motor Insurance, Travel Insurance and Home Insurance, to name a few. It also has a range of customized products for specific domains as firefighting and marine operations. It serves individual customers as well as corporations and legal entities.