SBI General Insurance bullish on UP market

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Lucknow / Aug 10, 2019

SBI General Insurance is bullish on the Uttar Pradesh market after polling total premium kitty of Rs 295 crore in 2018-19.

For the company, motor insurance topped its portfolio with 36% share, followed by group personal accident 28%, fire 16% and health 12% in the last fiscal.

“UP is an industrial and innovation hub with thousands of artisans, small businesses and women entrepreneurs. We aim to provide a varied portfolio of services tailored for both the personal and business needs of our valued customers here,” SBI General Insurance MD & CEO said here recently.

SBI General Insurance commenced operations in 2010 and is a joint venture between State Bank of India (SBI) and Insurance Australia Group (IAG). The company offers a suite of products catering all segments and income brackets. It also has a unique product against cyber crimes.

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