IFFCO-Tokio General Insurance Company
IFFCO-Tokio General Insurance Company was formed in December, 2000 with an objective to become a major player in the industry by gaining customers’ trust through transparency, fairness, and hassle-free services. The company is a joint undertaking between IFFCO (Indian Farmers Fertilizer Co-operative) and Tokio Marine and Nichido Fire Group, a leading Japanese insurance provider. While IFFCO holds 51% shares in the venture, Tokio Marine and Nichido Fire Group holds the remaining 49%.
The insurer is dedicated to become a company and a brand name of great reputation by efficiently achieving its precisely defined goals as to delivery and performance. IFFCO Tokio’s vision is become a reliable provider of tailored insurance solutions to citizens, cooperatives, international investors, and corporates in India. The insurer believes that in order to provide value to the customers and develop trust, it is a must to have healthy competition. Thus, it is constantly taking initiatives focused towards the organizational growth and development of innovative non-life insurance products. Also, the insurer aims to set standards in terms of best-in-class services and ideal practices to enrich the customer’s experience.
The frequent rewards and felicitations received by IFFCO Tokio GI Company, ever since its inception, testify its superiority in delivering of innovative and customer-centric products. Its customer-friendly approach and initiatives to maintain customer satisfaction have always been worth the praise. A few of such awards and appreciations have been listed below to portray the faith that the stakeholders of IFFCO Tokio have shown in the insurer:
Year |
At |
Received |
For |
2014 |
Ministry of Labor, Government of India |
National Award |
successful implementation of Rashtriya Swasthya Bima Yojna |
|
2013 |
CIO 100 Awards |
Super Achiever Award |
its extraordinary achievements in various aspects of multiple business domains |
IPE BFSI Awards |
Best Employer Brand Award |
providing excellent work environment and developing employee-friendly policies. |
Asia Insurance Technology Awards (AITA) |
E-Commerce Award |
introducing leading e-commerce offering that demonstrate innovative use of distribution network |
|
2012 |
CIO 100 Awards |
Operational and Strategic Excellence Award |
Innovative use of technology for delivering highest business value |
Silver Edge Awards |
Silver Edge Award |
“Automated Motor U/W” |
C-Change Awards |
Enterprise Gold Award |
implementation of Motor CRM escalation process |
CISCO Awards |
Top 100 Award |
demonstrating achievements and excellence in Information Technology Security |
|
2010 |
Technology Senate |
Express Uptime Champion Award |
using Information Technology to get the competitive advantage |
Institute of chartered Accountants of India |
ICAI Award |
Excellence in financial reporting for the year |
|
Standing amongst the list of leaders in the non-life insurance sector of India, IFFCO Tokio, by the means of its efficiency and hard work, has always done justice to its position and the trust of its customers. The company has proved itself to be reliable and marketable by ensuring the best in every aspect. Let’s have a look at those aspects:
- With the help of over 15 years of flawless services in India, the insurer has earned millions of loyal customers.
- To ensure suitability and reachability for its customers, the insurer has around 122 centers and 65 strategic business units across India.
- The insurer has a toll free number to help customers locate the nearest network garage and network hospital for cashless facilities.
- To assist the customers 24x7 in case of an emergency while he/she is abroad, IFFCO-Tokio has collaborated with PHM Global to provide latest update regarding hospitals
- The company has more than 2700 cashless garages and 4300+ cashless hospitals spread across various cities in India.
- The general insurer has effective channels in place to ensure hassle-free issuance as well as renewal of policies through online or in-center mode. Also, the organization has a commendable track record in terms of quick claim settlement and satisfactory claim assistance.
- IFFCO Tokio has ever since been acknowledged for offering matchless combination of utmost protection and affordable costs so as to satiate the insurance needs of consumers with varied needs and budget.
IFFCO Tokio is one of the the prime brokers of commercial, social, rural persona insurance solutions. The company has a wide range of plans to offer to its customers. Given below are the products offered by them under varied categories:
Features |
Individual |
Family |
Value-added |
Health Insurance Plans |
- Individual Health Protector Policy
- Individual Medishield Policy
|
- Family Health Protector Policy
- Swasthya Kavach Policy
|
- Personal Accidental Insurance Policy
- Critical Illness Insurance Policy
- Health Protector Plus Policy
|
Travel Insurance Plans |
- Gold 500 Overseas Travel Insurance Policy
- Gold 250 Overseas Travel Insurance Policy
- Gold 100 Overseas Travel Insurance Policy
- Silver Overseas Travel Insurance Policy
- Bronze Overseas Travel Insurance Policy
- Pravasi Bhartiya Bima Yojna
|
Motor Insurance Plans |
- IFFCO Tokio Car Insurance Policy
- IFFCO Tokio Two-Wheeler Insurance Policy
- IFFCO Tokio Commercial Vehicle Insurance Policy
- Vehicle On-Road Assistance Insurance
- Value Auto Coverage Insurance
|
Home Insurance Plans |
- Home Suvidha Policy
- Home Family Protector Policy
|
Trade Insurance Plans |
- Trade Suvidha Policy
- Trade Protector Policy
|
Liability Insurance Plans |
- Directors & Officers Liability Insurance
- Product Liability Insurance
- Professional Indemnity Insurance
- Public Liability Insurance
- Public Liability Industrial & Storage Insurance
- Public Liability Non-Industrial Insurance
|
Marine Insurance Plans |
- Marine Cargo Insurance
- Sagar Bandhu Bima Insurance
|
Property Insurance Plans |
- Boiler & Pressure Plant (BPP) Insurance
- Consequential Loss (Fire) Insurance
- Contractors All Risk Insurance
- Contractors Plant & Machinery Insurance
- Electronic Equipment Insurance
- Industrial All Risk Insurance
- Machinery Breakdown Insurance
- Machinery Loss of Profit Insurance
- Standard Fire & Special Perils Insurance
|
Business Products Insurance Plans |
- Bankers Blanket Insurance
- Burglary Insurance
- Fidelity Guarantee Insurance
- Industry Protector Insurance
- Jewellers Block Insurance
- Money Insurance
- Office & Professional Establishment Protector Insurance
- Workmen's Compensation
|
Corporate Health Insurance Plans |
- Group Mediclaim insurance
- Group Personal Accident Insurance
|
Micro & Rural Insurance Plans |
- Janata Suraksha Bima Yojna
- Jan Sewa Bima Yojna
- Tractor Insurance
- Kisan Suvidha Bima
- Pashu Dhan Bima Yojana
- Pashu Dhan Bima Yojana
- Pradhan Mantri Fasal Bima Yojana (PMFBY)
- Unified Package Insurance Scheme (UPIS)
- Jan Suraksha Bima Yojna & Mahila Suraksha Bima Yojna
|
Special Insurance Plans |
- Comprehensive General Liability (CGL)
- Credit Insurance
- Errors and Omissions (Technology) Insurance
- Fine Arts Insurance – Private collectors, Dealers and Gallery owners
- Multi Modal Transport (MTO) Insurance
|