Mumbai, April 1:
Liberty Videocon General Insurance Company has announced the commencement of business operations in Ahmedabad, Chennai, Hyderabad and Pune.
The launch of these new offices are an integral part of the companys strategy to be present in the major metros and to reach out to commercial and retail audiences in the region effectively, said the company in a release.
These are key markets for both our retail as well as commercial line products. Our presence in these locations would help us in augmenting our relationships with leading brokers, auto dealers, agents and other partners. With the opening of these branches, Liberty Videocon General Insurance has increased its presence to seven metro cities in India, said Roopam Asthana, CEO and Whole Time Director, Liberty Videocon General Insurance Ltd.
Headquartered in Mumbai, Liberty Videocon General Insurance Company Ltd commenced business with an initial capital of Rs 350 crore.
The company received a licence to operate in the general insurance industry from the Insurance Regulatory Development Authority (IRDA) in May 2012. It launched its operations in India recently.
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Liberty Videocon General Insurance opens offices in four cities
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