COMPARISON OF NON-LIFE

INSURANCE PRODUCTS
ACROSS COMPANIES

Non-Life Insurance
companies
Public Sector

Private Sector

Lombard
General
Insurance Co. Ltd.
Ltd.
Reliance General Insurance Co.
United India Insurance Co.
Ltd.
IFFCO Tokyo General Insurance
Ltd.
Co. Ltd.
Oriental Insurance Co. Ltd.
Bajaj Allianz General Insurance
National Insurance Co. Ltd
Co. Limited
TATA AIG General Insurance
Co. Limited
Cholamandalam General
Insurance Co. Ltd.
HDFC General Insurance Co.
Ltd.
Royal
Sundaram
Alliance
Insurance Co. Ltd.
New India Assurance Co.

ICICI

Introduction
ICICI Lombard General Insurance Co. Ltd.
74:26 joint venture.
Number 1 private General Insurance Co.
First general insurance co. to be ISO 9001 certified

New India Assurance Co. Ltd.

Leading global insurance group
Only Indian insurance co. rated A- excellent by international

rating agency i.e. A.M. Best Co.

Reliance General Insurance Co. Ltd.

Leading private general insurance co.
Offering 94 customized insurance products catering

business & small and medium enterprises

to personal,

Customer Segments
Personal
Business/Industrial
Liability
NRI
Social/Rural
SME

Mapping Categories Of Products With

Customer Segments Across Cos.
Customer
segments
ICICI
Lombard

New India
Assurance

Reliance
General
Insurance

Personal

Business

NRI

Rural

SME

Industrial

Liability

Social

Mapping Categories Of
Products With Customer
Segments In ICICI Lombard
Customer
segments

Categories
of
Products

Personal
Segment

Business
Segment

NRI
Segment

Rural
Segment

Health
Home
Overseas
travel plan
Student
medical
Travel
insurance
partners

Fire
Marine
Industrial
policy
Corporate
insurance
Liability
Credit
Shop

Health
Parents
overseas
travel
Student
medical
Home
Car

Health
Home
Tractor
Weather
Shop

Mapping Categories Of Products With

Customer Segments In New India Assurance
Customer
segments

Categories
of
Products

Personal

Business

Industrial

Liability

Social

Accident
House
holders
Motor
policy
Money
insurance
Road
Safety
TV/VCR/V
CP
Mobile

Jewellers

Fire

Shop
Marine
Aviation

Machine
breakdown
Burglary
Electronic
equipment

Public
liability policy
Products
Directors
& Officers
Employers

Rural
Student
safety
Women
welfare
Child
welfare

Mapping Categories Of Products With

Customer Segments In Reliance General
Insurance
Customer
segments

Personal

Business

SME

Fire

Categories of
Products

Health
Motor
Home
Travel
Accident
cover
Claim status

Property
Fire
Package
Marine
Health

Engineering
Marine
Liability

Brands across the

companies
Customer
segments
ICICI
Lombard

New India
Assurance

Reliance
General
Insurance

Personal

Business/ industrial/ liability

Rural/ social

Motor Insurance:
Car insurance
Two wheeler insurance
Home insurance

Fire insurance:
Fire and special perils policy (material damage)
Consequential Loss (Fire) Insurance Policy
Marine insurance:
Marine Import Transit Insurance Policy
Marine Export Transit Insurance Policy
Marine Inland Transit Insurance Policy

Rural insurance:
Tractor insurance
Weather insurance

Motor Insurance:
All type of vehicle plying on road
Home insurance:
Householders policy

Fire insurance:
Fire policy (One policy covering
destruction or damage to insured property)
Marine insurance:
Marine cum Erection /
Storage cum Erection Policy
Marine Cargo Policy

Rural insurance:
Lift Irrigation Insurance
Farmers Package Insurance
Scheme

Motor Insurance:
Two wheeler comprehensive
Private car comprehensive
Home Insurance:
Reliance home protect
House holders package

Fire insurance:
Reliance Standard Fire and Special Perils Policy
Reliance Consequential Loss Policy
Marine insurance:
Reliance Marine Cargo Insurance Policy

N .A

Sales And Distribution

Channels
Retail
Direct
Indirect

Brokers
Agents

Bancassurance
Telesales
Online

Distribution channel of
companies
Customer
segments

Personal

Business

NRI

ICICI
Lombard

Retail
Telesales
Online
Bank

Retail
Telesales
Online
bank

Retail
Telesales
Online
Bank

New India
Assurance

Retail
Telesales
Online
Bank

Retail
Telesales
Online
Bank

Reliance
General
Insurance

Retail
Telesales
Online
Bank

Retail
Telesales
Online
Bank

Rural

SME

Industrial

Social

Retail
Telesales
Online
Bank

Retail
Telesales
Online
Bank

Retail
Bank

Retail
Telesales
Online
Bank

Documents required In
ICICI general insurance
Personal Business

Customer
segments

Document
for
Products

Health

Fire

Age proof
Medical checkup
after age of 45

Address proof
Market value
Value of jewelry and
furniture

Home

Market value
Copy of registry
Value of
accessories

NRI

Rural

Student
medical

Health

No document

Age proof
Medical checkup after
age of 45

Home

Home

Market value
Copy of registry

Market value
Copy of registry
Value of accessories

Marine

Car

Receipt
Bill of lading
builty

Registration
certificate
Market value
Old insurance

Tractor
Registration
certificate
Market value
Old insurance

Documents required In
Reliance General Insurance
Customer
segments

Personal

Business/
industrial/
liability

SME

Motor

Document s
required

Two/ four wheeler

Fire

RC
Old insurance (if available)
photograph of vehicle

Proposal
Address proof
Last insurance policy

Jewelery number

Health insurance
Age proof
Medical certificate
Residence proof
Photograph

Home insurance
List of accessiors
Copy of registry

Marine
Builty
Bill of lading
Receipt

Group insurance
No. of workers
Proof of employment

Documents required In New

India Assurance
Customer
segments

Personal

Business/
industrial/
liability

Rural

Two/ four wheeler

Fire

RC
Old insurance (if available)
photograph of vehicle

Proposal
Address proof
Last insurance policy

Kisan Policy

Motor

Document s
required

Jewelery number

Health insurance
Age proof
Medical certificate
Residence proof
Photograph

Home insurance
List of accessiors
Copy of registry

Marine
Builty
Bill of lading
Receipt

Residence proof
inspection

.
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