Shriram General Insurance: Shriram General Insurance is a joint venture between Sanlam Limited and Shriram Capital limited where Sanlam Limited holds 26% of the equity and Shriram Capital limited holds 74% of equity.
This company is the largest insurance company of South Africa and was established in 1918 and is employed in businesses like life insurance, investment, general insurance and independent financial offerings.
The company reaches out to a number of commoners thus providing them services to optimize their well being and prosperity. The company has about 50 Lacs customers, 80,000 associates, 1300 branches and some 30,000 employees handling the operations at different branches.
At present the group has its presence in property development, project engineering, software services and auto ancillaries. It is also looking forward to include services for other industries.
The Sriram Group also has investment schemes in numerous areas, like information technology, pharmaceuticals, property development, project engineering, packaging, and auto components.
Along with life insurance, Shriram General Insurance offers other policies that cover areas such as child education, retirement funds, and marriage and so on.
The services provided include shrilife for security and savings, shrilife plus for risk investment which generates reasonable funds, shrinidhi which is a savings product offering liquidity with a life cover, shriraksha which combines security with savings, shrividya meant for educational savings, shriplus which serves as an opportunity to make large savings pertaining to specific needs like marriage or retirement funds and many more services.
Shriram General Insurance aims at promoting facilities which will help in making a difference in people's lives and help generate additional income by numerous savings plans and policies.
The company aims at achieving fineness by producing work with efforts directed towards advanced service, efficiency, teamwork and better communication to initiate higher growth prospects for the company and the customers as well.
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