Insurance Companies In South Africa

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ICICI Lombard GIC Ltd.

ICICI Lombard is one of the top private general insurance firms in India. A brainchild of ICICI Bank, ICICI Lombard has a stronghold in the insurance market, especially for car insurance. The company has sold more than 17 million policies so far and has settled more than 2 million claims by the end of the last fiscal year. They offer insurance products designed to meet the needs of customers from both urban and rural population. They provide insurance solutions that cover personal, project and business liabilities. ICICI Lombard Car Insurance covers the following:

  • Loss or damage to your vehicle against natural calamities
  • Loss or damage to your vehicle against man-made calamities
  • Third Party Legal Liability
  • Personal Accident Cover

ICICI Lombard also has a hassle-free claim settlement process.

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TATA AIG GIC Ltd.

TATA AIG GIC Ltd. is a joint venture between American International Group (AIG) and Tata Group. The firm started its operations in 2001, offering a wide range of general insurance products for personal and business needs across India. Their insurance products include Marine Cargo , Personal Accident, Extended Warranty, Liability, Rural-Agriculture Insurance, Travel, etc. The firm employs over 2,500 employees and 9,400 agents to serve the public. The firm provides insurance services in 98 locations with 152 branches spread across India.

They offer 5 plans under their motor insurance sector:

  • Auto Secure-Private Car Package Policy
  • Auto Secure-Two Wheeler Package Policy
  • Long-Term Two Wheeler Package Policy
  • Auto Secure-Commercial Vehicle Package Policy
  • Liability Only Policy

Customers are free to choose any one of the above policies that match their insurance needs.

Bajaj Allianz GIC Ltd.

Bajaj Allianz is a joint venture between Bajaj Finserv Ltd. and Allianz SE. Bajaj Allianz commenced its operations in 2001 and has their offices located in over 200 cities and towns across India. The firm caters to the individual insurance needs of consumers. They offer a number of insurance and have a large customer base in India. They have built technologically advanced platforms like mobile and digital applications to engage the public.

    • 24×7 Roadside Assistance facility
    • 50% of No Claim Bonus (NCB) transfer from any other car insurer
    • Extensive cashless garage network with over 4000 garages

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