Speaking on the occasion, Ajay Bimbhet, MD Royal Sundaram Alliance Insurance Company Limited said “With almost a decade of experience in dealing with a wide spectrum of industries and extensive industry knowledge, Royal Sundaram is well placed to offer valuable insight and insurance solutions tailored for the commercial segment such as ‘Industrial all risk’, other classes of Property and Engineering, Marine/ Cargo, Group Health Cover and Commercial Vehicles.
In the retail segment, we offer wide range of covers at competitive premiums for products such as Motor, Health, Personal Accident, Home, Home Content and Travel insurance. Jamshedpur is home to various industries and is also in close proximity to other industrial hubs such as Rourkela and Bokaro.
This region is dominated by various ancillaries engaged in auto components such as forging, hoses etc and also small, large and medium-scale industries which require commercial insurance solutions apart from a large base of retail customers. This is indicative of the significant growth opportunities available for Royal Sundaram.