The Vakrangee-HDFC ERGO tie-up is going to be a win-win affair for all stakeholders. While HDFC ERGO will be able to leverage distribution network of more than 26000 outlets of Vakrangee including areas currently not served or underserved, Vakrangee will have added range of quality product to offer through its vast distribution network. Following the tie-up, citizens, especially in un-served and underserved areas, shall be able to access quality General Insurance products and services offered/to be offered by HDFC ERGO General Insurance Company.
HDFC ERGO General Insurance Company is a 51:49 joint venture between HDFC Ltd, India’s premier Housing Finance Institution and ERGO International AG, the primary insurance entity of the Munich Re Group of Germany. The company offers complete range of General Insurance products ranging from Motor, Health, Travel, Home and Personal Accident in the retail space and customized products like Property, Marine and Liability Insurance in corporate space. HDFC ERGO is expanding its network across the country and is today present in 108 branches spread across 89 cities with an employee base of over 2000 professionals. The Company also has a wide distribution network besides its own direct sales force.