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Royal Sundaram Alliance Insurance India & Career Opportunity 29 January 2019

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Royal Sundaram Alliance Insurance India & Career Opportunity: Hey, guys are you looking for job opportunities in Royal Sundaram Alliance Insurance India? Then the following article will surely help you get to know all the detail over View of the company. Along with these details, you can also get updates about Career opportunities available in Royal Sundaram Alliance Insurance Company. So candidates are requested to go through the article and keep your self-update.

Royal Sundaram Alliance Insurance India used to be the first ever privately owned insurer in industry. The company was formed in the year 2001. It’s a popular insurer in India, proof to this is ISO 9001-2008 certification that has been given to its Accidents and Health Claims procedures.

Royal Sundaram Alliance Insurance India & Career Opportunity

Some of the Achievements of Organization:

  • They Introduced cashless settlement process for health policies claims.
  • The Company introduced co-brand credit cards with leading banks.
  • Inaugurating groundbreaking health products like Hospital Cash.

Some of the important details of Royal Sundaram Alliance Insurance Company Limited:

  • The company has More than five million policyholders
  • Product availability across one eighty cities
  • At least one thousand seven hundred employees

The insurer also has a various distribution that is made up of the following entities:

  • Agents
  • Affinity partners
  • Distribution partners
  • Brokers

Brand Value of Royal Sundaram General Insurance.

Royal Sundaram is among the leading providers of general insurance solutions and has primarily provided help to individuals, business organizations, and families too.

The insurer also offers a wide range of focused insurance products in the following types of interference risks:

  • Fire
  • Liability
  • Marine
  • Business
  • Engineering

They offer many products that are specially made for customers in rural areas and small and medium companies. The company values ethics such as trust, expertise, and commitment.

It is advertised by Sundaram Finance, which is among the most appreciated nonbanking financial set-ups in the country and RSA, Which is among the second-biggest provider of general insurance services in the UK and also one of the older organizations of its kind over there.

This team allows Royal Sundaram to provide top class global standards, innovative services, and products apart from customized services for its consumers. An important benefit this insurance product is that not a lot of documentation is required and they help to save taxes too.

Management Boady of Royal Sundaram General Insurance
The Management Body of Royal Sundaram General Insurance are as follows:

Name Designation
PM Venkatasubramanian Chairman
S Viji Director
Paul Whittaker Director
TT Srinivasaraghavan Director
Stuart Edward Purdy Director
S Prasad Director
Gareth Morgan Roberts Director
M S Sundara Rajan Director
David Patrick Coughlan Director
S Acharya Director
Harsha Viji Director
Ajay Bimbhet Managing Director

Products and Services of Royal Sundaram General Insurance company are as follow:

The products provided by Royal Sundaram are as follows:

Car Insurance

Home Insurance –

Health Insurance –

  • Master Product
  • Total Health Plus,
  • Family Good Health,
  •  Hospital Cash Insurance
  • Travel Insurance
  • Individual Personal Accident

Business Insurance –

  • Employee Solutions,
  •  Rural/Social Insurance,
  •  Business Insurance Services
  • Commercial Vehicle Insurance

The List of Customer Services offered by the insurer are as follows:

  • Request for Policy Copy
  • Register for Do Not Call
  • Changes in your Policy
  • Grievance Redressal Procedure
  • Cancellation of your policy
  • Register a Complaint
  • Premium Refund
  • Ombudsmen List
  • Extension of Travel policy
  • Contact Us
  • IT Certificate Request
  • Customer Talk

Royal Sundaram’s Claims Services as follows:

  • Claims Philosophy
  • Download Claim Forms
  • Claims Procedure
  • Cashless Hospitals List
  • Notify Claim Online
  • Access TPA

Balance Sheet of Royal Sundaram General Insurance
Royal Sundaram at the end of ( for year March 2012 ) is as follows:

Category The amount in INR Thousand
Share capital Rs. 2900,000/-
Surplus and reserves Rs. 728,676/-
Fair value change account Rs.  (16,614)/-
Investments Rs.  18,405,279/-
Fixed assets Rs.  124,868/-
Deferred tax assets Rs.  58,428/-
Cash and bank balances Rs.  701,359/-
Advances and related assets Rs.  1389,167/-
Current liabilities Rs. 10,667,541/-
Provisions Rs.  6399,498/-
Net Current Assets Rs. 14,976,513/-
Disputed and yet to be provided statutory liabilities or demands Rs. 943452/-

Profit and Loss Statement of Royal Sundaram General Insurance 
The profit and loss statement till 31 March 2012  are as follows:

Category The amount in INR Thousand
Fire Insurance Rs. 65,882/-
Marine Insurance Rs. 66,755/-
Interest, rent, and dividend Rs. 302,258/-
Profit from investments sale Rs. 2,955/-
Other income Rs. 13,478/-
Expenses not related to insurance business Rs. 5,648/-
Profit/loss balance carried forward from the previous year Rs.236,457/-
Balance carried forward to balance sheet Rs. 238,676/-

Royal Sundaram General Insurance News 

With the healthy growth rate, the insurer is presently one of the top performers among the privately owned insurers in India.

For 2011-12 Royal Sundaram’s profit after tax has amounted to Rs. 0.22/- crore it had incurred losses amounting to Rs. 20.1/-crores.

Office of Royal Sundaram General Insurance 
Royal Sundaram has a good network of offices all over India. They are located in the following locations.

  • Agra
  • Karol Bagh-Delhi
  • Agartala
  • Karur
  • Ahmedabad
  • Kolhapur
  • Anand
  • Kolkata-Eastern regional office
  • Anantpur
  • Kolkata-marketing office
  • Asansol
  • Kollam
  • Aurangabad
  • Kadapa
  • Bangalore
  • Khammam
  • Baroda
  • Kurnool
  • Belgaum
  • Kottayam
  • Bellary
  • Lucknow
  • Bharuch
  • Madurai
  • Bhopal
  • Mangalore
  • Bhubaneswar
  • Manjeri
  • Bilaspur
  • Mumbai-Western regional office
  • Bijapur
  • Mysore
  • Baramati
  • Nagpur
  • Calicut
  • Namakkal
  • Chandigarh
  • Nasik
  • Chennai
  • Navi Mumbai
  • Chennai-Tambaram
  • Nellore
  • Chennai-Anna Nagar
  • New Delhi
  • Chennai-Southern Regional Office
  • Noida
  • Cochin
  • Patna
  • Coimbatore
  • Pondicherry
  • Mumbai
  • Pune
  • Dindigul
  • Raipur
  • Dadar
  • Rajahmundry
  • Erode
  • Rajkot
  • Gandhidham
  • Salem
  • Goa
  • Shimoga
  • Gulbarga
  • Siliguri
  • Gurgaon-Northern Regional Office
  • Surat
  • Guwahati
  • Thanjavur
  • Himatnagar
  • Thrissur
  • Hosur
  • Tirunelveli
  • Hubli
  • Tiruppur
  • Hyderabad
  • Trichy
  • Indore
  • Trivandrum
  • Jabalpur
  • Tumkur
  • Jaipur
  • Vapi
  • Jamnagar
  • Vellore
  • Jamshedpur
  • Vijayawada
  • Kannur
  • Villupuram
  • Kanpur
  • Visakhapatnam
  • Karimnagar

We hope that our article about Royal Sundaram Alliance Insurance India & Career Opportunity will surely help you.

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