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Need for General Insurance Penetration in Tier 3 & 4 Cities

29

Apr, 2017

Need for General Insurance Penetration in Tier 3 & 4 Cities

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  P&C (Property & Casualty) Insurance business, or General Insurance as is known in this part of the world, has been growing very impressively in India. From a market size of 8000 Crs., it has now expanded to more than 120000 Crs. in 2016-17. The General Insurance industry has always grown with the overall economic growth. Unlike Life Insurance, which is pure sales driven distribution where sellers try to create a need, in P&C the need or opportunity for insurance already exists. For example, if you have bought a car, […]

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World Backup Day – How Insurance Works as a Backup?

31

Mar, 2017

World Backup Day – How Insurance Works as a Backup?

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World Backup Day is a modern day awareness campaign urging people to back up their computers and devices to prevent them from data loss. Good or bad, important or unimportant, every data loss is painful to an extent. So the motto of this campaign is reach out to people, and remind them about the importance of data backup. We, at Bajaj Allianz General Insurance, feel that insurance is also a very important back up to have. Insurance as a backup – Insurance, in simple terms, offers you protection from loss. […]

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