During the short span of 2 years, the Trust has engaged itself in many noble activities such as raising funds to provide timely aid to the victims of natural crisis like Kerala floods. The Trust also provides periodical service, both in financial and physical form to old age homes and to the destitute children. The Trust also has entered into long term initiatives like providing aid to cancer research Institutes and downtrodden cancer patients in a regular and structured manner. The “CIDIZEN Care Centre for Cancer” was launched on July 28th 2018, by Smt.T.L.Alamelu, CMD, Agriculture Insurance Company at a Global Insurance Summit organised by the Trust at Chennai. The Summit was graced by top officials of various General Insurance Companies like Shri. John Pulinthanam, Director & GM, National Insurance Company Ltd., Smt.M.Sashikala, Director & GM, GIC RE, Shri.K.B.Vijay Srinivas, the then Director & GM, United India Insurance Company Ltd., Smt.J. Jayanthi, GM, The New India Assurance Co. Ltd., Shri. M. Easwara Narayanan, CEO, Future Generali India Insurance Company Ltd., Smt. Geetha Santhaseelan, DGM, Oriental Insurance Co. Ltd. and Shri.R. Ramamurthy, DGM, Oriental Insurance Co. Ltd. Business sessions were mentored by Hon’ble Ombudsman, Chennai & Puducherry, Shri.M. Vasanthkrishna and Former GIC GM & founder CEO of IIB, Shri.R.Raghavan. Issues affecting General Insurance Industry were discussed in the meeting. The next Summit is scheduled to be held on July, 27th 2019 at New Delhi.

Agriculture Insurance Company of India joins hand with Gramcover for rural insurance

April 9, 2021 admin 351 Views 0 Comments Agriculture, COMPANY, Insurance

The Agriculture Insurance Company of India Limited has recently collaborated with Gramcover to collectively enhance rural insurance penetration. It will achieve this by utilizing the expertise of Gramcover in rural insurtech space. The partnership aims to target 25 million farmers across the aspirational districts.

Under the MoU, Gramcover will work on market research and identification of widely grown crops and need-based rural insurance products. It will also work on the feasibility report to assess the suitability, requirement and affordability of insurance products in each aspirational district. Gramcover will explore marketing and distribution channels and integration of underwriting process, and claim settlement protocols, i.e., from market requirements to issuance of policies to claim settlement.

The Agriculture Insurance Company of India will work on development of need-based rural insurance products and streamline the underwriting process and channel partner app. It will integrate the underwriting process and claim settlement protocols from market requirements to issuance of policies to claim settlement.

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