Company Overview of Future Generali India Insurance Company Ltd.
Future Generali India Insurance Company Ltd. operates as a life and general insurance company in India. The company provides life insurance plans, including protection, savings, child, retirement, and group insurance plans. It also provides general insurance plans, such as health insurance, motor insurance, travel insurance, personal accident, home insurance plans, accident and health, fire, loss of profits policy, industrial all risk, engineering insurance, marine cargo insurance, and liability plans, as well as micro-insurance products for the rural segment. The company was incorporated in 2006 and is based in Mumbai, India. Future Generali India Insurance Company Ltd. operates as a subsid...
001, Delta Plaza
414, Veer Savarkar Marg
Mumbai, 400 025
Founded in 2006
Key Executives for Future Generali India Insurance Company Ltd.
Chief Executive Officer and Managing Director
Chief of Finance & Operations
Compensation as of Fiscal Year 2013.
Future Generali India Insurance Company Ltd. Key Developments
Future Generali India Insurance Company Ltd. Re-Launches its Future Health Suraksha
Jan 11 13
Future Generali India Insurance Company Ltd. has re-launched its Future Health Suraksha. The plan offers lifelong renewals, floater options above 45 years of age, available with an entry age of up to 70 years. The plan comes with upward revision of premiums, cumulative bonus from first claims-free renewal, instead of the sixth renewal. The plan has also increased the sub-limit for cataract operation. No medical tests are required for up to 50 years of age for all fresh proposals/rollover cases where the proposal form is clean and or with no-claims history in the expiring policy. Also, the lifetime indemnity clause for members above 60 years has been deleted. Future Generali is a joint venture between India's Future Group and the Generali Group of Italy.
Future Generali India Insurance Company Ltd. Announces Executive Changes
Jan 11 13
Future Generali India Insurance Company Ltd. announced that it has accepted MD & CEO Deepak Sood’s resignation. The company also announce that G. N. Agarwal, Chief Actuary and Chief Risk Officer, has been appointed as the interim CEO.
Biyani Reportedly To Decide On Sale Of Stake in Future Generali
Jan 10 13
MF-Mercati Finanziari reported that Kishore Biyani will make a decision for his 74.5% stake in Future Generali India Insurance Company Ltd. in the next few weeks. Biyani has been looking for a buyer to sell his 74.5% stake in Future Generali. Biyani had started talks with L&T General Insurance Company Limited for a possible sale and the negotiations were expected to protract.
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March 26, 2013