Friday, July 20, 2007

Tata AIG to ramp up operations in TN, Kerala

Tata AIG General Insurance Company Limited (Tata AIG), a joint venture between the Tata group and American International Group, Inc. (AIG), is to open more outlets in Kerala and Tamil Nadu.

V Vendhan, head - branch operations, Tata AIG, on the sidelines of opening a distributor office at Trichy recently said the company planned to open extension branches at Salem and Erode before month end in Tamil Nadu.

Similarly, in Kerala it would open branches at Thiruvananthapuram, Palakad, Thrissur and Kozhikode of which at least two will come up by August end.

The southern region comprising Kerala, Tamil Nadu and Puducherry collected about Rs 70 crore premium in the year 2006-07 and for the current fiscal, this is expected to touch Rs 80 crore, added Vendhan.

Source: Business Standard

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