Reliance General Insurance Company Limited is an

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

-based private

insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...

company and is part of

Reliance Anil Dhirubhai Ambani Group Reliance may refer to: Companies * Reliance Controls, an American electrical products company founded in 1909 in Wisconsin * Reliance Home Comfort, a Canadian water heater rental and HVAC service company * Reliance Industries, an Indian con ...

, wholly owned through Reliance Capital. As of March 31, 2021, Reliance General Insurance's distribution network is composed of over 129 branches with more than 52,595 intermediaries.

History

Reliance General Insurance was incorporated on 17 August 2000. It received the license to conduct general insurance business in India from the Insurance Regulatory Development Authority of India (IRDAI) on 23 October 2000. Unlike most insurance companies, who have foreign partners, the firm is promoted solely by

Reliance Capital Reliance Capital Limited is an Indian diversified financial services holding company promoted by Reliance Anil Dhirubhai Ambani Group. Reliance Capital, a constituent of Nifty Midcap 50 and MSCI Global Small Cap Index, is a part of the Reliance ...

. Reliance General Insurance is a 100% subsidiary of Reliance Capital Limited (, ) a diversified financial services holding company promoted by Reliance Group.

Services

In travel, Reliance General Insurance provides plans for overseas trips such as

Schengen The Schengen Area ( , ) is an area comprising 27 European countries that have officially abolished all passport and all other types of border control at their mutual borders. Being an element within the wider area of freedom, security and j ...

Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an are ...

, and the US. Travel plans tailored for students and senior citizens are also available. Under Commercial Line Portfolio insurance such as fire, home, indemnity, public, marine, public liability, director’s & officer’s liability, plant & machinery. The

home insurance Home insurance, also commonly called homeowner's insurance (often abbreviated in the US real estate industry as HOI), is a type of property insurance that covers a private residence. It is an insurance policy that combines various personal insura ...

portfolio covers house contents against theft and damage.

References

{{Insurance in India Financial services companies established in 2000 General insurance companies of India Financial services companies based in Mumbai 2000 establishments in Maharashtra Indian companies established in 2000