HDFC Ergo General Insurance Company Limited is the 3rd largest General Insurance Company in the private sector. This Mumbai-based General Insurance company caters to insurance needs ranging from Motor, Health, Travel, Commercial to Rural Agriculture.
In the world of insurance, stability of a company is everything. Insurance prospects search for brands that have a sound financial background apart from other features.
HDFC ERGO is one such name.
Similar to other general insurance companies, HDFC ERGO is a joint venture company formed by HDFC, an legendary housing finance organization and ERGO International AG. One of the largest insurance companies in Europe, owned by the Munich Re Group.
This tie-up provides diverse options to its Indian customers in the General Insurance strata like Individual, Vehicular, Corporate and others.
The company was established in 2002. It has an iAAA rating awarded by ICRA for its highest claim paying capability. It also has ISO 9001:2008 certification for its Operations and Services section for Customer Experience Management and Claims Management. Awards Excellence in Financial Reporting FY2014-15.
In 2016, the company serviced more than 5 million policies. It is the fourth largest company in General Insurance in the private sector and 3rd largest in the Non-Motor bracket.
HDFC ERGO is driven by their value to cater to specialize and heed to every need of the modern day customer with superior HDFC ERGO customer care service through automated processes like HDFC ERGO renewal process.
The company has been in existence for a fair time since then, it has covered a lot of ground in gaining a large share of customer gratification through the fast and efficient claim settlement process. The company is one of the top five companies to have the highest claims paid ratio in the previous year 2016.
As per the company’s annual financials for the previous year (2015-2016), the company paid out 1244.2 claims last year, which gives it a claim settlement ratio of 51%. The company was able to deliver during the Chennai floods calamity.
HDFC ERGO Motor Insurance saves your vehicle from unsuspecting harm like theft or third party liabilities. It also adds an accidental cover to keep you safe. It is a cashless facility that is honored at 3400+ authorized car service stations.
HDFC ERGO Two Wheeler Insurance renewal is fast and easy to do in case of delays. HDFC ERGO has three types of Motor Insurance policies - Two Wheeler Insurance, Private Car Insurance, and Vehicle Insurance.
HDFC ERGO has the best health insurance policies that cover individuals and families. It has a massive network of over 50000 hospitals and has unique features such as flexible payment options, enhance no-claim bonus, day care procedures, etc.
This travel insurance plan has many features keeping in mind the modern customers. One can avail travel insurance online. One can get maximum coverage at competitive prices. Round the clock international travel assistance in case of emergencies.
HDFC ERGO’s Home Insurance policy insures structure of one's home along with valuables. The insurance lasts for up to 5 years and can be applied for online with no documentation and at a reasonable premium.
A workspace is as valuable to an individual as much as his/her home. HDFC ERGO’s Professional and Management Liability is a unique feature under this type of insurance. It covers Directors and crucial members of an organization. The company’s policies also cover litigation, extortion attempts, employee disputes apart from other common types of commercial insurances.
If you are searching for a good insurance policy, just give HDFC Ergo a try and select the best plan that suits your needs. These plans cover the entire human ecosystem.
Here is a sanpshot of plans from the commercial insurance section.
|Directors & Officers Liability||
|Mutual fund Protection Policy||