Royal Sundaram Alliance Insurance Company Limited boasts of being the first private insurer to obtain the license, after the liberalization of the insurance sector in India (2000). It was established in the year 2001, as a 74:26 joint venture between Sundaram Finance Ltd India and Royal & Sun Alliance PLC London. Since then, it has been striving to provide the best and the most innovative insurance solutions to its customers, present as well as potential, their family as well as their business.
The product range of Royal Sundaram Alliance Insurance Company Limited has been designed in such a way that it caters to the need of a wide variety of customers, right from the common man to corporate conglomerates and even social sector companies. The company has many firsts to its credit. It was the first company to offer cashless hospitalization, the first to offer segment specific business solutions, first to offer co-branded credit cards and the first one to introduce industry-specific proposition.
Royal Sundaram Alliance Insurance Company Limited was set up with its head office in the Chennai city. Today, it boasts of four regional offices, namely in Chennai, Mumbai, Gurgaon and Kolkata, apart from over 35 branch offices. The company caters to customers in as many as 150 cities, through a combination of its own branches and those of its partners. The customers, potential as well as present, can reach the insurance company directly (even online) and also through its partners, agents, and brokers.