Kotak Mahindra General Insurance, a 100% subsidiary of Kotak Mahindra Bank Ltd. is one of the prime general insurance firms in India and is reported to be one of the fastest-growing general insurance companies in the country.
Kotak Mahindra was instituted to service the booming market of the nations non-life insurance section. The general insurance firm intends to focus on customised services, revolutionary technology and digital infrastructure to distinguish itself in the general insurance sector. The company aspires to strengthen its customer share and reach by offering a range of non-life insurance products like health, motor etc.
In 2015, Kotak Mahindra General Insurance acquired a green signal from the IRDAI to initiate insurance business.
Kotak Mahindra General Insurance offers insurance products in the following domains :
A subsidiary of Kotak Mahindra Bank Ltd., we serve the growing non-life insurance needs of an emerging India while emphasizing on customer service, quality and innovation.
In 2017-2018, Kotak Mahindra General Insurance claim settlement ratio was 93.72%.