HDFC Ergo crosses ₹10,900 cr in gross premium income
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HDFC Ergo General Insurance Company has crossed ₹10,900 crore in gross premium income on year to date basis in February 2021, covering more than 1.5 crore lives.
The growth during the pandemic has been facilitated by HDFC Ergo’s largest distribution network of 1.40 lakh agents among other channels, Mehmood Mansoori, President - Shared Services & Online Business, HDFC Ergo General Insurance told media on Wednesday.
The year 2021 is expected to be the year of hope, he said, adding that the company has recently launched campaign `21ReasonsWhy’ with a motto to establish itself as a ‘One-Stop-Shop’ for all the insurance needs of their customers.
Restraints:
Short Term Insurance Increasing Demand for Low Premium Rates Insurance Plans Growing Number of Diseases Over the Last Few Year Requires Health Insurance Plans to Cover the Expenses
The Global Short Term Insurance Market segments and Market Data Break Down are illuminated below: by Type (Job Change Coverage, Medical Coverage, Life Coverage, Car Coverage, Others), Application (
Individual, Group), Distribution Channel (
Insurance Agency, Agents, Online Insurance Companies, Others), Features (Tax Benefits, Death Benefit, Additional Rider Benefit, No Survival Benefits)
Short Term Insurance the manufacturing cost structure analysis of the market is based on the core chain structure, engineering process, raw materials and suppliers. The manufacturing plant has been developed for market needs and new technology development. In addition, Short Term Insurance Market attractiveness according to country, end-user, and other measures is also provided, permitting the reader
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