Insurance Sector in India

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Insurance Sector in India

  • Liberty Videocon General Insurance was launched in 2014. 
  • The Videocon Group is rated a​​mong India’s Top 15 private Business Houses and is listed among the 100 Emerging Giants of the World according to a Boston Consulting Group study 
  • The Videocon Group has also been rated amongst the Top 15 of India’s ‘busiest brands’ by agency faqs in 2010.
  • Liberty Mutual Insurance Group ( employs over 50,000 people in more than 900 offices throughout the world.

Liberty Videocon General Insurance Company Ltd is a joint venture between the Videocon Industries Ltd and Liberty Citystate holdings PTE Ltd, a group company of US based Liberty Mutual Group, a leading global property and casualty group.

With Liberty Mutual's 100 years of supervision in the insurance industry globally, Liberty Videocon General Insurance Company Ltd has a vision to build a customer centric business and to address the distinct needs of individual and corporate customers. 


Liberty Videocon General Insurance Group: Believes that insurance plays a significant role in safeguarding organisations and individual aspirations

2015 Liberty Videocon General Insurance received Rs 320 crore (US$ 50 million) funds
2014 Liberty Videocon General Insurance recognized for Excellent HR Practices
2014 Liberty Videocon announces launch of Thermography Inspection techniqu​e
2014 Liberty Videocon was felicitated by ET edge (An initiative by Economic Times) for outstanding customer service

Updated: August, 2015

The total market size of the insurance sector in India is projected to touch US$ 350-400 billion by 2020.
x IBEF : India Brand Equity Foundation