About Us - Shriram General Insurance

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  Nil Pending Complaints

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  Over 60 Lakhs Happy Customers

• In today's age of consumerism, insurance requirements have expanded to keep pace with the increasing risks. Today we have wide assortment of risk coverage commencing from ransom to wedding, shops to assets, travel to vehicles etc. General Insurance companies have willingly catered to these increasing demands and have offered plethora of insurance covers that almost cover anything and everything under the sun.
• Hence, foreseeing the General Insurance business as a Sunrise Industry, Shriram Group entered into this business and as a result Shriram General Insurance came into existence. Upto September 2012 it was a 74:26 Joint Venture between Shriram Capital Limited and Sanlam Limited (South Africa). SANLAM is a leading Financial Services Group of South Africa with a market capitalization of more than $6 billion, established in 1918 and the Group demutualised in 1998. SANTAM is a part of Sanlam Limited, which is engaged in short-term insurance cluster and is the leading short-term insurance company in South Africa. In September 2012, the stake of Sanlam Limited (South Africa) was transferred to Shriram Capital Limited. However, in August 2016, Sanlam Emerging Markets (Mauritius) Limited acquired 23% stake in Shriram General Insurance from Shriram Capital Limited. In April 2022, Shriram Capital Limited divested 9.99% stake in the Company in favour of Tangent Asia Holdings II Pte. Ltd., Singapore (KKR Group). In March 2023, the shares held by Shriram Capital Limited were transferred to Shriram GI Holdings Private Limited, which now holds 66.64% stake in Shriram General Insurance
• The overall team of SGI includes young and vibrant senior executives of insurance domain to handle Underwriting and Claim matters.
• The business philosophy of Shriram General Insurance is to serve the largest number of common people ("Aam Admi"). The Group's continued focus on addressing customer needs, nurturing talent and bringing a home-grown technology platform while delivering to the underserved segments of the economy, has ensured strong growth & sustainability for over 4 decades. The Group's vision is serving to the underserved and creating value at the bottom of the Pyramid.
• SGI is redefining the service parameters of General Insurance Industry by ensuring that each employee understands the Slogan "BE INSURED... REST ASSURED" in its spirit and the customer has an overall pleasant experience. The company is giving special attention to the innovative products and application of latest IT developments in its operations.
• SGI has been awarded "Excellence in Growth Award" for 2 consecutive year (2011 & 2012). Thus, SGI is all set to become the FIRST CHOICE General Insurance Company of India.