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HDFC ERGO General Insurance Company

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and Motor Insurance Policies to customers within 5 minutes through digital platforms. A mobile application, the Insurance Portfolio Organiser (IPO) app, has also been built and offers its services based on geo-location. The company is aiming to transform itself into an ‘AI-first company’, wherein over 30% of customer service requests are handled by artificial intelligence (AI) and more than 50% of customers are using the digital platform to avail of any service after becoming policyholders.
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The firm's website has an AI-based chatbot DIA which can answer many queries. HDFC ERGO General Insurance has adopted Robotics process automation and voice analytics to improve customer experience. With these technologies, the company claims to process health insurance in 15 minutes and issues Health
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In May 2021, Housing Development Finance Corporation (HDFC), entered into a share purchase agreement for the sale of 44,12,000 equity shares of Rs. 10 each, representing 0.62% of the issued and paid-up share capital of HDFC ERGO, in accordance with the direction of Reserve Bank of India to reduce its
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sector. The retail sector includes various products like health insurance, vehicle insurance, travel insurance, home insurance, personal accident insurance, and cyber insurance. The Corporate sector includes products like liability, marine, and property insurance. Rural sector products include
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HDFC Ltd. And ERGO International AG formed a joint venture firm named HDFC ERGO General Insurance Company Limited. ERGO became a 49% stakeholder in the Company in 2015. In June 2019, HDFC announced plans to acquire a 51.2 percent stake in
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In 2020, HDFC Ergo Health Insurance( earlier known as Apollo Munich Health Insurance) merged with the company after the receipt of final approval from the
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shareholding in the latter to 50% or below, and subsequent to this HDFC ERGO would cease to be a subsidiary company of HDFC.
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business. With this merger, the company's product suite expanded to over 50 in this segment.
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rainfall index insurance, Pradhan Mantri Fasal Bima Yojana, and cattle insurance policy.
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and later merged it with its general insurance arm, HDFC ERGO.
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Insurance Regulatory and Development Authority of India
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Insurance Regulatory and Development Authority (IRDA)
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The Financial Express. 29 April 2021 661:. Business Standard India. 10 May 2021 445:is a 51:49 joint venture firm between 75:contains content that is written like 1038: 853: 523: 521: 519: 517: 515: 1538:Industrial Policy Resolution of 1956 634: 125: 59: 18: 1628:Health insurance companies of India 1507:Pradhan Mantri Suraksha Bima Yojana 966:Bandhan Bank (from GRUH divestment) 916:HDFC ERGO General Insurance Company 13: 635:Kaul, Abhinav (19 November 2020). 512: 145:it lacks sufficient corresponding 14: 1644: 1608:Privately held companies of India 1502:Pradhan Mantri Fasal Bima Yojana 829: 34:This article has multiple issues. 1582: 1581: 1404:Employees' State Insurance (ESI) 1066: 1019: 1018: 616:. businessline. 13 November 2020 384: 383: 361: 360: 338: 337: 315: 314: 214: 130: 64: 23: 1469:Agricultural insurance in India 793: 757: 743: 729: 715: 42:or discuss these issues on the 1517:Rashtriya Swasthya Bima Yojana 931:HDFC International Life and Re 701: 687: 673: 575: 542: 477:Apollo Munich Health Insurance 1: 1569:Insurance Repository in India 879: 506: 497: 394:(US$ 3.8 billion) (2022) 325:(US$ 980 million) (2022) 1618:Insurance companies of India 1559:Insurance Institute of India 371:(US$ 60 million) (2022) 348:(US$ 57 million) (2022) 7: 10: 1649: 1497:Biju Swastya Kalyan Yojana 897:Subsidiaries and divisions 469: 1577: 1546: 1525: 1482: 1461: 1434: 1416: 1363: 1235: 1117: 1088: 1079: 1016: 975: 949: 896: 887: 424: 408: 398: 375: 352: 329: 310: 270: 256: 242: 232: 222: 213: 160:more precise citations. 1492:Ayushman Bharat Yojana 1474:National Health Policy 1223:United India Insurance 941:HDB Financial Services 96:neutral point of view 1137:Aditya Birla Capital 303:Commercial Insurance 299:Accidental insurance 1533:Insurance Act, 1938 1378:ManipalCigna Health 1213:New India Assurance 1008:Sashidhar Jagdishan 400:Number of employees 247:Mumbai, Maharashtra 210: 88:promotional content 1218:Oriental Insurance 1208:National Insurance 1073:Insurance in India 1003:Hasmukhbhai Parekh 554:The Times of India 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Lombard 1160: 1158: 1155: 1153: 1150: 1148: 1145: 1143: 1140: 1138: 1135: 1133: 1130: 1128: 1127:Bajaj Allianz 1125: 1124: 1122: 1120: 1116: 1106: 1103: 1102: 1100: 1098:Public sector 1096: 1093: 1091: 1087: 1084: 1082: 1078: 1074: 1069: 1060: 1055: 1053: 1048: 1046: 1041: 1040: 1037: 1027: 1026: 1015: 1009: 1006: 1004: 1001: 999: 996: 994: 991: 989: 986: 984: 983:Deepak Parekh 981: 980: 978: 974: 967: 964: 961: 958: 956:Ferbine (10%) 955: 954: 952: 948: 942: 939: 937: 934: 932: 929: 927: 924: 922: 919: 917: 914: 910: 907: 906: 905: 902: 901: 899: 895: 891: 886: 882: 875: 870: 868: 863: 861: 856: 855: 852: 845: 839: 834: 833: 814: 810: 806: 802: 796: 780: 774: 766: 760: 752: 746: 738: 732: 724: 718: 710: 704: 696: 690: 682: 676: 660: 654: 638: 631: 615: 609: 607: 605: 588: 584: 578: 563: 559: 555: 551: 545: 537: 530: 524: 522: 520: 518: 516: 511: 504: 495: 491: 489: 485: 480: 478: 467: 464: 460: 456: 452: 448: 444: 435: 427: 423: 420: 416: 413: 411: 407: 403: 397: 382: 379: 374: 359: 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Retrieved 553: 544: 536:hdfcergo.com 535: 501: 492: 481: 473: 442: 441: 404:8,976 (2022) 392:32,118 crore 378:Total assets 262:Anuj Tyagi ( 243:Headquarters 223:Company type 205: 190: 172: 163: 144: 110: 104:October 2016 101: 86:by removing 82:Please help 74: 50: 43: 37: 36:Please help 33: 1483:Government 1418:Reinsurance 1388:Star Health 1330:Sriram Life 1320:Sahara Life 1305:PNB MetLife 1182:SBI General 1090:Agriculture 998:Aditya Puri 988:Keki Mistry 950:Investments 323:8,149 crore 158:introducing 1633:HDFC Group 1602:Categories 1436:Repository 1315:Kotak Life 1260:Bharti AXA 1132:Bharti AXA 890:HDFC Group 507:References 498:Technology 419:Ergo Group 355:Net income 258:Key people 141:references 84:improve it 39:improve it 1285:HDFC Life 1275:Edelweiss 1152:HDFC ERGO 1147:Edelweiss 1081:Companies 921:HDFC Life 904:HDFC Bank 881:HDFC Bank 818:21 August 813:0971-751X 805:The Hindu 593:21 August 567:21 August 562:0971-8257 432:.hdfcergo 415:HDFC Bank 369:500 crore 346:474 crore 275:Insurance 45:talk page 16:HDFC ERGO 1587:Category 1383:Max Bupa 1335:Tata AIA 1325:SBI Life 1300:Peerless 1295:Max Life 1192:TATA AIG 1025:Category 960:Yes Bank 936:HDFC AMC 271:Products 233:Industry 1485:schemes 1119:General 968:(14.9%) 962:(7.97%) 470:History 459:Germany 425:Website 311:Revenue 154:improve 1462:Policy 1426:GIC-Re 1365:Health 976:People 811:  785:13 May 665:13 May 643:12 May 639:. mint 620:12 May 560:  410:Parent 143:, but 1547:Other 1280:Exide 1250:Aviva 1245:Aegon 532:(PDF) 251:India 1554:CISR 1449:NSDL 1444:CDSL 1237:Life 820:2023 809:ISSN 787:2021 667:2021 645:2021 622:2021 595:2023 569:2023 558:ISSN 463:BFSI 449:and 447:HDFC 434:.com 457:in 430:www 1604:: 803:. 603:^ 585:. 552:. 534:. 514:^ 264:MD 249:, 48:. 1058:e 1051:t 1044:v 873:e 866:t 859:v 822:. 789:. 767:. 753:. 739:. 725:. 711:. 697:. 683:. 669:. 647:. 624:. 597:. 571:. 538:. 390:₹ 367:₹ 344:₹ 321:₹ 266:) 197:) 191:( 179:) 173:( 168:) 164:( 150:. 117:) 111:( 106:) 102:( 98:. 80:. 55:) 51:(

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Joint venture
Financial services
Mumbai, Maharashtra
India
MD
Insurance
General insurance
Health insurance
Vehicle insurance
Travel insurance
Home insurance
Accidental insurance
Commercial Insurance
Operating income

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