The Delhi office will be the insurer’s 17th company-owned facility in the country. It will act as the nerve centre for its northern operation.
North India currently contributes 21.6 per cent to its overall business portfolio. With this expansion, the company is expecting to push this figure up to 30 per cent.
Suryanarayanan, Managing Director, Chola MS General Insurance, said, “The launch of our zonal headquarters in Delhi is a strategic step in our mission to deepen insurance penetration and become the preferred insurance partner in the North.”
Currently servicing over two lakh customers in the region, Chola MS operates through a multi-channel distribution model such as agents, brokers, bancassurance, digital platforms and new-age micro-insurance products.
