Financial Daily from THE HINDU group of publications
Thursday, Aug 14, 2003
Financial Daily from THE HINDU group of publications Thursday, Aug 14, 2003 |
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Money & Banking
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General Insurance Industry & Economy - SSI Royal Sundaram's schemes for SMEs Our Bureau
Chennai , Aug.13 ROYAL Sundaram, the Chennai-based private non-life insurer, has introduced `Enterprise' - a suite of products that provide "specialised and tailored covers designed to cater to the requirements of small and medium industries." The product offers the policyholder the convenience of covering all their risks under this "single policy." Enterprise provides fire, marine, engineering, public liability and product liability covers for offices, shops, dealers/distributors and retailers, hotels, manufacturing units, motor dealers and property owners.
According to Mr Antony Jacob, Deputy Managing Director, Royal Sundaram, "SME business for 2003-04 is expected to constitute over 8 per cent of our total premium income."
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