Mumbai, February 4, 2022: On
World Cancer Day, SBI General, one of India’s leading General Insurance
companies announced that it has joined hands with CanKids, The National Society
for Change for Childhood Cancer in India, an NGO working across the entire
spectrum of childhood cancer care. This partnership will help the children
suffering from cancer with medical facilities.
According to the Indian Cancer Society, more than 50,000 new childhood cancer cases are added every year in India. SBI General recognises that many families have limited economic resources to access quality healthcare and treatment for children suffering from cancer.
PC Kandpal, MD & CEO, SBI General Insurance said, “At SBI
General, we are committed to contribute to the society at large, and will
continue our strategic associations with organisations that drive a positive
impact. As an organisation, ‘health’ is one of our key focus areas even under
CSR efforts, and our association with CanKids allows us to support
underprivileged children and families battling cancer by helping them avail the
right treatment.”
As a responsible corporate, SBI General believes in implementing initiatives and extending support that can help benefit the economically weaker sections of the society.
About SBI General Insurance Company Limited:
SBI General is one of the fastest growing private general insurance
companies, with the strong parentage of SBI, we, at SBI General Insurance, are
committed to carry forward the legacy of trust and security; and have a vision
is to become the most trusted general insurer for a transforming India.
Ever since our establishment in 2009, from 17 branches in 2011, we
have expanded our presence to over 137 branches pan-India. Till date, we have
served around 8.7 crore customers.
We follow a robust multi-distribution model
encompassing Bancassurance, Agency, Broking and Retail Direct Channels. On the
distribution network front, we have strong distribution partners adding up our
reach to every nook and corner of India, with SBI’s over 22000 branch network,
Agents, other financial, OEM and digital partners.
We currently serve three key customer
segments viz. - Retail Segment (catering to Individual & Families),
Corporate Segment (catering mid to large size companies) and SME Segment; and
are future-ready to serve the growing needs of Indians with new age-processes
and services at affordable prices.
SBI General Insurance closed the
financial year 2020-21
with a Gross Written Premium (GWP) of Rs. 8312 crorewith a growth of 22% and net profit of
the Company grew by 32%. The company has shown steady growth for the past 4
years, while maintaining positive track record of underwriting.
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