Non-life insurance companies are expected to shell out as much as Rs 500 crores for the losses in Surat. Insurance companies are trying their best to have everything in place in order to deal with the situation in a better way. IFFCO TOKIO a leading insurance firm had this to say about the Surat floods: “We have a dedicated claims team and a devoted customer service centre in Vadodra, which is backed by robust IT infrastructure that is strong enough to handle large volumes of documents. All IFFCO branches and distributors being networked, enables a detailed, accurate and speedy settlement of claims, helping IFFCO achieve above 90% claim settlement ratio on an average.”
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Source:- IIPM Editorial
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Saturday, September 23, 2006
Non-life insurance companies are expected to shell out as much as Rs 500 crores for the losses in Surat.
