Priti Singh
Consultant in India
Priti Singh
Consultant in India
About us
Zurich Insurance Company Limited has entered the Indian insurance market through an alliance with Kotak Mahindra Bank.
Established in 2015, Kotak Mahindra General Insurance Company Limited is one of the youngest and one of the fastest growing non-life insurance segment in India, offering an array of products like Motor, Health, Home etc.
On 18th June, 2024 - Zurich Insurance Company Limited (“Zurich”) announced the successful completion of acquiring 70% stake in Kotak Mahindra General Insurance Company Limited from Kotak Mahindra Bank Limited, following the receipt of all necessary regulatory approvals.
The combined entity will bring to the Indian market - Zurich and Kotak’s collective commitment to trust, innovation, integrity, and customer service. In due course, the business will adopt a new brand that represents both Zurich and Kotak as shareholders.
Zurich is fully committed to fostering the development and expansion of India’s insurance sector in keeping with the Insurance Regulatory and Development Authority of India’s (IRDAI) goal of achieving “Insurance for All” by 2047.