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Liberty Videocon eyes motor insurance business

New Delhi , News Nation Bureau | Updated : 03 July 2016, 03:23 PM

Liberty Videocon General Insurance Company Limited, a joint venture between India’s Videocon Industries Limited and Liberty Citystate Holdings Pvt Limited, part of US-headquartered multinational Liberty Mutual Insurance Group (, announced its plan to open pan India offices across various locations In India.

Liberty Videocon General Insurance has been operating in India since year 2013, with presence in select cities in India. It has announced its plan to open many more offices in various cities in India.

Commenting on the development Pankaj Arora, Country Head –Retail Business, Liberty Videocon General Insurance Company Limited said that the company has shown robust growth since the launch of operations in 2013, now we plan to take the growth to the next level, by enhancing our presence in many more locations. “He said that we will be opening up around 40 more branches in tier 2 & tier 3 towns in India in next 4 months. This will take our presence to almost 80 locations across Tier 1 , 2 & 3 cities in India”.

Arora was in Delhi during the Flames of Liberty 2016 souvenir launch. Flames Of Liberty is a nationwide intermediary enagement programme launched by Liberty Videocon General Insurance to engage with distributors and agents effectively.

As its name indicates, this policy will offer a multi-year coverage to customers and relieve them from renewing it every year. The customers can insure his two-wheeler for two to three years under a single policy document. The policy will offer protection against hike in Third Party (TP) Premium every year and add-on coverage with extra shields. With attractive add-ons, the policy will provide a Roadside Assistance Cover, Gap Value Cover and Engine Safe Cover.

First Published: Sunday, July 03, 2016 03:20 PM
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