Liberty Videocon General Insurance

Liberty Videocon General Insurance is a general insurance company based in Mumbai, India. Liberty Videocon General Insurance is a joint venture between the Boston-based insurance company Liberty Mutual Insurance Group and India-based Videocon Industries ^{[1][2][3][4][5][6][7]} Liberty Videocon operates in 20 offices across 18 cities in India.^[8] The company has approximately 450 employees. Liberty Videocon has stated that it aims to expand by establishing 25 more offices across the country by the end of 2014.^[9]

Liberty Videocon’s offerings targeting individuals include Motor insurance, Health insurance, Travel insurance, Personal insurance and Engineering insurance. They also market Property insurance, Fleet insurance and liability insurance in the corporate segment.

Liberty Videocon operates in 20 offices across 18 cities in India. The company has approximately 450 employees. Liberty Videocon has stated that it aims to expand by establishing 25 more offices across the country by the end of 2014.

History

Liberty Videocon is a subsidiary of the Liberty Mutual Group which was established in 1912 as the Massachusetts Employees’ Insurance Association (MEIA). The first branch office was opened in 1914, and later that year, the company wrote its first automobile insurance policy. The name was changed in 1917 to the Liberty Mutual Insurance Company, and through partnerships, the company began offering full-coverage auto policies Liberty Videocon got approved by IRDA in the Year 2013 to run the General Insurance operations in India.^[12]

References