Gurugram,
04th December 2025.
One
of India’s leading general insurance companies IFFCO-TOKIO General Insurance
Company Limited (IFFCO-TOKIO GIC)is celebrating its 25th year
(Silver Jubilee) of its foundation. Over this momentous journey, the company
has been working with an objective of ‘Spreading Happiness’ (‘MuskurateRaho’)
in the lives of its customers with customized policies and one of the best
claim settlement rates in India.
Establishedas
a joint venture between IFFCO and Japan’s Tokio Marine Group and receiving
license from IRDAIin 2000, IFFCO-TOKIO's journey has been epitome of unwavering
trust and dedication to making insurance accessible to every individual,
household, and business.
With
a modest beginning 25 years ago, the company now caters about 86+ Lakh policies
through 1000+ offices and 35,000 agents, strengthened by decades of trust.
Taking
inspiration from various initiatives of IRDAI, IFFCO-TOKIO has brought out affordableinsurance
solutions forunder-covered communities.To serve this purpose, companyhas tied
up with a number of cooperatives to distribute micro insurance for package
policies, health, and motor policies.
Reminiscing
on IFFCO-TOKIO GIC’s memorable journey and future ahead, Mr. Subrata Mondal,
Managing Director& CEO said, “While at the beginning we were guided by the
principal of affordable insurance, the vision has gotenlarged to align with
people’s aspirations and robust economy, while committed towards IRDAI’s
“Insurance for All by 2047”. Having laid out strong technological foundationwith
trust, innovation and resilience at core, IFFCO-TOKIO is now entering into transformational
next leg of growth with an aim of building one of the bestcustomer-focussed,
innovative and socially responsible insurance company in India.”
Mr.
Mondal further stated that company’s expansion both in terms of customers and
employees exemplifies its inclusive growth. While encouragingfemale
participation, company provides ample opportunities to rise the ladder,
highlighting commitment to gender diversity and equality.Additionally, insurer
has provided training to over 5,000 women agents fostering financial inclusion
and community trust.
The
Company has been at the forefront of social welfare through Corporate Social
Responsibility initiatives. IFFCO-TOKIO's CSR initiativesare designed to
empower rural youth, especially female, through education and skill
development, improving healthcare in underserved areas, and promoting
sustainable practices for a greener future.
Over
its 25-year journey, IFFCO-TOKIO has been honoured with numerous awards and
recognitions across business excellence, innovation, and customer service.
These include the ‘Tokio Marine Group Award 2025’ for exceptional achievement
in transforming the Motor Own Damage (OD) Claims operations in Tokyo, and the
‘India’s Top General Insurance Company Award 2025’ by Entrepreneur Outlook
Magazine. The company also received the ‘Best DevOps Culture (General
Insurance)’ and ‘Best Incident Response Strategy for Application Security –
General Insurance’ awards from Quantic India at the 8th Edition India DevOps
Show 2025.
Further,
IFFCO-TOKIO earned the prestigious title of ‘Asia’s Best General Insurance
Company – 2025’ at the Asia Excellence Awards 2025 by Insights Success Media,
as well as the ‘Top Healthcare Insurance Company’ award at the 16th Elets Healthcare
Innovation Summit. It was also recognised with the ‘Best Customer Service
Insurance Company Award’ at the India Insurance Summit & Awards 2025 by
Synnax Group, and the ‘Non-Life Insurance Award’ for Excellence in Operational
Efficiencies using Emerging Technology at the IBEX India BFSI Technology Awards
held at the Jio World Convention Centre, among several others.