Mumbai, 02nd April 2024: SBI General Insurance Company Ltd., one of India’s leading insurance companies, in its efforts to strengthen its presence in Mumbai Metro, Maharashtra and Goa, inaugurated its new regional office in BKC, Mumbai. This strategic move signifies our dedication to establishing a central hub that will streamline various channels and lines of business across the region.
The opening of the new regional office marks a significant step towards bolstering insurance awareness, fostering economic growth, and underscores our unwavering commitment to delivering accessible insurance solutions to individuals and businesses alike.
The regional office was inaugurated by Mr. Kishore Kumar Poludasu, MD & CEO,SBI General Insurance Company Ltd., in the presence of Mr. G.S. Rana, Chief General Manager (Mumbai Metro Circle), State Bank of India, Mr. Arvind Kumar Singh, Chief General Manager (Maharashtra Circle), State Bank of India, and Mr. Vikas Bagai, Regional Head – West 1, SBI General Insurance Company Limited, and other esteemed dignitaries from State Bank of India and SBI General Insurance Company Ltd.
This milestone reaffirms SBI General Insurance’s mission to be at the forefront of providing innovative insurance solutions tailored to the unique requirements of the region. We firmly believe that our presence in BKC, Mumbai will not only enhance insurance accessibility but also catalyze economic development, ultimately benefiting all stakeholders involved.
Mr. Kishore Kumar Poludasu, MD & CEO of SBI General Insurance Company Ltd., said, “We are delighted to announce the launch of our new regional office, West 1 in BKC. This marks a significant step in expanding our presence in Mumbai Metro, Maharashtra and Goa regions. The establishment of our regional office underscores our commitment to expanding our footprint and serving as a catalyst for insurance awareness and economic growth in the region. With a focus on addressing the country’s low insurance penetration, we believe these efforts will strengthen our connections with end customers and contribute towards the ambitious goal of ‘Insurance for all by 2047’.”