About SBI General Insurance:
SBI General Insurance Company Limited is a joint venture between the State Bank of India and Insurance Australia Group (IAG).SBI owns 74% of the total capital and IAG the remaining 26%.SBI General closed the financial year 2012-13 (3rd year of operation) with a Gross Written Premium of Rs.770.85 Crores registering a growth of 208%.During the year 2012-13, SBI General in association with State Bank of India covered over 1 Crore Saving Bank Account holders of SBI with a Personal Accident Insurance cover worth Rs.4 Lakhs. SBI General has also established its presence in nearly 14,000 Branches of State Bank of India.SBI General follows a robust multi-distribution model encompassing Bancassurance, Agency, Broking and Retail Direct Channels. Today, SBI General's Distribution family includes over 9,400 IRDA certified SBI and its Associate Bank employees and over 3,200 Agents.
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