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Avantha ERGO Life Insurance

Mumbai, Maharashtra, India • 7 Employees
Insurance

About Avantha ERGO Life InsuranceAvantha ERGO is joint venture between Avantha Group and ERGO International. The joint venture will offer a wide range of flexible life insurance products. The life insurance joint venture, with its head office in Mumbai, will primarily offer unit-linked and traditional insurance products to its customers. The Joint venture will primarily leverage ERGO"s expertise in product development, multi distribution approaches and risk management, and will be complemented by Avantha"s strong Indian heritage and its reputation as a leading Indian corporate house.About Avantha Group The Rs 25,000 crores (US$4bn) Avantha Group is one of India's leading business conglomerates. Its successful entities in diversified sectors include Crompton Greaves (power transmission and distribution equipment and services), BILT (paper & pulp), The Global Green Company Limited (food processing), Biltech Building Elements Limited (infrastructure), Avantha Power (energy), Salient Business Solutions Limited (IT and ITES), Jg Glass (glass containers) .With a global footprint, the Group operates in 90 countries with more than 25,000 employees worldwide. Led by Gautam Thapar, Avantha demonstrates strong leadership globally and emerges as a focused corporate, leveraging its knowledge, leadership and operations, adding lasting value for its stakeholders and investors.For more information on Avantha,visit www.avanthagroup.com About ERGOERGO is one of the major insurance groups in Europe and part of Munich Re, one of the world's leading reinsurers and risk carriers. Worldwide, ERGO is represented in over 30 countries and concentrates on Europe and Asia. The new life insurance joint venture will broaden ERGO's product portfolio in India. ERGO already offers non-life insurance products via HDFC ERGO, which is a joint venture with HDFC Ltd. The company is one of the top four private non-life insurers in the country. For more information, visit www.ergo.com.