Business

The new insurance portal aims to benefit SMEs of Rs 500 million in a financial emergency.Know the details

Alliance Insurance recently launched a portal to classify small and medium-sized enterprises (SMEs) of Rs 500 million into the insurance category. This new platform, called SME Insure, benefits small businesses (MSMEs), small businesses, and business owners in a financial emergency.

From purchasing insurance to renewing coverage to filing claims, customers will be able to manage all insurance-related queries under SME Insure. Indian SMEs have been severely affected by the coronavirus pandemic and national blockade. This new portal aims to enable the SME sector to manage multiple risks on a single platform. “A dedicated small business insurance platform helps manage the crisis effectively,” said the insurer.

Buyers have the option to select products from a variety of well-known insurance service providers and compare them on the SME Insure portal. Insurance from well-known insurance companies such as HDFC Ergo, Bajaj Allianz, Iffco Tokio, Tata Aig, Liberty General Insurance, Raheja QBE, Reliance General Insurance and SBI General will be available.

Insurance services are provided in digital form through the SME Insure Portal, in physical form, through personal assistance of the individual.

“Consumers can choose the best products, determine requirements from these insurers based on our platform and compare them on our platform. Minimized by the use of technology. We help them do all the paperwork. Our physical model helps drive the spread of insurance to small and medium-sized businesses across the country, “said Aatur Thakkar, director of Alliance Insurance. I will.

SMEs can take out professional liability, directors and officers, maritime, fire and robbery insurance. This platform helps small businesses ensure that they save on premiums compared to other companies’ products.

“Recommendations on the value of insurance will handle inadequate insurance payments more broadly in the event of an unfortunate event and will provide support from start to finish,” said Alliance Insurance. ..

In the first phase, the company will focus on the hospitality industry, shop owners, salons, offices and educational institutions. “In the first year, I contacted SMEs over 500 million rupees and 10 chlores. SMEs offer great opportunities to the insurance industry. About 97% of SMEs are not insured domestically, “Tucker added.

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The new insurance portal aims to benefit SMEs of Rs 500 million in a financial emergency.Know the details

Source link The new insurance portal aims to benefit SMEs of Rs 500 million in a financial emergency.Know the details

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