Insurance solutions for realty sector from Sundaram Alliance
Royal Sundaram Alliance Insuranceis mulling to provide insurance cover for the risks associated with the booming realty sector.
By PTI |
NEW DELHI: Royal Sundaram Alliance Insurance, a joint venture between the UK-based Royal & SunAlliance and Indian NBFC Sundaram Finance, is mulling to provide insurance cover for the risks associated with the booming realty sector.
For this purpose, the UK-based company has appointed a management team for the infrastructure sector insurance in the middle east and Asia, including India, the company said today.
"Construction and engineering is one of the key initiatives for India as well as the rest of Asia & Middle East. With the management team now in place, I am confident that we will deliver our ambitious growth targets, said Royal Sundaram MD Ajay Bimbhet.
The team, Ajay said has 20 years of experience in the C&E industry and C&E related insurance.
For this purpose, the UK-based company has appointed a management team for the infrastructure sector insurance in the middle east and Asia, including India, the company said today.
"Construction and engineering is one of the key initiatives for India as well as the rest of Asia & Middle East. With the management team now in place, I am confident that we will deliver our ambitious growth targets, said Royal Sundaram MD Ajay Bimbhet.
The team, Ajay said has 20 years of experience in the C&E industry and C&E related insurance.
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