Tata AIG Rural - PowerPoint PPT Presentation

Loading...

PPT – Tata AIG Rural PowerPoint presentation | free to download - id: 6f51ba-YTY5N



Loading


The Adobe Flash plugin is needed to view this content

Get the plugin now

View by Category
About This Presentation
Title:

Tata AIG Rural

Description:

... 2Wheeler, Cycle ... Micro Health Ins Life Ins Hut / Disaster Ins GPA Cover Micro Health Ins Life Ins Finance MFI NGO SHG Dairying Coop. Dairy ... Product Provides ... – PowerPoint PPT presentation

Number of Views:32
Avg rating:3.0/5.0
Slides: 27
Provided by: Kira77
Learn more at: http://sa-dhan.net
Category:
Tags: aig | cycle | dairy | life | product | rural | tata

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Tata AIG Rural


1
Tata AIGRural Social Initiative
Kiran Kumar K -Tata AIG
2
Cattle Insurance
3
Rural Market Segmentation
4
Market Potential Cattle
  • India has the largest cattle population in the
    world approximately 283 million cattle,
    constituting 30 of the worlds cattle population.
  • Cattle in India is predominantly buffalo. Cows
    make up 30 of the cattle population
  • India is the largest producer of milk (100
    Million Tones). Even with per capita milk
    production being one of the lowest in the world
  • It is one of the few countries where cattle is
    considered holy and revered with religious
    fervor.
  • It drives the secondary economic activity in
    rural India. The primary being agriculture.

5
Cattle Insurance - Product
For Cow, Buffalo, Stud Bull
  • Provides comprehensive cover to cattle against
    death due to
  • Diseases
  • Accidents
  • Natural calamities
  • Riots, Malicious damage, Terrorism
  • Permanent loss of milk yielding capacity due to
    disease
  • EXCLUSIONS
  • Intentional slaughter of the animal
  • Missing, Theft and/or clandestine sale of the
    insured animal
  • Partial Disablement of any type, whether
    temporary or permanent
  • Permanent Total Disablement (PTD) - incapacity to
    conceive or yield milk
  • War, nuclear material or weapons.
  • Consequential loss of whatsoever nature
  • Claim arising due to disease contracted within 15
    days from risk date
  • Claims received without intact Ear tag

6
Issuance Process
  • Identification of Cattle is key to successful
    implementation of cattle insurance
  • Identified with unique numbered polyurethane (PU)
    Ear-tags
  • This is done by proper Tagging of the animal at
    the time of acceptance for insurance


7
Issuance Process
  • Tagging shall be done by trained officer
  • Check and confirm the health of the animal
  • Tag the animal successfully with PU tag
  • Digitally photograph the animal along with the
    insured


8
Front View
  • Identify Tag No.
  • Identify shape of horns
  • Identify facial colour and marks


9
Side View
  • Identify the owner
  • along with the animal
  • Identify health of
  • the animal
  • Identify the colour and marks on the animal



10
Rare View
  • Identify the udder of the animal
  • Identify the shape of the legs
  • Identify the health of the animal
  • Identify colour and marks on the tail


11
Adverse Selection
12
Adverse Selection
13
Issuance Process
  • Prepare the Schedule of animals tagged for
    insurance


14
Proposal cum Schedule Form
15
Issuance Process
  • Hand over a vernacular pamphlet on animal care
    and contact info in event of claim.
  • Proposal form (Hard/Soft Copy) and Digital
    Photographs to sent to the insurance company
    within the next 48 hours
  • In the event of claim field staff will intimate
    the insurance company on the Toll free No.
  • Field staff will help the surveyor in identifying
    the animal and facilitates necessary
    documentation.


16
Issuance Process
  • Retagging
  • Inform the Insurance Company immediately
  • Arrange for retagging the animal
  • Digitally photograph the animal once again
  • Fill up a fresh proposal cum schedule and submit
    the same along with the photographs.


17
Claims Settlement
  • Experience with various set ups
  • NGO/MFI/NBFC
  • Private Dairies
  • Co Operative Dairies
  • Government Projects

18
Claims Settlement
  • All genuine claims have been settled with 15
    working days
  • Proper underwriting ensures profitability in the
    long run to
  • The Insured
  • The Partner
  • Then Insurance company


19
Our Strengths
  • The salient features of our service
  • We fundamentally believe in standardization of
    services up to the last mile
  • Our product strength lies in our capacity to
    customize processes, which mitigates hardships in
    verification for insurance and reporting of
    claims.
  • We will ensure proper risk management and
    consequently a better portfolio which is
    fundamental to a successful Insurance program.
  • Our hi-tech risk management expertise will help
    reduce premium rates in the long run, much to the
    benefit of the customer.
  • Claim Surveyor network across the country.
  • In house claims process for faster settlement.

20
MFI Role in Rural Insurance
  • Strength
  • Trust-worthiness
  • Knowledge of rural markets
  • Well spread out Network
  • Network at affordable cost
  • Large customer base

21
MFI Role in Rural Insurance
  • Benefits
  • Secures MFIs loans
  • Protect members loans
  • Value added services
  • Capacity building in terms of soft skills

22
MFI Role in Rural Insurance
  • Opportunity
  • New channels of business
  • PROPERTY RISKS
  • Vehicle
  • 2 Wheeler
  • Personal car
  • Commercial vehicle
  • Tractor
  • Property
  • Home/ Hut
  • Shops Outlets
  • Schools
  • Machinery/ Pump-set
  • PEOPLE RISKS For Members /
    Employees
  • Accident/ Injury
  • Health Hospitalization

22
23
Our Milestones
  • Cross Section of our Strategic Tie-ups
  • NGO/MFI/NBFC
  • Indira Kranthi Pathakam Vishakapatanam
  • Grameen Koota Karnataka
  • Nava Karnataka Rural Development Society -
    Karnataka
  • Private Dairies
  • Dolphin Dairy Andhra Pradesh
  • Creamline Dairy Products Ltd
  • Co Operative Dairies
  • Baroda Dairy - Gujarat
  • Amul Dairy Gujarat
  • Mehsana Dairy - Gujarat
  • Government Projects
  • LDB/LDA Projects UP, Haryana Rajasthan,
    Madhya Pradesh, Maharastra and Chhattisgarh

24
Tata AIG Presence
Existing Sales Offices 84
Local OfficeTata AIG General Insurance Co
LtdII Floor, My Home Tycoon,Greenlands,
BegumpetHyderabad 500 017Email id
kumar.kiran_at_tata-aig.comPhone No 040
66575914Mobile No 098855 22555
25
  • Appreciation from partners

26
Together We Can !!!
About PowerShow.com