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Home Co-op News Snippets

Top 100 Digital Insurance companies: IFFCO-Tokio ranks 52nd globally

Staff Reporter by Staff Reporter
May 1, 2019
in Co-op News Snippets
0
Top 100 Digital Insurance companies: IFFCO-Tokio ranks 52nd globally
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A Hamburg based German company dedicated to scouting trends around the world has declared IFFCO TOKIO as the 52nd amongst Top 100 Digital Insurance companies in the world.

IFFCO-Tokio was recently in news for doubling its gross Written Premium to Rs 7050 crore in less than four years. Its “Muskurate Raho” insurance plan is said to be popular among middle class.

”In a world of an abundance it is hard to keep an overview, Curated lists can help”, says the Website announcing IFFCO subsidiary as one of the top digital insurance companies not only in India but also in the world.

Elated at the news IFFCO MD tweeted” Glad to share a good news with everyone. #IFFCO’s General #Insurance venture @IFFCO__TOKIO Stands 52nd amongst Top 100 Digital Insurance companies world wide. Here is the list of Top 100 Digital Insurance Companies.”

The author of the Repost says “In a world of an abundance it is hard to keep an overview. Curated lists can help. This was one reason for me to create out of hundreds of firms a list of top 100 digital insurance companies – insurers, re-insurers and brokers.”

Emphasizing the role of social media for communication with customers the report says “I believe in order to be able to modernize traditional companies it is essential to also modernize corporate culture. One indicator in my opinion is the use of social media as a channel to communicate with customers and employees.

The author of the report also clarifies “My ranking of the top 100 digital insurance companies is driven by an algorithm that measures influence on social media. I don’t have any influence on it – so all blame or fame goes to the algorithm.”

The IFFCO-Tokio is a joint venture promoted by IFFCO and its associates The Tokio Marine and Nichido Fire, the largest insurance company in Japan. “The Company is capable of addressing anxieties of the middle class through its various insurance products and unmatched service quality, claim insurance officials.

Tags: BreakingcooperativeGENERAL INSURANCEIFFCOMuskurate Raho
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