About L&T General Insurance Company Limited
L&T General Insurance Company Limited is a company based in Mumbai (India) founded in 2010 was acquired by HDFC ERGO in June 2016.. L&T General Insurance Company Limited offers products and services including Auto Insurance, Health Insurance, Life Insurance, and Professional Liability Insurance. L&T General Insurance Company Limited operates in a competitive market with competitors including ICICI Lombard, Bajaj Finserv, SarvaGram, Bajaj Allianz General Insurance and Aditya Birla Capital, among others.
- Headquarter Mumbai, India
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Insurance Solutions Private Limited
- Date of Incorporation 07 Jan, 2004
- Jurisdiction Pune, Maharashtra, India
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Products & Services of L&T General Insurance Company Limited
L&T General Insurance Company Limited offers a comprehensive portfolio of products and services, including Auto Insurance, Health Insurance, Life Insurance, and Professional Liability Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides quotes for vehicle accident and liability protection.
Offers quotes for medical expenses and health coverage needs.
Delivers quotes for life event financial security and benefits.
Supplies quotes for malpractice and business risk protection.
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Funding Insights of L&T General Insurance Company Limited
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in L&T General Insurance Company Limited
L&T General Insurance Company Limited has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HDFC ERGO. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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General insurance services are provided across India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by L&T General Insurance Company Limited
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - LT General Insurance Company Limited
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
L&T General Insurance Company Limited Comparisons
Competitors of L&T General Insurance Company Limited
L&T General Insurance Company Limited operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ICICI Lombard, Bajaj Finserv, SarvaGram, Bajaj Allianz General Insurance and Aditya Birla Capital, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Life, health, and general insurance services are provided across India.
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Financial solutions including loans and insurance are offered.
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Provider of home, personal, farm and business loans
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Offers insurance for health, vehicles, travel, life, and commercial needs.
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Diversified financial services including investment, insurance, and lending are offered.
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| domain | founded_year | HQ Location |
General insurance services are provided across India.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on L&T General Insurance Company Limited
Frequently Asked Questions about L&T General Insurance Company Limited
When was L&T General Insurance Company Limited founded?
L&T General Insurance Company Limited was founded in 2010.
Where is L&T General Insurance Company Limited located?
L&T General Insurance Company Limited is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
What is the annual revenue of L&T General Insurance Company Limited?
Annual revenue of L&T General Insurance Company Limited is $990.34 as on Mar 31, 2017.
What does L&T General Insurance Company Limited do?
Established in 2010 as a subsidiary of LT Limited in Mumbai, India, general insurance services are offered across property and casualty, auto, and health lines. Coverage extends to a broad customer base, including individuals, small and medium enterprises, and large corporates. Emphasis is placed on rural and micro insurance segments to support diverse operational needs.
Who are the top competitors of L&T General Insurance Company Limited?
L&T General Insurance Company Limited's top competitors include ICICI Lombard, Bajaj Finserv and Aditya Birla Capital.
What products or services does L&T General Insurance Company Limited offer?
L&T General Insurance Company Limited offers Auto Insurance, Health Insurance, Life Insurance, and Professional Liability Insurance.
Who are L&T General Insurance Company Limited's investors?
L&T General Insurance Company Limited has 1 investor. Key investors include HDFC ERGO.
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