SBI General Insurance

SBI General Insurance Company Limited, founded in 2009 and operational since 2010, is a leading private general insurer in India.

Headquartered in Mumbai, the company is backed by the State Bank of India, which holds a significant stake. SBI General serves over 34 crore customers through a network of more than 140 branches across 110 cities in India. The company offers a wide range of general insurance products tailored for retail, corporate, SME, and rural customers. Their offerings include motor, health, home, travel, and personal accident insurance for individuals, as well as fire, marine, engineering, and aviation insurance for businesses. SBI General is known for its high claim settlement ratio of 98% in FY23 and has received multiple awards for its service quality. With a strong distribution model that includes bancassurance through SBI branches, agents, and digital partnerships, SBI General continues to expand its reach and enhance its product offerings.