Future Generali General Insurance

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Future Generali General Insurance Company is a joint venture between the Future Group of India and the Italy based Generali Group. The partnership between these 2 groups continues in the life insurance business also.

Future Group is a well known brand in India with the Big Bazaar and Pantaloon chain of stores being its most well known entities. The group’s primary and best known interest is the retail business. The group is establishing its finance arm with Future Capital and has plans of building a strong consumer finance network.

The Generali Group of Italy is the largest insurance company in Italy and is major insurance player in Europe with presence in 68 countries and having 70 million clients worldwide. The company was founded way back in 1831 and has since been a big insurance player in Italy and Europe. The company is actually called Assicurazoni Generali.

Future Generali has access to a large number of customers due to the retail network they have. The consumer finance business too has more than 150 branches and helps the company spread its reach. The company was first to launch what it calls Mallassurance – selling insurance policies to customers to who visit their malls. 

KG Krishnamoorthy Rao is the Managing Director & CEO of Future Generali General Insurance.