Future Group is already planning to sell out their stake in Future Generali Life Insurance Company.

Future Group is a multi- format retail group that caters to the various needs to the customers. It includes the businesses in areas such as retail sectors like food, fashion, General Merchandise and Home, Finance sector like Consumer finance and Insurance sector, Service sector like supply chain and logistics etc. It employs more than 35,000 employees across the sectors. Future group has...  Read More »

Future group which has wanted to exit the insurance space might have finally found a buyer in Reliance General. Industry sources suggest that Anil Ambani led Reliance General may merge with Kishore Biyani led Future Generali.



Future may exit the general insurance business thereby making way for Reliance to take over its place in the joint venture. And Reliance may eventually merge the two non-life insurance ventures into one retaining Generali as the foreign arm.

Reliance Capital,...  Read More »

Future Generali Life Insurance Company is on the lookout for a suitable banking partner for distributing their products. The bank channel is a crucial one for most life insurance companies as it does not involve any setup costs and they get easy access to a large customer base.

Insurance Regulatory and Development Authority (IRDA) has slapped a fine of Rs 20 lakhs on Future Generali Life Insurance for violation of norms.

According to IRDA, Future Generali permitted various unlicensed individuals to solicit and procure business through Insurance For You (Future) when the entity itself was not licensed i.e approved by the Authority as Corporate Agent.

In April, 2011, IRDA carried out an onsite inspection at the Hyderabad Branch of Future Generali to investigate...  Read More »

Future Group, led by its founder and Group CEO, Kishore Biyani, is set to exit from its life insurance joint venture – Future Generali Insurance.  According to latest media reports, the company is already in advance talks with Industrial Investment Trust (IITL).
 

Future Generali General Insurance Company is a joint venture between the Future Group of India and the Italy’s Generali Group. Future Group holds 74% stakes while the remaining 26% stakes is held by Generali Group.
 

The insurance...  Read More »

In a new marketing and branding initiative, Future Generali, a 74:26 joint venture between Future Group and Italy’s Generali, has partnered with the makers of Marathi movie Dubhang.
 

Through this novel promotional campaign, it aims to reach out to the Maharashtrian audiences as Marathi cinema is very popular with the local audiences. Dubhang is produced and directed by Mahesh Kothare who is very popular in the Marathi film industry.

Commenting on the tie-up, Arnab Mallik, CMO, Future...  Read More »

In an attempt to grow and retain their insurance agent base, Future Generali Insurance Company has launched a new campaign called ‘Ab Nibhao Rishtedari’. 

Recruiting new insurance agents and retaining them, is one of the major challenges faced by life insurance companies. No two insurance products are the same and hence insurance companies spend a lot of time and effort in training and ensuring that their agents have good knowledge about the product that they need to pitch to prospective...  Read More »

Future Generali India Insurance Company has launched an innovative service for its motor insurance customers. Aptly named as Future Xpress and Future Xpress+, this new service is aimed towards simplifying the exhausting, time consuming and lengthy motor claim process. The company aims to offer its customers a more personalized service and enhanced touch points for smooth and speedy motor claims settlement.

While Future Xpress+ is targeted for those who wish to get their loss assessed and...  Read More »