Warren Buffett, the legendary and most successful investor has set up a shop in India that will sell motor insurance policy of Bajaj Allianz. The shop is in the form of a website www.berkshireinsurance.com
Individuals that have bought Bajaj Allianz motor insurance policies through this site will get a chance of a lifetime to meet Warren Buffett, one of the wealthiest people in the world, on his visit to India. Buffett, who is the Chairman and CEO of Berkshire Hathaway, will meet policyholders on 25th March in New Delhi’s Taj Palace Hotel.
Berkshire Hathaway is headquartered in Omaha, Nebraska in United States. The company has a strong presence in insurance and oversees a number of subsidiary companies including GEICO and National Indemnity. Berkshire’s insurance and reinsurance business activities are conducted through approximately 70 domestic and foreign-based insurance. All the major subsidiaries have an AAA rating by Standard & Poor Corporation.
Warren Buffett is due to visit India next week to launch the insurance portal, marking the firm’s entry into the insurance sector.
Kara Raiguel, India Director of Berkshire Hathaway said, “We are very happy that the launch of our operations coincided with our chairman’s visit to India and hence decided to give our valued customers an opportunity to meet and interact with Buffett. This special opportunity is available to customers across India.”
