Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank’s 100% subsidiary - Kotak Mahindra General Insurance Company (Kotak General Insurance) has been granted the certificate of registration (Form IRDA/R3) to commence business as an Indian Insurance company. With this, the company has completed all registration formalities required by the regulators. Kotak General Insurance has received permission to underwrite all classes of General Insurance Business (Including Health Insurance).

Kotak General Insurance will initially focus on the retail side of the business comprising Motor Insurance, Health Insurance, Home Insurance and Travel Insurance. The company will soon expand into the commercial lines of business, which includes Fire, Burglary, Marine, etc.

Kotak General Insurance has been established to service the growing non-life insurance needs of an emerging India, emphasizing on customer service, quality and innovation.