DHFL General Insurance to start operations soon

DHFL General Insurance today said it has received certificate of registration from the Insurance Regulatory and Development Authority of India (IRDAI) and will start its business operations soon.
The venture has been promoted by Wadhawan Global Capital ((WGC)), whose flagship brand is Dewan Housing Finance Ltd (DHFL), a listed entity.
"Our general insurance venture would help us in our commitment to offer protection and mitigate the economic effects of illness, accidents, death, disability and disasters," Kapil Wadhawan, chairman of WGC, said in a statement.
"It also helps us provide the protection for assets as a safety net to cope with economic consequences of unexpected events," said Wadhawan, who is also chairman of DHFL General Insurance.

Along with the traditional channels, the focus of this new venture would be to give a cutting edge digital experience to the customer that will empower them to take insurance buying decisions, he added.
"DHFL General Insurance will focus on providing a positive customer experience not only at the point of sale but across the customer engagement cycle to ensure customer retention," said Vijay Sinha, CEO-designate of DHFL General Insurance.