Thomas Cook India Limited has created a subsidiary company which will be dealing in Insurance products in India. The company which is called Thomas Cook Insurance Services (India) Limited. This new subsidiary will be dealing in General Insurance products of Bajaj Allianz across India.
The Managing Director of Thomas Cook India Limited, Mr Madhavan Menon has mentioned that he is proud of this new development and is very happy when it comes to the companies association with Bajaj Allianz. Various types of Insurance products such as Travel Insurance, Motor Insurance, Health Insurance and other General Insurance products will be sold.
Most of the focus on travel insurance products and bundles but the company has plans of diversifying into other insurance products. Future expansion is on the cards and if this venture does well the company intends to dip their fingers into other financial services and products.
Bajaj Allianz products are being sold by many Insurance aggregators in the Indian market. Thomas Cook Insurance Services is another addition to this list of companies in a very competitive market.
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