Royal Sundaram, a private general insurer, is celebrating its 25-year milestone in the Indian insurance industry. Since its inception in 2000, the company has consistently demonstrated its commitment to simplifying insurance and making it more accessible to millions of customers across the country. With a strong foundation built on trust, transparency, and long-term relationships, Royal Sundaram has protected over 2 crore customers across various insurance segments, including motor, health, travel, home, and commercial insurance.
The company’s journey has been marked by several industry-first initiatives, pioneering bancassurance partnerships, and a focus on digital transformation. Royal Sundaram has introduced various digital-first platforms to make customer interactions seamless, while also ensuring that customers receive a human touch when they need it the most. The company’s products are designed to be simple, transparent, and easy to understand, with a focus on safeguarding what matters most to customers.
The leadership team at Royal Sundaram has expressed their pride and commitment to the company’s mission of delivering protection and peace of mind to customers. Mr. Harsha Viji, Vice Chairman of Sundaram Finance, highlighted the company’s values of trust, transparency, and long-term relationships, which have been instrumental in building a strong foundation for Royal Sundaram. Mr. Filip Coremans, Managing Director (Asia) of Ageas Group, praised the company’s innovative approach and adaptability to customer needs, while Mr. Vedanarayanan Seshadri, Managing Director of Royal Sundaram, acknowledged the trust placed in the company by customers, partners, and employees.
As Royal Sundaram looks ahead to its next chapter, the company plans to focus on deepening its presence in retail and commercial segments, creating more phygital experiences that blend personal trust with digital convenience, and leveraging AI and advanced analytics for personalized protection. The company also aims to strengthen its ESG initiatives, delivering lasting impact for the communities it serves and the environment. With a strong foundation and a clear vision for the future, Royal Sundaram is well-positioned to continue its journey as a trusted name in the Indian insurance industry.