Mumbai: Bharti AXA General Insurance said it has received the certificate of registration by the Insurance Regulatory Development Authority to commence operations.
Following this, the company would shortly commence its business operations, Bharti AXA General Insurance, Chief Executive Officer, Milind Chalisgaonkar, said.
“We are confident of serving customers with our innovative products, strong distribution, personalised service and efficient claims settlement,” Chalisgaonkar said.
Headquartered in Bangalore, Bharti holds 74% stake in the insurance JV while AXA has a 26%.
Both companies had entered into a life insurance joint venture in 2006 and has another JV partnership in asset management--Bharti AXA Investment Managers.