Kotak General Insurance has rebranded itself as Zurich Kotak General Insurance. This rebranding follows the acquisition of a majority stake in the company by Zurich Insurance Group that finalised on 18th June, 2024. The new identity, Zurich Kotak General Insurance, reflects the integrated strengths and values of both companies, emphasising a shared dedication to trust, innovation and customer service.
Tulsi Naidu, CEO- Asia Pacific, Zurich Insurance Group said, “This rebranding to Zurich Kotak General Insurance represents a significant step in our shared journey to create a premier general insurer for the new India. This new identity is not just a change in name but a reflection of our combined strengths, values and commitment to deliver insurance solutions tailored to the diverse needs of Indian consumers and businesses.”
The rebranding of Kotak Mahindra General Insurance as Zurich Kotak General Insurance marks a pivotal moment for the company as it seeks to combine Zurich’s global expertise with Kotak’s extensive knowledge of the Indian market to offer bespoke insurance solutions.
The revamped entity is set to play an enhanced role in India’s insurance landscape, focusing on promoting financial security and resilience nationwide. Suresh Agarwal, Managing Director and CEO, Zurich Kotak General Insurance, stated, “We will continue to work towards enhancing insurance penetration in the country through technology, scale and bringing global best practices to our business, keeping customers at the core of it.”
In conjunction with the rebranding, the company has reconstituted its board of directors, bringing in experienced industry leaders known for their growth and innovation strategies.
