Wednesday, October 21, 2009

Oriental insurance to launch new schemes

Public sector general insurer Oriental Insurance Company on Thursday said it is planning to launch four new schemes including two health insurance schemes.

Oriental Insurance Company Chairman M Rama doss said. "We have filed offer documents for four new schemes with the regulator, He said " These include two health insurance plans, including overseas mediclaim and two motor vehicle insurance schemes,. The company is awaiting IRDA approval, he said, adding, Oriental currently offers 160 schemes under different segments.

Meanwhile, the company launched a portal offering customers to buy policies online. He said, "From today onwards customers can get vehicle insurance, personal accident cover, householder's insurance online and even claims can be developed through the portal,"

He claimed, With the launch of the portal, Oriental Insurance became the first public sector general insurance company to offer this facility to the customers.

The portal is included with the company's core insurance system and it would enable the various stakeholders of the company to get real time information about their policies, claims and grievance, he said.

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