Royal Sundaram is a joint venture between Sundaram Finance and Royal & SunAlliance and in April 2000, a letter of undertaking was signed to establish a joint venture insurance company.

On 28th August 2000 the licence application was submitted to the IRDA and the license was granted to Royal Sundaram on 23rd of October 2000 by the IRDA, making us the first foreign Joint Venture to obtain a license for conducting in the Non-Life segment.

Royal Sundaram was formally launched as a company on 12th March 2001 and is now in its sixth year of operation.

The shareholders of Royal Sundaram are as follows:

Sundaram Finance and Associates 74%
Royal & SunAlliance Plc. London 26%

Working from a Corporate office in Chennai, Royal Sundaram has four fully operational Regional Centres in Chennai, Mumbai, Guargon and Kolkata supported by a network of 35 Branch Offices. Each of these Regional Offices are staffed by a team of insurance professionals responsible for Customer Servicing, Business Development, Underwriting, Operations and Claims Management.

For further information mail to us at ibidelhi@gmail.com, ria@surekhae.com