Raheja QBE General Insurance Company
Raheja QBE General Insurance Company Limited Overview
Raheja QBE General Insurance Company Limited came into existence with a joint venture between the Prism Cement Limited of Rajan Raheja Group and QBE Holdings Proprietary Limited of Australia. When it comes to share, the Prism Cement Limited attains a stake of 74%, whereas QBE Holdings holds the remaining 26% stake in the Raheja QBE general insurance company. Praveen Gupta is managing the positions of CEO as well as Managing Director of Raheja QBE General Insurance Company Limited and Rakesh Sharma is appointed as the Chief Financial Officer.
The Prism Cement Limited is one of India's prime integrated building materials organisations that offers an extensive range of products like tiles, cement, ready-mixed concrete, and so on. On the other hand, QBE Insurance Group Limited is Australia's largest global insurance company, which has its presence in over 45 nations with perfection in catering to financial services clients over a long period of time. QBE Insurance has secured an A+ rating by Standard and Poor's Insurance Financial Strength that makes the Raheja QBE General Insurance Company Limited, a safe and reliable choice to infuse the funds in.
Raheja QBE General Insurance Company Limited Statistics
Raheja QBE General Insurance Company tries to simplify its processes, products and communication. The insurance company also strives to maintain transparency in its processes and tends to resolve different types of issues swiftly. The company always puts their customers on top and offers them complete satisfaction. Here are some significant data of the insurance company, which it has attained over the years:
Claim Settlement Ratio
Raheja QBE General Insurance Company Financial
The Gross Written Premium (GWP) of the company during the year 2018-19, grew from around 129 crore to Rs. 180 crore that helped the company to record a growth of 39%. The general insurance company registered a Net Earned Premium of approximately 114 crore in comparison to around Rs. 89 crore. The Authorised Share Capital of the Company is Rs. 220 crore and it holds a paid-up share capital of Rs. 207 crore.
Why Should You Choose Raheja QBE General Insurance?
Raheja QBE General Insurance acquires multiple offerings to provide to its customers. The in-built benefits of the company are ultimately enjoyed by its policyholders as well. Following are some features which makes the firm a great choice for customers:
Quick Claim Settlement
Raheja QBE General Insurance offers one click claim settlement facility to its policyholders through its RQBE app by making surveys with it, in case of minor damages. However, the claim process of the company is also very fast and simple otherwise as well. The customers just have to register the claim at the call centre of the company or by sending an email to the claim support team.
Call Back Request Feature
The customers are provided with a facility to request a call back from the team of Raheja QBE General Insurance to resolve their queries. To avail this facility, the customers just need to provide their required details and the team member will get back to them in a short time. The users can also select a preferred time at which they want to be called by the customer care team.
Easy to Locate Option
The general insurance company holds more than 1,300 garages and over 5,000 hospitals in its network where customers can avail cashless facilities. In addition to these, the firm has several branches across the nation where policyholders can reach to get their insurance issues resolved. The company provides hospital, garage and branch locator options to help customers find one in their vicinity get helped.
Awards and Achievements of Raheja QBE General Insurance Company Limited
The Raheja QBE General Insurance has gained various insurance awards and recognitions since its inception. Some of the achievements of the organisation are listed below:
- Emerging Brand of the Year Award
- Brand Builder of the Year Award
- Best New Service launch Award
Raheja QBE Insurance Product Portfolio
Raheja QBE Motor Insurance Policy
The motor insurance provided by Raheja QBE General Insurance offers coverage against damage and loss of damage along with third party liability arising due to an accident with your vehicle. The motor insurance covers given by the company are available for private cars, two-wheelers, and commercial vehicles with insurance plans like third party insurance, standalone own-damage cover, comprehensive cover and long term covers. The company’s motor insurance plans are only for the vehicles which are registered with Regional Transport Office (RTO) that are owned by individuals or corporates.
Raheja QBE Health Insurance Policy
Raheja QBE Health Insurance plans provide an extensive range of policy options to provide health coverage that suits the requirements of the policyholders. The health insurance plan offered by the company is to cover unforeseen medical emergencies which can develop financial burden for us as well as our families. The company presents a variety of insurance products to safeguard you in the times of healthcare contingencies which include Health QuBE insurance plan, Cancer Insurance, Individual Personal Accident Insurance, Health QuBE Super Top Up Insurance Plan and so on. The Raheja QBE General Insurance Company offers cashless facilities, easy claim registration and a large hospital network along with multiple affordable plans.
Raheja QBE Home Insurance Policy
Raheja QBE Insurance Plan secures your home as well as your belongings from different mishaps and perils like fire, theft, burglary, natural calamities and so on. The customers are allowed to select and personalise their plans as per their requirements and budget. The home insurance plans offered by the company comprise Domestic Burglary Insurance and Domestic Fire Insurance, which are meant to help you rebuild memories with financial protection.
Raheja QBE Commercial Insurance Policy
Raheja QBE provides a diverse range of insurance plans under its commercial insurance covers such as Construction and Engineering Insurance Policy, Marine Insurance Policy, Commercial Insurance Policy, Professional Liability, Workers Compensation, and so on. Basically, these wide range of commercial insurance coverage gives protection for office risks and office assets for their damages and losses caused due to fire, burglary, damage to electronic equipment, and so on.
Raheja QBE General Insurance Company Distribution Network
Raheja QBE General Insurance Company is equipped with a competent, and inclusive workforce which constitutes a total of around 140 employees. The company always put customer needs at the forefront to ensure utmost level of satisfaction. To enable a hassle-free cashless facility, the firm has acquired a wide network of 5,000+ hospitals and 1,300+ garages to avail cashless services.
Raheja Qbe General Insurance User Reviews
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Raheja QBE General Insurance Company FAQs
Can I register a claim request online for a Raheja QBE Motor Insurance Plan?
Yes, Raheja QBE General Insurance allows its policyholders to make claim requests at a click with its live streaming app RQBE Quick.
How many network garages and hospitals are owned by the Raheja QBE General Insurance?
Raheja QBE General Insurance owns 1,300+ network garages and 5,000+ network hospitals, where its policyholders can avail cashless insurance facilities.
Is there any Grievance Redressal Forum at Raheja QBE General Insurance Company?
Yes, the Raheja QBE General Insurance offers a grievance redressal forum where policyholders can reach out on being dissatisfied with the responses of the customer care team and require further assistance. To enjoy this extended support of the company, the policyholders can email their queries to firstname.lastname@example.org.
Can I cancel a policy of Raheja QBE General Insurance after purchasing it?
Yes, you can cancel the insurance policy by Raheja QBE General Insurance within 15 days of the plan commencement which is known as free-look period, without paying any cost. However, upon cancelling the insurance cover after this period, you will be required to pay for the cancellation charges to get the refund of the premium amount.
How to connect with Raheja QBE General Insurance?
You can get in touch with the support team of Raheja QBE General Insurance by calling them at 1800-102-7723 or by mailing them at email@example.com.