The entire IFFCO Tokio General Insurance Company Limited fraternity has adequate reason to be happy since they have bagged the highly coveted and prestigious recognition from Droom, the award of being the Best Motor Insurance Company for Pre-Owned vehicles for the year 2019.
This prestigious award was handed over to the representative of the company at a ceremony held on 20th December 2019 at ITC Maurya on the occasion of Droom’s Pre-owned Auto Award 2 wherein the category of “Best Motor Insurance Company of Pre-Owned Vehicles” for the year 2019 where IFFCO Tokio General Insurance Company Limited emerged the winner amongst all the insurance companies providing Motor insurance. This occasion was witnessed by many chief executives of various automobile manufacturers apart from the media and members of various institutions.
The complexity of the providing of insurance cover to Pre-Owned vehicles can be easily appreciated. The vehicles had been running for quite some time and logging thousands of miles and also the vehicles had withstood the various problems associated with the transfer of ownership several times. Providing insurance cover to such vehicles call for a lot of in-depth understanding of Pre-Owned vehicles.
IFFCO Tokio General Insurance Company Limited was declared the ‘Best Motor Insurance Company – Pre-Owned Vehicles’ for the year 2019.
Judging Methodology
The judging methodology is very transparent and easy to understand and is based on the total NUMBER of motor insurance policies disbursed by any particular Droom partner insurance cover provider. The insurance company which has disbursed the largest number of policy covers will be judged to be the winner.
About IFFCO Tokio General Insurance Company Limited
This company came into being in 2000 and is a joint venture organization between Indian Farmers Fertiliser Co-operative Limited (IFFCO) and Tokio Marine Group, of Japan. Both firms are leaders in their respective fields. This firm offers a very broad range of areas for insurance. They include insurance of two-wheelers, four-wheelers, health, home, travel, property and a host of other areas. Due to their international presence, they ensure that their clients get the most competitive rates.