Zurich Kotak General Insurance Company (India) Limited celebrated its first Foundation Day on June 18, 2025, by reinforcing its commitment to the community and launching Zurich Commercial Insurance in India. The company, a joint venture between Zurich Insurance Group and Kotak Mahindra Bank, has been operational in India since 2015, providing various non-life insurance products.
Community Initiative
In partnership with Forest Creators, a non-profit organization dedicated to creating Miyawaki forests, Zurich Kotak has pledged to plant over 5,000 trees in a depleting port land in Mumbai. This initiative reflects Zurich Insurance Group’s commitment to community volunteering and environmental sustainability. Dr. R.K. Nair, Co-founder of Forest Creators, praised the initiative, stating, “We’re not just planting trees—we’re igniting a collective movement for a greener future.” The project involves students as both planters and caretakers, making it a unique community-driven effort.
Launch of Commercial Insurance Division
The launch of Zurich Commercial Insurance brings Zurich’s global expertise to the Indian market, catering to businesses of all sizes across various industries. Alok Agarwal, MD & CEO of Zurich Kotak General Insurance, explained that this strategic move reflects the company’s commitment to delivering customer-centric solutions by combining global expertise with local insights. Tulsi Naidu, CEO, APAC, Zurich Insurance Group, noted that this launch will help Indian businesses navigate evolving risks, including cyber threats, supply chain disruptions, and natural catastrophes, with confidence.
Key Features of Commercial Insurance
- Tailored coverage for various segments such as property, liability, marine, and engineering
- Combination of digital infrastructure and industry-specific insights
- Expertise in underwriting and risk management for businesses across India
By launching its commercial insurance division and engaging in community initiatives, Zurich Kotak General Insurance demonstrates its commitment to both business growth and social responsibility. The company’s efforts aim to empower businesses while acting responsibly towards customers and the environment.
