HDFC ERGO

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Ritesh Kumar's photo - Managing Director & CEO of HDFC ERGO

Managing Director & CEO

Ritesh Kumar

CEO Approval Rating

90/100

Est. Annual Revenue
$1.1B
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Est. Employees
7,000
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HDFC ERGO TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

HDFC ERGO's company profile
Ritesh Kumar's photo - Managing Director & CEO of HDFC ERGO

Ritesh Kumar

Managing Director & CEO

90/100
7,000
$0
$1.1B
View Profile
1
HDFC ERGO's Competitor - ICICI Lombard General Insurance Company Limited logo
Bhargav Dasgupta's photo - CEO of ICICI Lombard General Insurance Company Limited

Bhargav Dasgupta

CEO

81/100
10,682
- -
$1.2B
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2
HDFC ERGO's Competitor - Royal Sundaram logo
M.S. Sreedhar's photo - Managing Director of Royal Sundaram

M.S. Sreedhar

Managing Director

85/100
2,000
$209.4M
$487.4M
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3
HDFC ERGO's Competitor - Liberty Videocon General Insurance logo
Roopam Asthana's photo - CEO of Liberty Videocon General Insurance

Roopam Asthana

CEO

71/100
1,104
- -
$8M
View Profile
4
HDFC ERGO's Competitor - Bajaj Allianz logo
Tapan Singhel's photo - CEO of Bajaj Allianz

Tapan Singhel

CEO

85/100
9,000
- -
$1.7B
View Profile
5
HDFC ERGO's Competitor - Apollo Munich logo
Krishnan Ramachandran's photo - CEO of Apollo Munich

Krishnan Ramachandran

CEO

83/100
3,200
- -
$2.3M
View Profile
6
HDFC ERGO's Competitor - Chola MS logo
Venkateswaran Suryanarayanan's photo - Managing Director of Chola MS

Venkateswaran Suryanarayanan

Managing Director

85/100
680
$15.5M
$636.5M
View Profile
7
HDFC ERGO's Competitor - Bharti AXA logo
Sanjeev Srinivasan's photo - CEO of Bharti AXA

Sanjeev Srinivasan

CEO

89/100
4,722
- -
$359.1M
View Profile

Missing a competitor? Contribute!

ICICI Lombard General Insurance Company Limited has been one of HDFC ERGO's top competitors. ICICI Lombard General Insurance Company Limited's headquarters is in Mumbai, Maharashtra, and was founded in 2001. Like HDFC ERGO, ICICI Lombard General Insurance Company Limited also competes in the Insurance Brokers field. ICICI Lombard General Insurance Company Limited generates 111% of HDFC ERGO's revenue.

Royal Sundaram is one of HDFC ERGO's top rivals. Royal Sundaram is a Private company that was founded in Chennai, Tamil Nadu in 2000. Like HDFC ERGO, Royal Sundaram also works within the Life & Health Insurance industry. Royal Sundaram has 5,000 fewer employees vs. HDFC ERGO.

Liberty Videocon General Insurance is perceived as one of HDFC ERGO's biggest rivals. Liberty Videocon General Insurance was founded in 2011, and is headquartered in Mumbai, Maharashtra. Like HDFC ERGO, Liberty Videocon General Insurance also competes in the Life & Health Insurance sector. Liberty Videocon General Insurance generates $1.1B less revenue vs. HDFC ERGO.

HDFC ERGO Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
L&T General Insurance Company Limited

Jun 2016

Source »
$81.7M
L&T Insurance offers health, motor, corporate, travel and home insurance to the businesses and individuals.

These are all the companies that HDFC ERGO has acquired. HDFC ERGO's latest acquisition was L&T General Insurance Company Limited in Jun 2016. L&T Insurance offers health, motor, corporate, travel and home insurance to the businesses and individuals.

HDFC ERGO Funding History

No recent funding data found related to HDFC ERGO

HDFC ERGO Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Utkarsh Micro Finance operates as a non-banking finance company that provides micro pensions, enterprise and housing loans.
$59.1M
Sep 30, 2016
-

These are all the companies that HDFC ERGO has invested in. HDFC ERGO's latest investment was Utkarsh Micro Finance in Sep 30,. Utkarsh Micro Finance operates as a non-banking finance company that provides micro pensions, enterprise and housing loans.

HDFC ERGO News

August 2, 2021The Economic Times

The growing dissonance between online insurance aggregators and insurers

HDFC Ergo recently delisted its products from online insurance aggregators, including Policybazaar. T... See more »
July 20, 2021Livemint

HDFC ERGO launches Optima Secure indemnity-based health insurance policy

The product has the secure, plus, protect, and restore benefits built-in, which combine to offer cust... See more »
June 21, 2021FE Investegate

Divestment in HDFC ERGO General Insurance Co. Ltd.

7:00 AM: (60CX) Divestment in HDFC ERGO General Insurance Co. Ltd.... See more »
June 20, 2021BW BUSINESSWORLD

HDFC Bank To Buy Stake Worth Over Rs 1,906 Cr In Group's General Insurer From Parent HDFC

The purchase is to happen at a price determined on an independent evaluation report, subject to recei... See more »
May 10, 2021FE Investegate

Divestment in HDFC ERGO General Insurance Co. Ltd.

7:00 AM: (60CX) Divestment in HDFC ERGO General Insurance Co. Ltd.... See more »
April 28, 2021The Financial Express

HDFC ERGO General Insurance using AI in most areas of ops

"We have a robust IT infrastructure and team, and we believe in building most of the solution in-hous... See more »
March 18, 2021TV News4U

HDFC ERGO's latest spot by Mullen Lintas urges insurance buyers to ask the right questions

New Delhi: HDFC ERGO General Insurance, India's leading private sector general insurance company, rec... See more »

HDFC ERGO Press Releases

February 22, 2017Webnewswire

HDFC ERGO AND RIVIGO TO PROVIDE RAPID CLAIM SETTLEMENT OF MARINE INSURANCE

India, 22nd February, 2017: HDFC ERGO General Insurance Company, India's third largest non-life insur... See more »
February 29, 2016Business Wire India

HDFC ERGO Receives the "Best Customer Experience" Award in Financial Sector

Business Wire IndiaHDFC ERGO General Insurance Company, one of India's key private sector ...... See more »
February 16, 2016Business Wire India

HDFC ERGO General Insurance Wins the 'Gold Shield' by ICAI for Financial Reporting

Business Wire India The only company to win The Excellence award175 top ...... See more »
September 10, 2015BUSINESS WIRE

Non-Life Insurance in India, Key Trends and Opportunities to 2019

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wwg936/nonl... See more »
March 13, 2015PRESS RELEASE POINT

HDFC ERGO And Deutsche Bank Tie-Up For Distribution Of Non-Life Products

HDFC ERGO General Insurance Company, India's 3rd largest general insurance company in the private sec... See more »

HDFC ERGO Videos

Social Media

HDFC ERGO Headquarters

Backbay Reclamation 1st Floor, HDFC House, H. T. Parekh Marg, Churchgate

Mumbai, Maharashtra400020

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HDFC ERGO Summary

ABOUT

Overview

HDFC ERGO is a general insurance company offers  motor, health, travel, home and personal accident insurance in India. HDFC ERGO was founded in 2002. HDFC ERGO's headquarters is located in Mumbai, Maharashtra, IN 400020. HDFC ERGO's latest acquisition...

CEO

HDFC ERGO's Managing Director & CEO, Ritesh Kumar, currently has an approval rating of 90%. HDFC ERGO's primary competitors are ICICI Lombard General Insurance Company Limited, Royal Sundaram & Liberty Videocon General Insurance.

Frequently Asked Questions about HDFC ERGO

  1. When was HDFC ERGO founded?

    HDFC ERGO was founded in 2002
  2. Who is HDFC ERGO's CEO?

    HDFC ERGO's CEO is Ritesh Kumar
  3. How much revenue does HDFC ERGO generate?

    HDFC ERGO generates $1.1B in revenue
  4. How much funding does HDFC ERGO have?

    HDFC ERGO has historically raised $0 in funding
  5. Where is HDFC ERGO's headquarters?

    HDFC ERGO's headquarters is in Mumbai Maharashtra, IN
  1. How many employees does HDFC ERGO have?

    HDFC ERGO has 7,000 employees
  2. What sector does HDFC ERGO operate in?

    HDFC ERGO is in Life & Health Insurance, Insurance Brokers
  3. Who are HDFC ERGO's competitors?

    HDFC ERGO's top competitors are ICICI Lombard General Insurance Company Limited, Royal Sundaram, Liberty Videocon General Insurance
  4. Who has HDFC ERGO invested in?

    HDFC ERGO's has invested in companies such as Utkarsh Micro Finance