Following its range of liability offerings, Raheja QBE General Insurance Company is now set to diversify into the marine specialty space.
With the regulator having approved the MTO (multi-modal transport operators liability) insurance product, and more recently the port and terminal operators liability, the general insurer believes that there is a great demand for these products.
British Marine, which is now very much a part of the QBE Group, is known in the Indian marine market, Raheja QBE would be easily accepted, said a release from the company.
Next in the pipeline are pleasure craft and protection and indemnity insurances. Also cancer insurance, which also received a regulatory nod, has been developed in collaboration with the Indian Cancer Society.
rravikumar@thehindu.co.in
http://www.thehindubusinessline.com/industry-and-economy/logistics/article3547493.ece
