News From Press Liberty General Insurance sees major potential in Tier2/3 cities; eyes new products, tie-ups

Liberty General Insurance sees major potential in Tier2/3 cities; eyes new products, tie-ups

Business Line May 13, 2019

Private sector Liberty General Insurance is keen on building scale and plans to open 100 new branches this year and is also looking at new products and distribution tie-ups.

“We are looking at geographical expansion. In the first six years, we had 60 branches. Now that we are at over ₹1,000 crore of premium and our systems are established, we have decided to grow geographically in Tier-2/3 cities,”said Roopam Asthana, CEO and Whole Time Director, Liberty General Insurance.

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