‘Plan to launch surety bonds in six months’ Anil Aggarwal CEO Shriram General Insurance
Shriram General Insurance aims to achieve a GWP of ₹8,000 crore by 2030 by launching surety bonds and expanding into non-motor insurance. They have seen a 28% growth in GWP in the motor insurance segment and plan to increase the share of non-motor insurance to 15%. The company also plans to introduce parametric cover and surety bond insurance in the near future.