Cholamandalam MS General Insurance Company has been awarded the best insurance company for ‘In time Claims Settlement for 2011-12’ under the Rashtriya Swasthya Bima Yojana scheme of the Ministry of Labour and Employment.

The award was conferred on April 9 by the Union Labour and Employment Minister, Mr Mallikarjuna Kharge, at a worskshop in Ranchi, Jharkhand.

Cholamandalam was awarded for its timely settlement of claims for hospitals offering cashless treatment facilities to BPL families.

Cholamandalam MS General Insurance is a joint venture between Murugapppa Group of India and Mitsui Sumitomo Insurance Group of Japan.

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