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.