Hyundai Motor India enters General Insurance market
In a bid to grab a larger pie of the overall value chain of vehicle acquisition, Hyundai Motor India in FY22 ventured into the "Insurance" segment through Hyundai India Insurance Broking Private Limited.
The new company has obtained registration with Insurance Regulatory Development Authority or (IRDAI) as a Direct Broker — General, Hyundai Motor said in its annual exchange filing.