Tata AIG announces new insurance Cover

New Delhi, Jun 1 (UNI) Tata AIG Insurance Company Ltd today announced the launch of 'Highlight', a Directors and Officers Liability Insurance cover, tailor made for the needs of unlisted small and mid-sized businesses.

Small and Medium companies and family owned concerns which form India's large emerging SME sector typically are unlisted, fast, flexible and energetic but often with little management infrastructure and few formal control processes.'Highlight' will provide protection to Directors and Officers from business related risks.

Tata AIG General Insurance Company Ltd is a joint venture between the Tata Group and American International Group(AIG) Inc.

The Tata Group holds 74 per cent stake in Tata AIG while the rest 26 per cent is held by AIG Inc.

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