Subrata Mondal, Managing Director & CEO, IFFCO-TOKYO GIC | Photo credit:
Established in 2000, IFFCO-TOKIO GIC is a 51:49 joint venture between Indian Farmers Fertilizer Co-operative (IFFCO) and Japan-based Tokyo Marine Group.
“While we were initially guided by the principle of affordable insurance, the vision has expanded to align with people’s aspirations and a robust economy, as we commit to IRDAI’s ‘Insurance for All by 2047’,” said Subrata Mondal, Managing Director and CEO.
Inspired by various initiatives of IRDAI, IFFCO-TOKYO has launched affordable insurance solutions for under-covered communities, the insurer said in a press release.
“To serve this purpose, the company has partnered with a number of cooperatives to distribute microinsurance for package, healthcare and auto policies,” it added.
IFFCO-TOKYO GIC offers retail products including auto, health, travel, home and personal accident insurance and business insurance products.
Published on December 4, 2025
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