Mumbai:
In a move that could make even the most cautious car feel more secure, Magma General Insurance Limited (formerly known as Magma HDI General Insurance) has joined forces with Toyota Tsusho Insurance Broker India Pvt. Ltd. (TTIBI) to supercharge its presence in India’s passenger vehicle insurance sector. Think of it as a high-octane alliance—minus the emissions.
Through this partnership, Magma’s suite of motor insurance offerings will cruise into the vast 150-dealer strong network of TTIBI. Whether it’s a mischievous monsoon, an unexpected fender bender, or that one pigeon with a grudge—customers can now get comprehensive cover with ease. From private sedans to commercial MPVs, this tie-up aims to bring peace of mind to steering wheels nationwide.
Rajive Kumaraswami, Managing Director and CEO of Magma General Insurance, stated with all the confidence of a driver in the carpool lane, “We’re thrilled to collaborate with Toyota Tsusho. It’s not just about expanding our presence in the private car segment—it’s about bringing trust, integrity, and a little less paperwork to the customer experience.”
Takayuki Ueda San, Managing Director and CEO of TTIBI, added, “Our goal is simple—help more people protect their vehicles without giving them a headache. Magma shares our values and our vision. Together, we’ll make insurance feel less like a formality and more like a feature.”
With this collaboration, Magma General Insurance is clearly shifting gears—from coverage to confidence, and from policies to partnerships. And for every proud car owner out there: your ride just got a little more covered, and a lot more cared for.
