Royal Sundaram Alliance Insurance Company Limited is a joint venture between Sundaram Finance and Royal & SunAlliance Insurance Group plc, UK. Sundaram Finance holds 74% stake in the venture while RSA Group holds 26%. The company received license to operate in India from the Insurance Regulatory and Development Authority on October 23, 2000.

Royal Sundaram is the first insurance company in the country to venture into the non-life segment. It commenced its operations on March 12, 2001 and has its corporate office at Chennai.

Sundaram Finance was incorporated in 1954, with the objective of financing the purchase of commercial vehicles and passenger cars. It was promoted by Madras Motor & General Insurance Company (MMGI), which was one of the leading insurance companies in India prior to nationalization in 1972. It is a Triple A rated Non-Banking Finance Company and is one of the most respected financial service companies in India.

The Sundaram Finance group's services include vehicle finance, home mortgages, asset management, general insurance, mutual funds, non-life insurance, IT, BPO, logistics solutions and distribution of a wide range of financial products.

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