Generali Central Insurance strengthens footprint in eastern India with the inauguration of a branch in Siliguri
Strategic expansion highlights Generali Central Insurance’s commitment to growth, collaboration, and customer-centric solutions in key markets.
Siliguri, March 6, 2026: Generali Central Insurance, a joint venture between global insurance major Generali and Central Bank of India announced the launch of its branch in Siliguri, West Bengal. Following the company’s recent brand transformation, after Central Bank of India joined in as the JV partner, this is the second branch opening in the eastern region after Bhubaneshwar. This milestone marks a significant step forward underscoring the brand’s commitment to providing comprehensive solutions to its customers.
The launch event was graced by Mr. Anup Rau, the Managing Director and CEO of Generali Central Insurance.
Speaking on the occasion, Anup Rau, MD and CEO of Generali Central Insurance, said: “This branch launch is a testament to our growth potential and the increasing business opportunities in this region. By bringing comprehensive insurance solutions under one roof, we are strengthening our ability to serve customers more effectively and build deeper partnerships with our Bancassurance partners, advisors, motor dealer partners and other intermediaries. Through our bancassurance collaborations, we are also able to significantly extend our reach, leveraging nearly 2,900 partner bank branches across the region to make our solutions more accessible to customers.”
The new branch in Siliguri is expected to help in expanding Generali Central Insurance’s footprint in North Bengal or semi urban and rural markets of the East, offering enhanced accessibility and customer-centric services. This launch reflects the company’s strategic vision to accelerate growth and reinforce its presence in key markets.
About Generali Central Insurance Company Limited
Generali Central Insurance Company Limited (formerly known as Future Generali India Insurance Company Limited) is a strategic joint venture between two distinguished financial institutions: the Generali Group, a global insurance enterprise with 193 years of operational heritage holding a 74% majority stake, and the Central Bank of India, India's first commercial bank with 113 years of established banking excellence.
Established in 2006, the Company was set up with a clear mandate to offer retail, commercial, personal, and rural insurance solutions, enabling individuals and businesses to effectively manage and mitigate risks. Generali Central Insurance (GCI) broke even in FY 2013-14 - a landmark achievement in just six years of operations.
As of FY 2024-25, GCI maintains robust financial fundamentals with ₹7,938 crore of assets under management and Gross Written Premium of ₹5,547.5 crore. The Company has established itself as a formidable presence in India's insurance landscape, securing a position among the nation's top 10 private general insurance companies.
GCI has consistently demonstrated excellence in organisational culture and operational performance - receiving the ‘Great Place to Work’ certification seven times in a row. The Company has also earned numerous industry accolades including the Emvies Awards 2025, The Economic Times Brand Disruption Awards 2025, ET Trendies 2025, ET Now Global Innovation Network Awards, and the Di-Verse Certification for Disability Inclusion in 2025.
