SBI General Insurance Expands in Mumbai’s Eastern Suburbs

 

Mumbai: "SBI General Insurance" has expanded its presence in Mumbai with the opening of a new branch in Ghatkopar West, aimed at improving customer accessibility, strengthening its distribution network and bringing insurance solutions closer to individuals, families and businesses.

Located at The Meridian Business Point, 2nd Floor, LBS Marg, Ghatkopar West, Mumbai – 400086, the branch will offer the company’s range of general insurance products, covering health, motor, personal accident, property and business insurance. It will also focus on customer engagement and raising awareness about insurance and financial protection needs in the surrounding areas.

The branch was inaugurated by Naveen Chandra Jha, Managing Director and Chief Executive Officer, SBI General Insurance, in the presence of Manju Sharma, Chief General Manager, Mumbai Metro Circle, State Bank of India (SBI); Mohd Arif Khan, Deputy CEO, SBI General Insurance; Bindu Janardhanan, General Manager, NW 1, Mumbai Metro Circle, SBI; and Chandrashekar Ratcha, General Manager, NW 2, Mumbai Metro Circle, SBI.

Speaking at the inauguration, Jha said the expansion reflects the company’s focus on improving access to insurance and strengthening its relationships with customers.

“Our expansion in Mumbai reflects our continued focus on strengthening customer access and bringing insurance solutions closer to the communities we serve. The Ghatkopar branch will help us build stronger relationships with customers, understand their evolving protection needs, and make insurance more accessible,” he said.

Jha added that the company remains committed to raising awareness about insurance and helping customers make informed decisions about their protection requirements. He also highlighted the importance of contributing to the vision of ‘Insurance for All by 2047’.

The new branch is part of SBI General Insurance's efforts to expand its footprint in key urban markets and deepen engagement across retail and business segments. By establishing a presence in Ghatkopar, the company aims to provide customers with more convenient access to insurance services while supporting greater awareness of the role insurance plays in managing financial risks.

The initiative aligns with the broader industry vision of ‘Insurance for All by 2047’, envisaged by the Insurance Regulatory and Development Authority of India (IRDAI), to increase insurance penetration and accessibility across the country.