V. Ramasaamy
Title : IN SAFE HANDS
 
Company Name : National Insurance Company Limited
Designation : Chairman-Cum-Managing Director
 
 
       
 

The insurance company is within us: self-discipline, self-awareness, and a clear realization of the risks that life poses on us. And if you want to be secured and lead a peaceful life with your inner strength equally matching the outer, V. Ramasaamy, Chairman-Cum-Managing Director, National Insurance Company Limited will convince you how NIC could be a befitting choice for you. Known for his oratory skills, convincing abilities and unparallel strategies, Ramasaamy belongs to that group of rare professionals who have given their organisations a place of pride in business arena. A man whose observation is as incisive as an eagle's, Ramasaamy’s business insight has made NIC one of the premium insurance companies in India.

It is no wonder that NIC today has earned the distinction of one of the top five General Insurance Companies in the Asia Pacific. Public sector insurance companies, NIC under Ramasaamy and his predecessors, has diversified into a wide network of 1,000 offices, manned by more than 17,000 highly skilled professionals, operating from every nook and corner of the country. It is people like him who have given NIC more than 10 million policyholders and a wide range of 200 policy plans. Known for offering his customers innovative and customized policies with specialized requirements, Ramasaamy who has served the insurance sector for decades, has added a new dimension to the insurance industry.

 

In fact, Ramasaamy has been the vital force behind enhancing business viability and profitability of the company. With private players already in the market offering tough competition to public sector insurance companies, it goes to Ramasaamy’s credit (and of his predecessors) for improving the market position of NIC from third to second. It was largely possible because of revolutionary tie-ups and business strategies adopted by NIC under the stewardship of Ramasaamy and his predecessors.

The alliances with major corporate such as Maruti and Hero Honda and tie-ups with major banks have given NIC an edge against its competitors. Keeping his organisation in tune with the latest development in IT, Ramasaamy also took initiatives to computerize most of its business operations through out the country. Understandably, NIC launched the Wide Area Networking of its offices. A man who understands the earthly realities as acutely as a visionary, Ramasaamy has broadened his client base in almost all sector including foreign trade, healthcare, tea, automobile, education, environment, space research banking, telecom, aviation, shipping, information technology, power, oil and energy, agronomy and the list goes endless. And by looking at Ramasaamy’s stupendous performance, one can safely vouch that the future of NIC is insured in competent hands.