Financial Services

Established in 2002, Chola MS offers a wide range of insurance products including Motor, Health, Home, Travel, Accident and Commercial for individuals and corporates. A leading and respected player in the General Insurance space, Chola MS services over 46 million customers through its country-wide network of over 660+ retail touch points and over 40,000 agents. With a strong focus on customer centric services, innovation and reliable solutions, Chola MS operates with a solvency margin of 1.91 times.

Cholamandalam MS Risk Services Limited, is a comprehensive risk management and engineering solutions company. It has undertaken over 8,500 consulting projects across 42 industrial sectors, offering best-in-class services to organisations to optimise their EHS performance.

Cholamandalam Financial Holdings Limited ('CFHL') (formerly known as TI Financial Holdings Limited) was incorporated in 1949 and is a part of the Murugappa Group, one of the most diversified business conglomerates of India. Consequent to the scheme of arrangement (demerger) sanctioned by the National Company Law Tribunal, the manufacturing business of the Company was transferred to a separate company and the company retained its finance business.

CFHL is registered with the Reserve Bank of India as a Non-Deposit taking Systemically Important - Core Investment Company (CIC-ND-SI) pursuant to the receipt of Certificate of Registration from the Reserve Bank of India (RBI) dated January 6, 2020, under Section 45-IA of the Reserve Bank of India Act, 1934. The company holds significant stake in group companies viz., Cholamandalam Investment and Finance Company Limited, Cholamandalam MS General Insurance Company Limited and Cholamandalam MS Risk Services Limited.