IMTPIP-INDIAN MOTOR THIRD PARTY INSURANCE POOL.

GIC Re - the ‘Indian Reinsurer’ is today the lead reinsurer in SAARC, South East Asia, Middle East and emerging markets. For more than three decades GIC Re has been providing reinsurance support to the Indian insurers as also to the clients spread globally. It has now established itself as one of the leading global reinsurer ..

Make Available Third Party Insurance to all Commercial vehicle owners at reasonable rates and terms.

Indian Motor Third Party Insurance Pool (IMTPIP) has been setup by all General Insurers in India to collectively service Commercial Vehicle Third Party Insurance business.

Insurance Regulatory and Development Authority (IRDA), after consultation with the Committee constituted under Section 110G of the Insurance Act, has directed that all general insurers registered to carry on general insurance business (including motor insurance business) or general reinsurance business shall collectively, mandatorily and automatically participate in a Pooling Arrangement