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ECGC

Export Credit Guarantee Corporation (ECGC):

The South Indian Bank Ltd. is appointed as the Corporate Agent of Export Credit Guarantee Corporation of India (ECGC) for marketing the Exporter’s Credit Insurance Policies.

Export Credit Guarantee Corporation of India Limited (ECGC) was established in 1957 by the Government of India. It functions under the administrative control of the Ministry of Commerce & Industry, Department of Commerce, and Government of India. It is managed by a Board of Directors comprising representatives of the Government, Reserve Bank of India, Banking, Insurance and Exporting community. ECGC is the fifth largest credit insurer of the world in terms of coverage of national exports.

ECGC provides a range of credit risk insurance cover’s to exporters against loss in export of goods, failure of buyers and also other unforeseen losses. The customers of other banks may also approach our branches for the credit insurance policies of ECGC.

Credit Insurance Policies:

  • SCR or Standard Policy
  • Small Exporters Policy
  • Specific Shipment Policy (Short Term)
  • Export Turnover Policy
  • Services Policy
  • Construction Works Policy
  • Specific Policy for Supply Contract
  • Insurance Cover for Buyer’s credit and Line of credit
  • Export (specific buyer’s) Policy
  • Buyer Exposure Policy
  • Consignment Exports Policy
  • Software Project Policy
  • IT Enabled Services Policy

Disclosure:

 

Name of the corporate agent
The South Indian Bank Ltd.
Name of Directors
1. Sri. Amitabha Guha (Part time Chairman)
2. Dr. V.A.Joseph (Managing Director &CEO)
3. Sri. Jose Alappatt
4. Sri. Paul Chalissery
5. Sri. Mathew L Chakola
6. Dr. N J Kurien
7. Sri. Mohan E Alappatt
8. Sri. K. Thomas Jacob
9. Sri. H Suresh Prabhu
IRDA License No. (Composite)
1904093
License issued on
05.01.2012
License valid upto
23.02.2017
Name of Chief Insurance Executive
Mr. Sony .A, Deputy General Manager
Address
SIB House,Mission Quarters,
T B Road, Thrissur- 680 001
Name of other insurance partners
 
1.      Life Insurance Corporation of India (LIC)
2.      Bajaj Allianz General insurance Co Ltd.