SBI General associates with Inali Foundation to support ‘Limbs on Wheels’ towards distribution of robotic limbs
~Contributed towards distribution of 260 robotic limbs to amputees across the states of Maharashtra, Rajasthan, Gujarat, and Madhya Pradesh~
Mumbai 29, November 2022: SBI General Insurance, one of India’s leading General Insurance companies, associated with Inali Foundation, a non-profit organization that aims at providing affordable robotic upper limbs to those who have lost them in an accident or don’t have them by birth. Under the CSR project, SBI General has contributed towards distribution of over 260 limbs in rural parts of the states of Maharashtra, Rajasthan, Gujarat, and Madhya Pradesh
As per reports, nearly 0.5 million people in India are amputated each year, with 23,500 more being added to the figure each year. Almost 85% of these amputees live without a proper solution. SBI General has provided support to the Inali Foundation, as part of its CSR programme, in response to the rise in these tragic accidents each year, the economic divide and lack of healthcare infrastructure in rural areas, which make it difficult for people to access medical care for the fixation of prosthetic limbs.
These limbs can be categorized as robotic limbs where beneficiaries can experience 3 finger movement and hold up to 10kgs weight and with certain amount of exercise utmost utilization of the limb is possible. Through limbs on wheels, SBI General has tried to bridge the gap by funding the cost and holding camps thereby providing artificial limbs to the beneficiaries.
Mr. Kishore Kumar Poludasu, MD & CEO, SBI General Insurance said, “While the population segment with amputated limbs is significant and increasing every year, not all of them can afford surgery or artificial limbs. We at SBI General, are glad to be able to make a significant difference to such population by contributing to this cause in enabling people functional robotic limbs that will help the end-users restore their self-confidence, giving each recipient a new lease on life. We at SBI General had supported this project for the past 2 years and helped in facilitating ‘limbs on wheels.
About SBI General Insurance Company Limited:
SBI General is one of the fastest growing private general insurance companies, with the strong parentage of SBI, we at SBI General Insurance, are committed to carry forward the legacy of trust and security; and have a vision is to become the most trusted general insurer for a transforming India.
Ever since our establishment in 2009, from 17 branches in 2011, we have expanded our presence to over 137 branches pan-India. Till date, we have served over 10 crore customers. We have been awarded ‘Insurer of the Year’ in the non-life category at FICCI Insurance Industry Awards, for two consecutive years.
We have a robust multi-distribution model encompassing Bancassurance, Agency, Broking, Retail Direct Channels and Digital tie-ups. The widespread network of distributors like 22000 plus SBI branches, Agents, Other financial alliances, OEMs, and multiple digital partners enables us to extend our reach to the pocketed remote areas of India.
We offer a bouquet of products spread across wide range of line of businesses to cater to customers in all segments like Retail, Corporate, SME and Rural, ensuring the accessibility in both forms i.e., digital as well as physical.
Our CSR programme is driven by the mission of serving the most vulnerable communities and people at risk with sustainable interventions that can help in enhancing their lives. In line with this objective, we have been associating with various NGOs and/or programs to contribute to various areas aligned with our focus areas of CSR philosophy, like health, road safety, sanitation, education, sustainability & livelihoods, and sports.
SBI General Insurance reported a 11% growth in Gross Written Premium (GWP) in FY 2021-22 and the GWP stood at INR 9260 crore. With the increasing need of health insurance, we have a very channelized strategy for health insurance business, which has reflected in 50% growth in health insurance GWP for the FY2021-22.