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Below the Quote on Supreme Court Order on Streamlining The Claims Process by Mr. Ashwani Dhanawat, Executive Director & Chief Investment Officer, Shriram General Insurance

"Any effort to expedite the settlement of claims is highly appreciated. We commend the Supreme Court’s directives aimed at streamlining the claims process, specifically its mandate for insurance companies to deposit motor claims directly into claimants' bank accounts, ensuring timely compensation.

At Shriram General Insurance, we are deeply committed to providing claimants with prompt and seamless settlements. As of FY 24-25, 20% of the claim amount has been directly paid to claimants, while 80% has been disbursed to the tribunal. We recognize that delays in the claims process can be frustrating for claimants, and as such, we continue to focus on accelerating the settlement process, ensuring it is both efficient and hassle-free. Our ultimate goal is to ensure that claimants receive the compensation they are entitled to, without unnecessary delays."

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