kochi bharti axa general insurance company ltd amongst the fastest growing multiline insurance companies in india is targetting to double its business in south by the end of the calendar year the company had grown its gross written premium by 47 per cent in 2011 it was also aiming to double keralas contribution to the south zone the company has sold over 279782 policies and has settled 40739 claims in the south zone till date since inception bharti axa gi has 13 branches in the south zone the growth in south zone will come from penetrating deeper into smaller cities towns and semiurban markets across the state through strategic tieups with micro financial institutions that will provide a platform to reach the underserved segment kerala has generated rs 865 crores of business in calendar year 2011 where 68 per cent of the business comes from the motor vertical followed by the health and commercial lines which are at 19 per cent and 13 per cent respectively bharti axa gi has tied up with over 32 garages in kochi to offer cashless facilities for its motor customers it has also tied up with 17 hospitals in the city to facilitate cashless hospitalisation the company has sold over 11741 policies and settled 2311 claims in kochi till date since inception sampath kumar cfo bharti axa general insurance said kochi was a key market for the company in the southern region which currently contributes 5 per cent to the companys overall south zone revenue we aim to double kochis contribution in the coming year by increasing our sales in the vertical of mfis health and commercial lines he said manoj nair zonal vice president south bharti axa general insurance said the company hopes to keep the momentum going with respect to the kerala market there was a huge potential for retail as well as commercial line products for the customer base in kochi at the national level currently has tie ups with over 3800 hospitals and 2000 garages pan india where consumers can avail cashless facility he said