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Nissay Dowa General Insurance Co., Ltd. · Osaka Japan ·(Tokyo: 87590)

Company Description

15-10, Nishi-Tenma 4-chome, Kita-ku
Osaka
530-8-555
Japan (Map)
Phone: +81-6-6363-1121
Fax: +81-6-6363-7519
    Nissay Dowa General Insurance provides non-life insurance services, including auto, fire, marine, and personal accident insurance. Some new products recently introduced include Pitatto-kun, an auto-insurance package that includes indemnification for attorneys' fees, Medical 10, a savings-based health-insurance plan, and liability for information leaks. Created in 2001 through the merger of Dowa Fire and Marine Insurance and Nissay General Insurance, the company is a part of the Nissay Group, which also includes Nippon Life, a channel for Nissay Dowa sales. Nissay Dowa has announced plans to merge with rivals Aioi Insurance and Mitsui Sumitomo Insurance to create Japan's largest property/casualty insurer. To read the full description, subscribe now.
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    Key Nissay Dowa General Insurance Co., Ltd. Financials

    Company TypePublic - Tokyo: 87590

    Headquarters
    Fiscal Year-EndMarch
    Annual Sales (mil.)$310,918.0
    Employees4,183

    Nissay Dowa General Insurance Co., Ltd. Executives

    5 executives listed for Nissay Dowa General Insurance Co., Ltd.'s Osaka,  location.
    TitleName & BioContact
    ChairmanMasao OkazakiNetwork
    PresidentShuichiro SudoNetwork
    EVPMasahiro YamadaNetwork

    Competition

    Competitive Landscape for Nissay Dowa General Insurance Co., Ltd.
    Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.
    Top Nissay Dowa General Insurance Co., Ltd. Competitors
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