Generali Central Insurance marks a new sustainable chapter with the inauguration of a Green Office at Airoli, Navi Mumbai
- The move will enable 12% reduction in energy commitment, 25% reduction in water consumption besides generating long-term value creation for employees and customers
Mumbai, May 5, 2026: Generali Central Insurance, a joint venture between global insurance major Generali and Central Bank of India, today inaugurated a new green office space at Airoli in Navi Mumbai, marking an important milestone in the company’s sustainability journey and reinforcing its long-term commitment to responsible growth.
The move reflects the company’s strategic focus on creating lasting value for customers, employees, communities, and the environment, while advancing its ambition to be a Lifetime Partner to customers.
Designed with sustainability at its core, the new office with Environmental Management System infrastructure incorporates energy-efficient systems, optimised resource consumption, improved indoor environmental quality, and smart workplace solutions that will help reduce operational cost, ensure stronger Environmental Social Governance and sustainability performance besides enabling improved employer branding resulting in talent attraction. The transition also supports Generali Central Insurance’s broader environmental goals by promoting greener ways of working and more efficient use of resources.
The inauguration of our green office marks a pivotal step in advancing the company’s strategy of uniting business excellence with a deep commitment to responsible employment. By investing in sustainable infrastructure, Generali Central Insurance aims to foster innovation, collaboration, and employee wellbeing while delivering superior service experiences to customers and partners.
Commenting on the development, Krishnamoorthy Rao, MD & CEO (Designate), Generali Central Insurance, said, “At Generali Central Insurance, sustainability is woven into the very fabric of how we grow, serve, and create long lasting value for all our stakeholders. The inauguration of this green office reflects our belief that every business decision should contribute to a more resilient future. It is a meaningful step in reducing our environmental footprint while creating a modern, inspiring workplace for our people. Most importantly, it strengthens our ability to deliver on our Lifetime Partner promise by building lasting relationships with customers and stakeholders through responsible, future-focused actions.”
As part of Generali’s Lifetime Partner approach, the company remains focused on building enduring relationships grounded in trust, care, and shared progress. The new office environment is expected to further strengthen collaboration across teams, enhance productivity, and enable the company to better serve evolving customer needs through agile and future-ready operations.
About Generali Central Insurance Company Limited
Generali Central Insurance Company Limited (formerly known as Future Generali India Insurance Company Limited) is a strategic joint venture between two distinguished financial institutions: the Generali Group, a global insurance enterprise with 193 years of operational heritage holding a 74% majority stake, and the Central Bank of India, India's first commercial bank with 113 years of established banking excellence.
Established in 2006, the Company was set up with a clear mandate to offer retail, commercial, personal, and rural insurance solutions, enabling individuals and businesses to effectively manage and mitigate risks. Generali Central Insurance (GCI) broke even in FY 2013-14 - a landmark achievement in just six years of operations.
As of FY 2024-25, GCI maintains robust financial fundamentals with ₹7,938 crore of assets under management and Gross Written Premium of ₹5,547.5 crore. The Company has established itself as a formidable presence in India's insurance landscape, securing a position among the nation's top 10 private general insurance companies.
GCI has consistently demonstrated excellence in organisational culture and operational performance - receiving the ‘Great Place to Work’ certification seven times in a row. The Company has also earned numerous industry accolades including the Emvies Awards 2025, The Economic Times Brand Disruption Awards 2025, ET Trendies 2025, ET Now Global Innovation Network Awards, and the Di-Verse Certification for Disability Inclusion in 2025.
