The Eastern Insurance Company (EIC) was formed in 1987. It offers various services including motorcycle covers and education plans, and advice on questions arising from insurance. Before the merger, the Company had a Board of Directors consisting of six members, and twelve employees. Lion Insurance Company on the hand was formed in the 70’s, initially offering car insurance covers only. With time, the company grew to incorporate Travel insurance, Home insurance, Private medical and dental insurance, Car insurance, Life insurance, and Pet insurance. Being a global company, it had branches across various countries with hundreds of employees. The ...
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