Overview
Description
The New India Assurance Co. Ltd. is a state-owned general insurance company, providing a comprehensive range of insurance services globally. Established in 1919 and headquartered in Mumbai, India, it is the largest non-life insurance provider in the country. The company specializes in a diverse assortment of products, including health insurance, motor insurance, fire insurance, marine insurance, and personal accident covers. It serves a wide clientele spanning individuals, businesses, and the public sector, offering bespoke insurance solutions tailored to various risks.
The New India Assurance Co. Ltd. plays a pivotal role in the insurance market, contributing significantly to financial protection and risk mitigation among its customers. Its extensive international operations, across approximately 28 countries, underscore its influence and reliability in the global insurance landscape. With a strong capital base and decades-long reputation, the company supports societal and economic stability by managing and distributing risks effectively. Its strategic partnerships and collaborations amplify its market presence, ensuring comprehensive coverage and excellent customer service.
About
CEO
Ms. Mukta Sharma
Employees
11938
Address
New India Assurance Building
87, M.G. Road Fort
Mumbai, 400001
87, M.G. Road Fort
Mumbai, 400001
Phone
91 22 2270 8100
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Insurance - Diversified
Country
India
MIC code
XNSE