New India Assurance Company Limited is a general insurance company in India, established in 1919 and headquartered in Mumbai, Maharashtra. In 1973, New India Assurance was nationalized and became one of the largest nationalized insurance companies in India. The company is owned by the Ministry of Finance and Government of India, with operations in 28 countries.

New India Assurance has been a leader in the non-life insurance market in India for over 50 years. The company has good financial strength and is rated AAA for financial stability by CRISIL, which shows that New India Assurance is a reputable and capable company to respect policyholders. Types of insurance New India Assurance provides are General insurance, Marine insurance, Aviation insurance, Vehicle insurance, Property insurance, Health insurance, Crop insurance,...

New India Assurance operates in both domestic and foreign markets. In India, New India Assurance has nationwide popularity with 2214 offices, over 15,000 active employees, and over 250 products offered. In overseas markets, New India Assurance opened its first office in London, UK within 1 year of its establishment. In addition, the company also participates in shares in insurance companies in Kenya, Saudi Arabia, Singapore.

Headquarters: Mumbai, Maharashtra, India.
Founded: 1919.
Revenue: $4,8 billion (https://www.dnb.com/business-directory/company-profiles.the_new_india_assurance_company_limited.1673b7182cbf96c93c981d85ed49bdbc.html)
Website: https://www.newindia.co.in/

ICICI Lombard General Insurance Company Limited is a privately-held general insurance company in India and a joint venture between the second largest bank in India - ICICI Bank - and financial services provider Fairfax Financial Holdings Limited. In which, ICICI bank holds 64% shares and Fairfax Financial Holdings Limited owns 36% shares of ICICI Lombard. In 2019, ICICI Lombard linked up with Karur Vysa bank to sell bancassurance products.

With the vision to be India's leading company that creates value and delivers solutions to address risks, ICICI Lombard has achieved certain achievements in its operation. The project in collaboration with the ICICI Foundation to reduce infant and child mortality has been successfully implemented. In addition, ICICI Lombard also organizes medical examination & treatment programs and provides road traffic knowledge training for more than 20,000 truck drivers.

Some of the insurance services ICICI Lombard provide are Travel insurance, Car insurance, Business insurance, Rural insurance, Two wheeler insurance, Health insurance, Home insurance, NRI Services.

Headquarters: Mumbai, Maharashtra, India.
Founded: 2001.
Revenue: $1,7 billion (https://www.dnb.com/business-directory/company-profiles.icici_lombard_general_insurance_company_limited.710650159e60d934d98f50c70aa51bae.html)
Website: https://www.icicilombard.com/

Bajaj Allianz Insurance Company is an Indian private insurance company, formed by a joint venture between Bajaj Finserv and Allianz SE. Bajaj Finserv is owned by Bajaj Holdings & Investments Limited - a financial company providing key services such as lending, insurance, and wealth management.

Bajaj Allianz Insurance Company is divided into two divisions, Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance. Bajaj Allianz Life Insurance specializes in providing insurance coverage for security and financial planning. Some services of Life insurance: ULIP Plans, Retirement Plans, Savings Plans, Investment Plans, Investment Plans. About Bajaj Allianz General Insurance, it is a general insurance company that offers several types of insurance such as Car insurance, Two-wheeler insurance, Health insurance, Pet insurance, Travel insurance, Home insurance, Cyber insurance, Commercial insurance,...

In addition, Bajaj Allianz General Insurance also launched an application called Caringly Yours, which helps customers to directly submit claims even while on the go, can receive insurance premiums up to 10,000 INR for two-wheelers and INR 30,000 for car insurance for just 20 minutes.

Headquarters: Pune, India.
Founded: 2001.
Revenue: $1,6 billion (https://www.businesstoday.in/latest/corporate/story/bajaj-allianz-fy21-net-profit-grows-33-to-rs-1330-crore-294886-2021-05-03)
Website: https://www.bajajallianz.com/

HDFC ERGO General Insurance Company Limited is an insurance company established through a joint venture between HDFC and ERGO International AG. In which HDFC holds 51% of the shares and ERGO International AG owns the remaining 49%. HDFC ERGO was established in 2002 and is headquartered in Mumbai, Maharashtra.

Regarding General insurance for the retail market, HDFC ERGO offers Health insurance, Home insurance, Motor insurance, Travel insurance, and Personal Accident insurance. Regarding business insurance, HDFC ERGO offers several types of insurance such as Liability, Property, and Marine insurance.

HDFC ERGO has a staff that is always available to answer customer questions 24/7. With a vision to become a leading insurance company, providing solutions to help customers solve their needs. When using HDFC ERGO's services, all processes and procedures are handled easily and with high transparency. In addition, the company has obtained ISO certification and the commitment to information security is adhered to in all branches and regions.

Headquarters: Mumbai, Maharashtra, India.
Founded: 2002.
Revenue: $1,1 billion (https://www.owler.com/company/hdfcergo)
Website: https://www.hdfcergo.com/

Bharti AXA General Insurance Company Limited is a joint venture between Bharti Enterprises and AXA, with 49% shares owned by AXA and 51% shares owned by Bharti Enterprises. Bharti Enterprises is an Indian multinational corporation with businesses operating in sectors such as telecommunications, financial services, hotels, manufacturing, agribusiness, real estate, agricultural products, and food. AXA is a French multinational insurance company operating in the global insurance and finance sector.

Bharti AXA's main goal is customer satisfaction. With Bharti AXA, policyholders don't need to worry about complaints as the company has a clear and seamless claim settlement process, and the claims resolution rate is up to 99.05%.

Bharti AXA offers several types of insurance such as Motorcycle insurance, Property insurance, Health insurance, Crop insurance, insurance for students, individuals and families,... In addition, to meet the needs of farmers as well as help them get the best farming methods and improve production capacity, Bharti AXA has launched the Krishi Sakha application.

Headquarters: Mumbai, India.

Founded: 2006.

Revenue: $359,1 million (https://www.owler.com/company/bharti-axagi)

Website: https://www.bhartiaxa.com/

Royal Sundaram General Insurance Co. Limited is India's first private insurance company established in 2000. At its inception, Royal Sundaram General was a joint venture between Sundaram Finance (the most prestigious banking and financial institution in India) and SunAlliance Insurance plc (the UK's oldest insurance company). Currently, all share capital is held by Sundaram Finance and other shareholders in India.

Royal Sundaram General is currently providing insurance packages for businesses, families, and individuals directly or through an intermediary partner. Royal Sundaram General's insurance services include General insurance, Health insurance, Travel insurance, Marine insurance, Vehicle insurance, Home insurance, and Accident insurance.

Royal Sundaram General also provides suitable products for individual businesses and rural customers. The company has strong relationships with reputable banks and non-bank financial institutions in India and is a pioneer in bancassurance in the country. In particular, the insurance premium for a motorcycle at Royal Sundaram General is very reasonable and can be purchased directly or online, convenient for customers' needs.

Headquarters: Chennai, Tamil Nadu, India.

Founded: 2000.

Revenue: $328,5 million (https://www.owler.com/company/royalsundaram)

Website: https://www.royalsundaram.in/

United India Insurance Company Ltd is one of India's leading insurance companies, under the Ministry of Finance and state ownership. United India Insurance Company Ltd was established in 1938 and has headquarters in Chennai, India. The company was nationalized in 1972. Initially, United India Insurance Company Ltd was a subsidiary of General Insurance Corporation of India (GIC). Up to now, the company owns four main insurance companies namely United India Insurance, National Insurance, New India Assurance, and Oriental Insurance.

United India Insurance Company currently has more than 11,500 employees working in 2096 offices and provides insurance to more than 10 million people. The company is a pioneer in providing Insurance to people in rural areas. Some typical programs can be mentioned such as the Universal Health Insurance Program of the Government of India, National Livestock Insurance,...

Some insurances that United India Insurance Company provides such

• Motorcycle insurance
• Medical insurance
• Insurance for sellers...

Headquarters: Chennai, Tamil Nadu, India.

Founded: 1938.

Revenue: $184 million (https://uiic.co.in/sites/default/files/uploads/publicdisclosure/UIIAR_Bilingual.pdf)

Website: https://uiic.co.in/

Mahindra Insurance Brokers Ltd. (MIBL) is an Indian insurance company and an 80% owned subsidiary of Mahindra & Mahindra Financial Services Ltd. The company is headquartered in Mumbai, India, and was established in 1985. In 2004, MIBL was granted a Direct Broker License by the Regulatory and Development Authority (IRDA) and started the business of Direct Broking and Reinsurance Broking in 2011.

MIBL has obtained ISO 9001:2015 quality management system certification, becoming one of the rare insurance brokers in India to obtain this prestigious certification. MIBL always understands the needs of customers, is committed to providing solutions that are suitable for those needs, creative and customized to each customer with the most effective cost.

MIBL provides insurance brokerage services to the corporate and retail markets and offers products in the life and non-life sectors. Some types of insurance MIBL provide can be mentioned as Life insurance, Reinsurance, General insurance, Group insurance, Motor insurance, Customized Plans.

Headquarters: Mumbai, India.

Founded: 1985.

Revenue: $141,7 million (https://growjo.com/company/Mahindra_Insurance_Brokers_Limited)

Website: https://www.mahindrainsurance.com/