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New India Assurance

New India Assurance

New India Assurance is a leading general insurance company in India, offering a comprehensive range of insurance products and services to individuals and businesses. Established in 1919, it boasts a long history of providing reliable risk coverage and financial security. The company's offerings span various sectors, including motor, health, fire, marine, and engineering insurance, catering to diverse needs across the nation. It operates through an extensive network of branches and agents, ensuring wide accessibility to its services. New India Assurance is known for its robust claims settlement process and commitment to customer satisfaction, maintaining a significant market share within the competitive Indian insurance landscape. Its strong financial position and reputation for stability make it a trusted insurer for a wide range of clients.

New India Assurance Building, 87, Mahatma Gandhi Road, Fort, Mumbai – 400001, Maharashtra, India
Over 10,000 employees (This number fluctuates; precise current count requires further research.)

About Us

- New India Assurance Co. - Ltd. - is a leading public sector general insurance company in India, established in 1919, and formerly a Tata subsidiary. - The company has been pivotal in developing the Indian insurance industry, adapting to market changes and technological advancements. - New India Assurance offers a wide range of insurance products for individuals and corporations, including motor, health, marine, engineering, and aviation coverage. - Its extensive branch network, agents, and customer service channels, combined with a commitment to innovation, solidify its position in the Indian insurance sector. - The company's substantial capital base and high solvency ratios demonstrate its financial strength and stability.

Vision

To be a globally recognized and trusted general insurer, consistently delivering superior value to stakeholders while upholding the highest standards of corporate governance and social responsibility.

Mission

To be the leading provider of general insurance solutions in India, consistently exceeding customer expectations through innovative products, efficient services, and unwavering commitment to ethical practices.

Culture

- New India Assurance values teamwork, professionalism, integrity, and customer focus, encouraging employee initiative and innovation. - A collaborative work environment is dedicated to exceptional client service. - Continuous learning and professional development are emphasized to enhance employee skills. - The company promotes a diverse and inclusive workplace where employees feel valued.

Specialties & Industries

Motor InsuranceHealth InsuranceFire InsuranceMarine InsuranceEngineering InsuranceTravel InsuranceLiability InsuranceCrop Insuranceand other specialized insurance products for individuals and businesses.Financial ServicesB2CB2BEnterprisePublic Company

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