The New India Assurance Co. Ltd.

The New India Assurance Co. Ltd.

One of the Largest public sector general insurance company of India. New India Assurance operates both in India and foreign countries. Buy or renew insurance online.

InsuranceFounded 191910001-50000 employeesPublicMumbai, Maharashtra

About The New India Assurance Co.

One of the Largest public sector general insurance company of India. New India Assurance operates both in India and foreign countries. Buy or renew insurance online.

NEW INDIA ASSURANCE CO. LTD, founded by Sir Dorabji Tata in 1919, a Multinational General Insurance Company, today operates in 28 countries and headquartered at Mumbai, India. Our global business crossed Rs. 26607 crores in March 2019.We have been market leaders in India in Non-Life business for more than 40 years. Our Indian business crossed Rs.23910 crores in March 2019. We are the only direct insurer in India rated A-(Excellent) by AM BEST Company since 2007. We have been rated AAA/Stable by CRISIL since 2014, indicating that the Company has the highest degree of Financial Strength to honour its Policyholder's obligations.We have been leading the market, apart from premium, in reserves & net worth for many years.

Culture & Life

New India Assurance fosters a culture of customer centricity, integrity, and professionalism. The company emphasizes employee development and empowerment and encourages a collaborative work environment. It is committed to ethical business practices and social responsibility.

A little more about The New India Assurance Co.

Headquarters
Mumbai, Maharashtra, India
Ownership
Public
Presence
Global
Largest Office
Mumbai (84 offices)

Awards & Recognition

Fortune India 500 (2019)Fortune India 500 (2020)Fortune India 500 (2021)Fortune India 500Fortune India 500 (2022)Fortune India 500 (2023)

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Frequently asked questions about The New India Assurance Co.

What does The New India Assurance Co. Ltd. do?

The New India Assurance Co. Ltd. is a leading company in the Insurance sector. It provides innovative solutions to clients across multiple industries globally.

Where is The New India Assurance Co. Ltd. headquartered?

The New India Assurance Co. Ltd. is headquartered in Mumbai, Maharashtra. The company operates across multiple locations in India and internationally.

How many employees does The New India Assurance Co. Ltd. have?

The New India Assurance Co. Ltd. employs 10001-50000 professionals worldwide. The company continues to grow and regularly hires across various functions and geographies.

When was The New India Assurance Co. Ltd. founded?

The New India Assurance Co. Ltd. was founded in 1919. Over the years it has grown into a globally recognised organisation in the Insurance space.

Who is the CEO of The New India Assurance Co. Ltd.?

The CEO of The New India Assurance Co. Ltd. is . The leadership team is committed to driving innovation and employee growth.

Is The New India Assurance Co. Ltd. a good place to work?

The New India Assurance Co. Ltd. is widely regarded as a strong employer in the Insurance sector. The company offers structured career paths, learning programmes, and a collaborative work environment.

What is the hiring process at The New India Assurance Co. Ltd.?

The hiring process at The New India Assurance Co. Ltd. typically includes an online application, aptitude or technical assessments, and multiple interview rounds. The process varies by role and experience level.

Does The New India Assurance Co. Ltd. hire freshers?

Yes, The New India Assurance Co. Ltd. actively recruits freshers through campus placement programmes and graduate hiring drives. Entry-level roles are available across technology, business, and operations functions.

What are the career growth opportunities at The New India Assurance Co. Ltd.?

The New India Assurance Co. Ltd. invests in employee development through structured learning platforms, mentorship programmes, and internal mobility. Employees can advance across technical, managerial, and leadership tracks.

What benefits does The New India Assurance Co. Ltd. offer to employees?

The New India Assurance Co. Ltd. offers a comprehensive benefits package that typically includes health insurance, paid leave, retirement benefits, and learning allowances. Specific benefits may vary by location and role level.