About us

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. 31573 crores in March 2021. We have been market leaders in India in Non-Life business for more than 50 years.Our Indian business crossed Rs.28548 crores in March 2021. We are rated B++ Stable FSR Rating and bbb+ Stable ICR Outlook by AM BEST Company. 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. Indian Operations Our Indian operations span across all territories through 2214 offices, including 473 DOs, 587 BOs, 25 DABs and 1086 Micro Offices. We have 15249 employees and 1,02,804 agents as on 31st March 2021, providing insurance services to our customers. We have over 250 products.

Foreign Operations

New India's overseas operations have a long tradition, dating back to the inception of the Company itself. In 1920, within one year of the incorporation of the Company, New India opened an office in London in the United Kingdom. Today it operates in 28 countries through direct branches, agency operations, subsidiary companies, Representative office and Associates. In the Kingdom of Bahrain, we started our operations in the year 1959 represented by The International Agencies Co. Ltd. (Intercol) and have been successfully running our operations since then.

About Agency Operations

The long and rich history of friendship that the Kingdom of Bahrain and the Republic of India share is founded on trust and a robust trade and business partnership since the time of the Dilmun and Indus Valley civilizations.

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