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New India Assurance

#3397

Rank

$3.33B

Marketcap

IN India

Country

New India Assurance
Leadership team

Mr. Phillip Scott (Chief Under Writer - Facultative)

Mr. James Day (Chief Underwriter - Treaty)

Ms. Neerja Kapur (Chairman & MD)

Products/ Services
Health Insurance, Insurance, Life Insurance
Number of Employees
1,000 - 20,000
Headquarters
Mumbai, Maharashtra, India
Established
1919
Net Income
5M - 20M
Revenue
Above - 1B
Traded as
NIACL.NS
Overview
Location
Summary
The New India Assurance Company Limited, together with its subsidiaries, operates as a general insurance company in India and internationally. The company provides marine cargo and hull, motor, health, travel, home and contents, customized business and SME products, agricultural, other personal, industrial, machinery, aviation, rural, social sector and micro insurance, miscellaneous and liability, fire and engineering, crop, credit shield, personal accident, and property insurance products. It also offers reinsurance products; and government schemes. The company was incorporated in 1919 and is headquartered in Mumbai, India.
History

New India Assurance Co. Ltd. was established in 1919 and has been at the forefront of the Indian insurance sector for nearly a century. In 1973, the Government of India nationalised the company and it is now wholly owned by the Government of India.

Mission
Our mission is to provide the best possible service to our customers, through our wide range of insurance products and services.
Vision
Our vision is to become a leading provider of insurance and financial services in India and abroad.
Key Team

Mr. Titus Francis Maliakkel (GM & CFO)

Mr. Elankumaran Ramasamy (Chief Operating Officer)

Mr. Pankaj Kumar Agarwal (Chief Mang. & Chief Investment Officer)

Ms. Jayashree Nair (Company Sec. & Chief Compliance Officer)

Ms. Rekha Gopalakrishnan (GM, Head of Reinsurance & Financial Advisor)

Mr. Jitender Mehndiratta (Chief Marketing Officer & GM)

Mr. Amit Misra (GM & Chief Risk Officer)

Recognition and Awards
New India Assurance Company has been awarded many awards and accolades including the World Confederation of Businesses Award for Business Excellence, World Insurance Awards and Best Insurance Company by Business Excellence Magazine.
References

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New India Assurance
Leadership team

Mr. Phillip Scott (Chief Under Writer - Facultative)

Mr. James Day (Chief Underwriter - Treaty)

Ms. Neerja Kapur (Chairman & MD)

Products/ Services
Health Insurance, Insurance, Life Insurance
Number of Employees
1,000 - 20,000
Headquarters
Mumbai, Maharashtra, India
Established
1919
Net Income
5M - 20M
Revenue
Above - 1B
Traded as
NIACL.NS