The New India Assurance Company Ltd. (NIACL) is a leading public sector general insurance company in India. It was founded by Sir Dorabji Tata in 1919 and was nationalized in 1973. Headquartered in Mumbai, Maharashtra, NIACL is a global insurance provider, with operations spanning 28 countries.
About New India Assurance:
- Foundation: Established on July 23, 1919.
- Founder: Sir Dorabji Tata.
- Nationalization: Became a wholly government-owned entity in 1973.
- Industry: General Insurance.
- Services: Offers a wide range of insurance products including motor, health, travel, home, and commercial insurance.
Key Facts:
- Market Presence: NIACL is the largest general insurance company in India based on gross premiums collected and has a strong presence in the Middle East, Southeast Asia, and other regions.
- Network: Extensive network of offices and branches across India and globally.
- Employees: Employs thousands of people, contributing significantly to the insurance sector in India.
Location:
- Head Office: New India Assurance Building, 87, M G Road, Fort, Mumbai, Maharashtra, India.
Global Presence:
- Operates in 28 countries with offices in key cities worldwide.
- Subsidiaries and associated companies help manage its international operations.
Contact Information:
- Website: New India Assurance
- Customer Support: Various channels for customer service including phone, email, and in-person at branch locations.
New India Assurance is renowned for its robust product offerings, financial stability, and customer service. It plays a crucial role in the Indian insurance market and continues to expand its global footprint.
