Shri Ram General Insurance was incorporated as a Joint Venture between Shri Ram Group and Sanlam Financial Group in 1998. Although, in 2012 Shri Ram Group acquired all the stakes of the company. The group’s main focus is to understand customer needs, nurturing talent and providing economic sustainability for the past 3 Decades. SGI has been awarded “Excellence in Growth Award” for two consecutive years( 2011 & 2012)
Religare Health Insurance Limited (RIL) is a specialist Health Insurer engaged in distribution and servicing of Health Insurance of Health Products. The Religare is promoted by the founders of Fortis Healthcare, which owns or manages 54 Health Facilities in India, Dubai and Mauritius. RIL is promoted by Religare Enterprises Limited, Financial groups bases out of India; it’s other share holders are Union Bank Of India and Corporation Bank.
Sompo Japan Nipponkoa Insurance Inc. is a Japanese Insurance Company. The company received Certificate and License of Registration from IRDA in 2007. It offers gamut of Financial Services including life insurance, securities, asset management and venture capital business. It’s one of the mission is to provide world class service to its consumers.
Magma HDI Generel Insurance Co. Ltd. was founded in 2009 and is a partnership between Magma Fincorp Ltd. Kolkata and HDI Global SE Germany. Magma aims to provide an entire range of Insurance needs of a customer and provides ideal customer service.
Royal Sundram Insurance has been providing innovative general insurance to individuals, families and businesses directly as well as through intermediaries and affinity partners. The firm was licensed in October 2000 and as of now 100% of its equity is held by Sundaram Finance and Other Indian Share Holders. It also offers specially designed products to the small and medium enterprises as well.
Aditya Birla Health offers Health Insurance plans for complete family and individuals to ensure health cover. It was initiated in 2015 and is headquarted in Mumbai by Birla Group Of Industries. The company aims to give best deals on Health policies.
The New India Assurance Co. Ltd., based in Mumbai, Maharashtra is one of the five Wholly Government of India owned assurance companies of India.It is the "largest general insurance company of India on the basis of gross premium collection inclusive of foreign operations".It was founded by Sir Dorabji Tata in 1919, and was nationalised in 1973.
Star Health and Allied Insurance Co Ltd is a joint venture between Oman Insurance Company UAE, Leading NRIs and an Indian company being a special purpose vehicle formed by a group of business tycoons. In April 2013,Star Health Insurance became the first Insurance company to launch a specialty policy for people suffering from Cardiac ailments, Star Cardiac care the one of its kind policy for persons who had undergone Heart Surgeries(Angioplasty and ByPass)
HDFC ERGO General Insurance Company Ltd. is a 74:26 joint venture between HDFC Ltd., India’s premier Housing Finance Institution and ERGO International AG, the primary insurance entity of Munich Re Group. The Company offers complete range of general insurance products ranging from Motor, Health, Travel, Home and Personal Accident in the retail space and customized products like Property, Marine and Liability Insurance in the corporate space.
Liberty Videocon General Insurance Company Limited is a joint venture between the Videocon Industries Limited and Liberty Citystate holdings PTE Ltd, a group company of US based Liberty Mutual Group, a leading global property and casualty group. Liberty Mutual Insurance Group was founded in the year 1912 and now is a diversified global insurer and has over 900 offices over the world. With Liberty Mutual's 100 years of supervision in the insurance industry globally, Liberty Videocon General Insurance Company Limited is here with a vision to build a customer centric business to address the distinct needs of individual and corporate customers.
A 100% subsidiary of India’s fastest growing bank, Kotak Mahindra Bank Ltd., Kotak Mahindra General Insurance was established to service the growing non-life insurance segment in India. At Kotak Mahindra General Insurance, they value customer service, quality, and innovation above everything else.
ManipalCigna Health Insurance Company Limited is a joint venture between the U.S. based global health services leader, Cigna Corporation and Indian conglomerate, Manipal Group. The company has received the regulatory license from IRDA in November 2013 and launched its operations in February 2014. ManipalCigna health Insurance is a stand-alone health insurance company, headquartered in Mumbai having a pan India presence spread across 11 cities of the country. ManipalCigna provides individuals and families with the medical coverage and assist them improve their health to lower medical costs, giving customers a sense of well-being and security.
Reliance General Insurance Company Limited is known as a leading general insurance company in India. It offers a multitude of insurance products in health insurance, motor insurance, home insurance and travel insurance. The company has also launched India’s first over-the-counter health and home policies which guarantee complete satisfaction and convenience for its customers. With 139 offices and over 12,000 intermediaries across the country, Reliance General Insurance Co. enjoys its presence in every nook and corner of the country.
Established in March 2016, Edelweiss General Insurance Ltd. offers Health Insurance, Motor Insurance, Home Insurance and more. The company is the nonlife insurance arm of Edelweiss Financial Services, which has interests in services ranging from retail finance, debt capital markets, commodities, financial markets, wealth management to asset management.
ICICI Lambord General Insurance is a combined undertaking between India’s second prime bank- ICICI Bank Ltd with its total assets summing up to USD 100 billion- and Fairfax Financial Holdings Ltd.- a Canada-based financial services company. With its 257 branches spread across the nation, it provides its services in general insurance, reinsurance, insurance claim management and investment management. Basing its plans on a customer-centric approach, the services on its offer keep changing to ensure customer satisfaction.
SBI General Insurance Company (SBI GIC) has been formed by a joint venture agreement between SBI and Insurance Australia Group (IAG). The stake owned by SBI in SBI GIC is 74 % and IAG holds 26% of the total capital. SBI GIC was registered with the Insurance Regulatory and Development Authority of India on December 15, 2009 and its registration number is 144. SBI is India's largest public sector bank. IAG is a global insurance company having presence in Australia, New Zealand, United Kingdom and Asia. IAG's premium annual premium collection is more than $11 billion and its product portfolio includes several leading insurance brands.
National Insurance Company Limited (NICL) is a government owned general insurance company setup in India. It is the second-largest non-life insurance company of India. The company which commenced in 1906 has its headquarters in Kolkata. Being one of the oldest insurance companies on India, this company has a wide network in North and East India. NIC's has had a steady growth over the years and its gross direct premium income stands at INR 9000 cr today.
United India Insurance Company offers a variety of insurance policies that pertain to the needs of everyone. Expanding itself to look into the needs of citizens living in both urban and rural areas, a first for any Insurance company. The company was established on 18th February 1938. After the nationalization of India, it has expanded itself. There are 18,300 working here while there are around 1,340 offices providing insurance cover for more than 1 crore policy holders.
IFFCO Tokio General Insurance Company Ltd. has been delighting Indian customers for the past 15 years by its well designed and vivid insurance plan range. The leading insurance company is the recipient of a number of awards, the most recent one being the “Indian Insurance Award 2016”. The company has a fantastic "Claims" settlement rate of 91.94% and is quite popular in India because of its prompt and efficient customer service.
Bajaj Auto’s financial arm Bajaj Finserve soldered bonds of a joint venture with Allianz, SE to form Bajaj Allianz. On 2nd May 2001, it received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration, and since then it has never looked back. It has won a lot of accolades on its path to success, one of them being the prestigious iAAA rating awarded by ICRA, which it has sustained for ten years now. In simple words, it has the highest turnover in terms of claims settlements.
Tata AIG General Insurance Company Limited is a joint insurance company between the Tata Group and American International Group. Tata Group has 74 % of the shares in the insurance venture and AIG has the remaining 26% shares. Headquartered in Mumbai, Tata AIG has over 2000 qualified professionals working for it. It has a network of more than 160 locations.
Max Bupa Health Insurance Ltd is a leading insurance provider in India that has been formed through the merger of Bupa Finance plc UK (a health care services provider that are based in the UK) and Max India Limited. Bupa has been leading the insurance segment globally for the past 6 decades or so and does business in more than 190 countries. The company has a 29-million strong customer base. Max India business group has interests in many segments and is a subsidiary of US$2 billion Max business group.
Bharti AXA General Insurance Company Limited is one of the leading private insurance providers in India. The two multinational businesses that came together to form this company are industry leaders. The Indian conglomerate, Bharti Enterprises and the French insurance firm, AXA bring their best to the table. The company began in the year 2008. Even though it is relatively new, it has been recognized for its services multiple times.
Digit Insurance is an online general insurance company that offers a wide range of non-life insurance products such as car insurance, bike insurance, travel and home. Go Digit General Insurance Limited was incorporated in the year of 2016 and the company is based in Bengaluru, India. The company follows a unique strategy of multi-channel distribution of insurance plans, along with the digital platform for resolving claims and customer service.
Aegon an Intenational provider of Life Insurance, pensions and Asset Management, Religare, holding company for one of India’s leading diversified financial groups and Coleman & Company, India’s largest media conglomerate have come together to launch AEGON Religare Life Insurance Company(ARLIC). The joint venture adopts a local approach with the power of global expertise to launch products that are focused on providing customers with the means to meeting their Long Term Financial Goals.
Max Life Insurance is a joint venture between Max Financial Services Ltd. And Mitsui Sumitomo Insurance Co. Ltd. Max Life Insurance offers comprehensive long term savings, protection and retirement solutions through its high quality agency distribution and multi channel distribution partners. In the year 2015, it won “Bancassurance Award” and “Agency Productivity Award”.
Future General India Insurance is a joint venture between the Future Group- The game changers in Retail Trade in India and Generali: 186 years old global insurance group. The company’s unique ability to provide all general insurance solutions under one roof, wide network and good claim servicing capabilities makes it the most preferred company for its consumers.
Reliance Life Insurance is a part of Reliance Capital of the Reliance Group. Reliance Capital is one of India's leading private sector financial services companies, and ranks among the top private sector financial services and non-banking companies, in terms of net worth.
Bajaj Allianz is a joint venture between Bajaj Finserv Limited and Allianz SE. Both enjoy a reputation of expertise, stability and strength. This joint venture Company incorporates global expertise with local experience. The comprehensive, innovative solutions combine the technical expertise and experience of Allianz SE, and in-depth market knowledge and goodwill of "Bajaj" brand in India. Competitive pricing and quick honest response have earned the Company the customer's trust and market leadership in a very short time.
Aviva India is a joint venture between Dabur Invest Corp (DIC) and Aviva International holdings Limited (AIH) - a UK based insurance group, whose association with India dates back to 1834. Current paid up capital amounts to Rs 2,004.9 crore. DIC holds 74% of the share capital while AIH holds 26% of the share capital. Aviva Group serves 31 million customers across 16 countries.
HDFC Life is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings & Investment and Health, along with Children’s & Women’s Plan.
One of the leading life insurance companies in India with MetLife International Holdings LLC and Punjab National Bank as our majority shareholders. Present in over 7,000 locations (including offices of our Bancassurance distributors), we provide a wide range of life, health and retirement insurance products.
Bharti Axa Life Insurance Co. Ltd. is the collaboration between Bharti Enterprises and the AXA group. It offers the combination of a trusted Indian company, Bharti Enterprises, a leader in the Asian-African business field. The company was founded as a joint venture between the partners in December 2006. Bharti Enterprises holds 51% of the company’s stake while the AXA Group owns the remaining 49%.Headquartered in Bangalore, it boasts of 124 branches spread across India. It promises the services of 16,000 well-trained advisers.
Canara HSBC Oriental Bank of Commerce Life Insurance Company is a joint venture insurance company formed by the partnership of Canara Bank, Oriental Bank of Commerce and HSBC Insurance. Canara Bank, undertaken by the government of India has been in the banking history for a century. With a huge network of 2800 branches across India, it is one India's largest banks. The HSBC group, spread over 80 countries, is one of the global leaders in banking and financial services.
SBI Life Insurance Company Limited is a collaboration between SBI or State Bank of India, and the BNP Paribas Cardif S.A. BNP Paribas Cardif holds 26% of the total share and while SBI holds 74% of the shares. With an authorized capital of Rs 2,000 cr and a paid up capital of Rs 1,000Cr, SBI life has become one of the leading life insurance companies in India.
A joint endeavour of the AIA Group (AIA) and Tata Sons, Tata AIA Life or Tata AIA Life Insurance Company has an unparalleled reputation in India. AIA has a status of being the world's largest pan-Asian life insurance company. Together these two form one of the most trusted brands in the insurance section in India. With branches across all major cities of India, Tata AIA offers an extensive array of policies to choose from. It offers life, health and group insurance policies to all sections of the society in India.
Established in 2006, Shriram Life Insurance Company Ltd is a joint insurance company between Sanlam Group, a life insurance conglomerate operating in of South Africa, and the Shriram Group, the leading Indian brand with 25 companies in its cap. Shriram Life Insurance Company Limited is the only private sector insurance company which has made profits within the first 3 years of setting food in the market. It has been recognized as the country's most profitable life insurance company.
ICICI PRU Life Insurance Company is the conglomerate of ICICI Bank which is one of the largest private sector banks in India and very successful private international financial company Prudential Plc, a based out of United Kingdom where ICICI Bank has 74%, and 26% of the stake belongs to Prudential Plc. which is in absolute adherence to the government of India rules and regulations. ICICI PRU Life Insurance Company Ltd. was incorporated in 2000 basing its operation mainly in the financial sector. ICICI PRU Life Insurance Company Ltd.
IDBI Federal Life Insurance Co.Ltd is a joint venture of three companies, IDBI Bank Ltd, one of India’s top-notch commercial and development bank, Federal Bank, one of the strongest banks of India in the private sector and Ageas, a global insurance company based out of Europe. Formed in 2008, IDBI Bank Ltd is the largest shareholder having 48% stake while Federal Bank and Ageas each have 26% equity shareholding in the company.
Edelweiss Tokio Life Insurance Co. Ltd., a joint venture between Tokio Marine Holdings Inc., a leading life insurer of Japan and Edelweiss, a fast growing financial service company of India, has been established in the year 2011. The insurance company brings some modern options for the Indians of the new era.
Pramerica Life Insurance Limited is one of India’s fastest-growing Life Insurance company. This company provides insurance solutions not only to individual people but also to groups taking care of a customer’s financial need such as securing the future of the customer’s child, retirement planning along with savings and wealth creation. This company was established in April 1984 by late Mr.Rajesh K Wadhawan. The company officially opened its doors for business in September 2008.
Kotak Mahindra Old Mutual Life Insurance Ltd is an insurance enterprise linking Old Mutual Public Limited Co. (having 26% of the shares) and Kotak Mahindra Bank (having 74% of the shares). Commenced in 2001, the company has its headquarters in London. Established in 1985, the Kotak Mahindra Group is one of India's most reputed companies in financial services, and it caters to a wide range of financial schemes and insurances.