New India Assurance

New India Assurance

The New India Assurance Company was started on July 23, 1919 by the House of Tata Founder member – Sir Dorab Tata. Today, this company has been ranked as India’s No. 1 and leading insurance company with its wide network of channels and services all over the country. The company is credited to complete 90 years of service and regarded as a pioneer in insurance and financial sector. The New India Assurance Company is the only insurance company in India to have its operation abroad. Today, the company has its function in 24 countries, mainly in the Middle East, Fiji, Japan, U.K and Australia with a network of 19 branches, 12 agencies, 2 each of associate companies and subsidiary companies. In India, it has 26 Regional Offices, 393 Divisional Offices, 614 Branches and 34 Direct Agent Branches. Insurance Companies in India

New India Assurance Services
Regarding its present financial status in India, the net income of the company was estimated to Rs. 5017.20 crores ( as per 2006-07), with assets of Rs. 27444.57 crores (as on 31st March 2007). The company also launches new and innovative products to meet the need and requirements of all individuals and corporate. The  company offers wide range of policies with quality and genuine services. Whether it is personal or organization, you can get all types of policies with best premium and finest return rates. The company also provides quick and reliable claims settlements attracting new customers.

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Royal Sundaram

Royal Sundaram Alliance Insurance

Royal Sundaram Alliance Insurance Limited was formed as a joint venture between Sundaram Finance Limited India and Royal & Sun Alliance PLC London. In this venture, the Sundaram Finance Limited  holds 74% share and the Royal & Sun Alliance PLC holds 26%.  Royal Sundaram Alliance Insurance Limited was founded soon after the liberalization of the Indian insurance companies from the parent heads and started its operation in 2001. Royal & Sun Alliance PLC has been recognized as one of the world’s largest asset managers. Royal & Sun Alliance PLC has over 100 years of financial experience and has spread its business in over 70 countries all around the world. Royal Sundaram Alliance Insurance has both life insurance and general insurance to cater to the needs and requirements of all individuals, and corporate as well. At present, it is one of the leading and rapidly growing insurance companies in India.

Services
The company has wide range of innovative products to suit wide variety of customers, right from the common man to corporate giants and even social sector companies. The company is the first to have been credited to introduce cashless hospitalization and the first to introduce co-branded credit cards. Royal Sundaram Alliance Insurance presents a wide range of general insurance plans and policies for motor, home, accident, health, travel, energy, property, casualty, marine, liability purposes, as well as several specialized financial purposes. Besides its various beneficial policies the insurance company also ensures easy and fast claim settlements.

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