New India Assurance Co. Ltd

 Welcome to The New India Assurance Co. Ltd. - India's Premier Multinational General Insurance Company.

At The New India, we take great pride in our reputation as a trusted and reliable insurance provider. We are committed to making insurance easy to understand and accessible, which is why we offer a range of user-friendly digital platforms to facilitate insurance purchases and claims processing. With our nationwide network of offices, we enhance this accessibility.

NEW INDIA ASSURANCE CO. LTD was founded by Sir Dorabji Tata in 1919 with the motto of assuring the wellbeing of the people of India. Being a Multinational General Insurance Company, the Company today operates in 25 countries and is headquartered at Mumbai, India.

With 1,900+ offices across India and presence in 25 countries, the company has an authorized capital of INR 1,000 crore (USD 122 million) and a paid up capital of INR 824 crores (USD 100 million). The Company has been conferred the most preferred workplace award for FY 2022-23 from BFSI. The Company has been awarded the General Insurance company of the year for FY 2022-23 from BFSI. Additionally, the company received the ETascent Stars of the Industry award for Excellence & Leadership in BFSI for FY 2022-23.

We have been market leaders in India in Non-Life business for more than 50 years. Our Indian business crossed INR 18,800 crores as on 30th September 2023, highlighting a growth of 7.06% against INR 17,560 crores as on 30th September 2022. We have been rated AAA/Stable by CRISIL since 2014 and the AM Best Rating of Financial Strength Rating of B++ (Good) ; Long-Term Issuer Credit Rating of 'bbb+' (Good) ; and India National Scale Rating (NSR) of aaa.IN (Exceptional) indicating that the Company has the highest degree of Financial Strength to honour its Policyholder's obligations.