Insurance Companies in India

Insurance companies are the backbone of nation’s risk management. There are several esteemed Insurance companies in India to help the insured cope with the financial consequences during 'sudden and accidental'events. Wide array of insurance products are offered to you from these companies. Following are some of the prominent Insurance companies in India.

Below are the list of Insurance companies in India

Tata AIG General Insurance Company Limited is a joint venture company, formed by the Tata Group and American International Group, Inc. (AIG). Tata AIG General combines the Tata Group's pre-eminent leadership position in India and AIG's global presence as the world's leading international insurance and financial services organization. The Tata Group holds 74 per cent stake in the insurance venture with AIG holding the balance 26 percent. Tata AIG General Insurance Company, offers complete range of general insurance for motor, home, accident & health, travel, energy, marine, property and casualty, liability as well as several specialized financial lines.
Bajaj Allianz General Insurance Company Limited is a joint venture between Bajaj Finserv Limited (recently demerged from Bajaj Auto Limited) and Allianz SE. Both enjoy a reputation of expertise, stability and strength.
Reliance General Insurance (RGI) is one of the fastest growing private sector general insurance companies in India and offers a range of products for the corporate and individual customers. RGI currently offers over 95 insurance products including health, home, motor, travel, fire, engineering, marine, liability, and aviation sectors. RGI has achieved the ISO 9001:2000 certification for maintaining quality standards across all functions, processes, products and locations pan-India.
Cholamandalam MS General Insurance Company(Chola MS) is a joint venture between the US$2.0 Billion Murugappa group &Mitsui Sumitomo Insurance Group Japan.
Quality healthcare and Apollo have become synonymous in the Indian subcontinent, a fact reiterated by global healthcare experts and international accreditation bodies. Committed to bring world class health care within the reach of every individual, Apollo Hospitals Group has joined hands with DKV, a world leader in the field of health insurance. The joint venture is poised to make good the conviction of both the partners that Indian health insurance market is on the brink of explosive growth.
Future Generali is the Insurance joint venture of the Future Group of India & Generali Group of Italy providing a complete range of Life & General insurance solutions to customers and enterprises.
Star Health Insurance products are designed to suit unique medical insurance requirements of people. Star Health Insurance company is one of the largest among the private sector. Star Health has pan India presence and has health insurance plans with Cashless hospitalization and Reimbursement facility in more than 4900+ Network Hospitals all over India. Star Health is also known for hassle free and customer friendly claims support.
Max Bupa health insurance company is one of the India's most prominent insurers with trendsetting customer service and claims settlement experience. Max Bupa insurance company is a joint venture between Max India Limited and the UK based Bupa Finance PLC. Max India brings local expertise and service excellence in healthcare and insurance. The Health insurance plans are designed with precision by understanding customer requirements.
NEW INDIA ASSURANCE CO. LTD, founded by Sir Dorabji Tata in 1919, a Multinational General Insurance Company, today operates in 28 countries and headquartered at Mumbai, India. Their global business crossed ₹26607 crores (India business crossed ₹23,910 crores) as onMarch 2019.
Oriental specializes in devising special covers for large projects like power plants, petrochemical, steel and chemical plants. The Company has developed various types of insurance covers to cater to the needs of both the urban and rural population of India. The Company has a technically qualified and competent team of professionals to render the best customer service.
Bharti Axa offers their health insurance customers the option of availing quality treatment at more than 4,500+ leading hospitals across the country. With an incurred claims ratio of 89.00%, they also covered 17.40 lac lives during the same year 2018-19, as per the data provided by IRDAI.
Kotak General Insurance is a 100% subsidiary of India’s fastest growing bank, Kotak Mahindra Bank Ltd and 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. The company aims to cater to a wide range of customer segment & geographies offering an array of non-life insurance products like Motor, Health, etc.
Raheja QBE is a joint venture between Rajan Raheja Group and QBE Insurance, Australia’s second largest global insurer. Raheja QBE has been established to help create the most conducive environment for consumers and partners in the insurance sector. While Rajan Raheja Group brings in its extensive knowledge across various business sectors in India, QBE insurance offers global expertise in insurance that together results in innovative insurance solutions for diverse consumers.
Care(Formerly Religare) brings you a comprehensive travel insurance plan that curbs out the worries of uninvited troubles on your dream family holiday.
Quality healthcare and Apollo have become synonymous in the Indian subcontinent, a fact reiterated by global healthcare experts and international accreditation bodies. Committed to bring world class health care within the reach of every individual, Apollo Hospitals Group has joined hands with Munich, a world leader in the field of health insurance. The joint venture is poised to make good the conviction of both the partners that Indian health insurance market is on the brink of explosive growth.
Go Digit General Insurance Limited is a non-life general insurance company in India. Go Digit started out as Oben (German for above) and later converted the company name to Go Digit General Insurance company and as the name suggests, offers non-life general insurance solutions through their digital platform.
Buy HDFC ERGO General Insurance Plans ONLINE for your journey.HDFC ERGO General Insurance Company Ltd. is a 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.
Royal Sundaram General Insurance Co. Limited (formerly known as Royal Sundaram Alliance Insurance Company Limited), is the first private sector general insurance company in India to be licensed in October 2000 by the Insurance Regulatory and Development Authority of India. The company was initially promoted as a joint venture by Sundaram Finance, one of the most respected non-banking financial institutions (NBFCs) in India and other Indian Shareholders. In February 2019, Ageas Insurance International N.V. acquired 40% equity stake in Royal Sundaram from the existing Indian Shareholders after necessary Regulatory approvals. Consequent to this divestment, the stake of Sundaram Finance in our company is currently at 50%, Ageas Insurance holds 40% and the other Indian shareholders hold the remaining 10%.
The insurer has a range of general insurance products in its basket that fulfil varied requirements of different sections of people across India. These are health insurance, motor insurance, travel insurance, and home insurance. One of the most promising products offered by Universal Sompo General Insurance is health insurance. The insurer offers affordable and easy to understand health insurance policies that you can purchase on an individual or floater basis. These policies are designed in a way that they offer the customer multiple benefits including both basic coverage features as well as advanced coverage benefits. All in all, the insurer protects you from burning a hole in your pocket in case of medical emergencies.
The company offers a wide range of general insurance products in retail and commercial space at affordable prices to make insurance accessible to all individuals and businesses. Their mission is to provide simple and innovative general insurance solutions, be responsive to our customers' needs and build a sustainable business for the future while imparting their Values of “TEAMS” in everything they do…TEAMS stands for Transparency, Empathy, Agility, Motivation and Service.
The company offers a comprehensive product bouquet of all lines of business such as Car Insurance, Two-wheeler Insurance, Health Insurance, Travel Insurance and Home Insurance, including corporate policies such as property insurance and liability insurance.
ManipalCigna Health insurance Company Limited (formerly known as Cigna TTK Health Insurance Company Limited) is a joint venture between the Manipal Group, a leader in the field of healthcare delivery and higher education in India and Cigna Corporation, a global health services company with presence in 30+ countries and serving 160 million+ customers around the world.
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