![]() The Company was a subsidiary of Life Insurance Corporation of India from 1956 to 1973 (till the General Insurance Business was nationalized in the country). The Company was a wholly owned subsidiary of The Oriental Government Security Life Assurance Company Ltd and was formed to carry out General Insurance business. was incorporated at Mumbai on 12 September 1947. The Company offers more than 170 General Insurance products. India’s insurance penetration was pegged at 4.2 in FY21, with life insurance penetration at 3.2 and non-life insurance penetration at 1.0. The life insurance industry is expected to increase at a CAGR of 5.3 between 20. ![]() The company has over 14000 employees spread across 2276 offices providing insurance to 1.74 crore customers. In India, the overall market size of the insurance sector is expected to US 280 billion in 2020. L Jai Shroff Global CEO of the Group 1/4 Stewardship Commitment Our commitment to stewardship and safety Know More Reimagining Sustainability Maintaining a healthy environment & Business. Navi Technologies is founded by Mr Sachin Bansal, Co-founder of Flipkart, (which was subsequently sold to Walmart). UPL is committed to strengthening food security in over 130 countries by offering world-class technologies and solutions for sustainable agriculture production. It is now Promoted by M/s Navi Technologies Pvt Limited which now holds 100 stake in the Company. ₹12,747.42 crores in the financial year 2020–21. Established in 1938, United India Insurance Company Limited is one of the oldest companies in the insurance sector in India. has recently undergone a change of ownership. The company had recorded a gross premium of Rs. Deep competencies in managing insurance enterprise applications and integrating intelligent technologies. Proven, digital-first services and solutions for front, middle, and back office insurance operations. The company also has branches in Nepal, Kuwait, and Dubai. Strategic operations support, technology, and data services for insurance organizations worldwide. It has 29 regional offices and more than 1500 active branches across the country. The headquarter of the company is located in New Delhi. It was incorporated on 18 February 1938, and nationalised in 1972. It is under the ownership of Ministry of Finance, Government of India. It is under the ownership of Ministry of Finance, Government of India. United India Insurance Company is a leading Indian nationalised general insurance company. is an Indian nationalised general insurance company. Ministry of Finance, Government of India
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |