ABOUT USOur Company Details

Who We Are

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. Our global business crossed Rs. 26,554 crores in March 2018. We have been market leaders in India in Non – Life business for more than 40 years. Our Indian business crossed Rs.22,952 crores in March 2018. We are the only direct insurer in India rated A-(Excellent) by AM BEST Company since 2007. We have been rated AAA/Stable by CRISIL since 2014, indicating that the Company has the highest degree of Financial Strength to honor its Policyholder’s obligations.

Our Core Team

  • Taghreed Salem Al Mohairbie

    Managing Director (Abu Dhabi Shipping Agency)

  • Mr. A. Mohan

    Chief Operating Officer

  • Ms. Lizy Jaiboy

    Agency Manager

  • Mr. Jojo Isac Thomas

    Fire & Misc.

  • Mr. Bino John

    Fire & Misc. Claims

  • Ms. Sheeba

    Motor Underwriting

  • Mr. Subin Philip

    Marine

  • Ms. Aji George

    Accounts

  • Ms. Ola Saeed

    Motor Recovery

  • Ms. Rosita Silveria

    Motor Claims

Our History

Established by Sir Dorabji Tata 1919, New India is the first fully India Government owned insurance company in India with a wide range of policies. New India is the largest non-life insurance insurance company in India and also one of the leading insurers in the Afro-Asian region. It has its offices across India and in various countries abroad

Our Strengths

Largest number of offices - India and abroad. 19,000 trained and technically qualified staff. 2200 fully computerised offices across India. First domestic company to be rated by an International Rating Agency. Rating based up on following factors:- Superior capital strength, Strong operating performance, Dominant market position. Only company to develop significant International operating, long record of successful trading outside India.

International Presence

Overseas operation commenced in 1920. Operation in 28 countries. Network of 9 Branches, 7 Agencies, and 3 Subsidiary companies. Overseas Premium of USD 465 million in the year 2014-15, which accounts for more than 17.71% of total premium in India.

Security Rating

"A-(Excellent-Stable)" rating by A.M. BEST CRISIL RATING "AM (Stable Otlook)"

Our Products Offered

Personal Accident Insurance

Contract works insurance

Property Insurance

Erection of Machinery Insurance

Vehicle Insurance

Plant and Equipment Insurance

Marine Cargo

Deterioration of stock Insurance

Money Insurance

Electronic Equipment Insurance