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Re: Founder of NIACL
New India Assurance Co. Ltd was incorporated on July 23rd, 1919 and founded by the House of Tata Founder member - Sir Dorab Tata. It was nationalized in 1973 with merger of Indian companies. It operates both in India and foreign countries. It has collaborated with some of the leading public sector bank of India like State Bank of India, Central Bank of India, Corporation Bank and United Western Bank to increase its distribution network. Awards It was selected as the General Insurance Company of the year in the 6th Fintelekt India Insurance Awards at a ceremony held at Lalit Sahar, at Mumbai on 26 June 2015. "THE BEST GENERAL INSURANCE COMPANY” consecutively for the third time in 6th Dalal Street Investment Journal PSU Award at Delhi It has emerged as India’s Best General insurance Company for MSMEs, from a Nationwide Survey & Analysis of Small & Medium Enterprises, in 2013-14 conducted by India SME Forum. It has received three awards at the 4th Indian Insurance Awards organized by Fintelekt at a grand function held at Mumbai in 2014: 1) Personal Lines Growth Leader 2) Underserved Market Penetration 3)Technology Maturity New India has received the Platinum Award for Excellence in General Insurance at the 36th SKOCH Summit 2014 at Delhi It has been selected for Prestigious Indira Gandhi RajBhasha Puraskar for outstanding performance in implementation of Official language Hindi. J.D Power Asia Pacific part of McGraw Hill Companies has ranked it, the highest in satisfying auto insurance customers. International Presence A. FOREIGN BRANCHES Japan Tokyo Nagoya Hiroshima Okayama Sapporo Osaka Himeji Hong Kong Hong Kong Philippines Manila Thailand Bangkok Australia Sydney Fiji Suva Lautoka Labasa Nadi Mauritius Port Louis U.K. London-Fenchurch Ipswich New Zealand Auckland B. FOREIGN AGENCIES Abu Dhabi (U.A.E.) Abu Dubai Dubai (U.A.E.) Dubai Bahrain Bahrain Kuwait Kuwait Oman Muscat Dutch Caribbean Aruba Neterhlands Antilles Curacao C. SUBSIDIARY COMPANIES Nigeria Lagos Kano Port Harcout Trinidad & Tobago Port of Spain St. Lucia Castries Dominica Roseau St. Maarten Philipsburg Sierra Leone Freetown D. ASSOCIATES Wafa Insurance, Saudi Arabia (previously SICCI) India International Insurance Pte Ltd., Singapore Kenindia Assurance Company Ltd., Nairobi,Kenya |
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