NEW INDIA ASSURANCE CO. LTD, has been established for some time. Originally founded in 1919 by Sir Dorabji Tata as a Multinational General Insurance Company.
Today the company, while headquartered in Mumbai, operates in 28 countries globally. The New India Assurance Co. have been market leaders in India for over 40 years. More recently, the company is becoming known as one of the leaders in the UAE market.
The New India Assurance Co. offer a variety of insurance services ranging from motor insurance, personal accident insurance, and home insurance. However, they also offer services for more niche products such as marine cargo insurance and electronic equipment cover.
The company has been rated AAA/Stable by CRISIL since 2014. This is a good recognition that they have the highest degree of Financial Strength to provide for their Policyholder’s obligations.