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The New India Assurance Company Limited, one of the top general Insurance companies in India for over 40 years is also known as New India insurance Company Limited. It is a multinational general insurance company owned by the Government of India. The company operates in 28 countries all over the world and its headquarters is located in Mumbai.
The New India Assurance Company Limited was established on 23rd July 1919 by Sir Dorab Tata. Over the years, the company has grown tremendously and has had significant achievements. Today, the company has 2097 offices, 1041 micro officers across the country, along with 19,000 employees and 50,000 agents. Recently, New India Assurance has made collaboration with some leading public sector banks in India like Central Bank of India and State Bank of India.
The company has 170 general insurance products in their Portfolio and caters to most of the industrial sectors in India, such as Petrochemical, power & steel plants, aviation, satellites, large projects & infrastructure, etc.
Internationally the company operates in 28 countries through subsidiaries, agency operations, direct branches and associate companies. Moreover, New India Insurance has also equity participation in insurance companies in Singapore, Saudi Arabia, Jordan and Kenya.
Now, let's look at the different policies offered by New India Insurance.
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To make an easy and quick way for consumers, New India Assurance has launched an online web portal. Customers can buy new policies and renew an existing policy online. Also, through NIA online portal consumers can also calculate premium by using the premium calculator.
New India Insurance has been one of the most prominent insurance companies in India. Before choosing any plan, it is advisable to look at the policy's terms & conditions and opt for a plan that meets your objectives!
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