Know about New India Assurance Co. Ltd.

                                      New India Assurance Co. Ltd.

 Assurance Co. Ltd was consolidated amid 1919 by Sir Dorab Tata. It is additionally the first safety internet supplier within the nation to be entirely claimed by associate degree Indian.

Since its beginning, the association has been a groundbreaker in the protection space - it's secured the foremost prompt ever native transporter of India amid 1946 and giving satellite protection amid 1980.

With its various scope of things and administrations, New India Assurance is while not more fuss one of the most names within the protection space in India further as within the Afro-Asian markets.

Taking after ar some important information regarding the association:

28 provincial workplaces

26 direct specialists branches

5 major company workplaces

149 smaller scale workplaces

400 divisional workplaces

Greatest supplier of non disaster protection things in Afro-Asian markets alternative than Japan

588 branches

In the first place non life duplicate arrange in India to own hit the INR 10073.88 crores mark in gross premium

The accompanying actualities highlight the worldwide neighborhood delighted in by New India Assurance:

Begun global operations amid 1920

7 organizations

Worked in 20 nations outside India in 2011-12

1 partner organization

9 branches

3 backup organizations

New India Assurance has 1085 workplaces, which ar utterly electronic, the nation over making it the best system of its kind in India. A.M. Best and Co from Europe has given it an A-rating. It has been appraised exceptionally for the accompanying components of its operations:

Capital situating

Market position

Working execution

It is likewise among the Indian associations that have developed a generous base of operations outside the state and have done in and of itself for a formidable timeframe. Taking after ar some of its important accomplishments:

Most punctual organization to open associate degree Aviation Insurance Department in 1946

To begin with ever association to own concocted the model office getting ready plan

To begin with ever guarantor to own managed the Hull Insurance requirements of the Indian Shipping Fleet

To begin with guarantor to own established associate degree workplace for building protection

Most punctual organization to have established its own preparation foundation

The items and administrations of recent India Assurance ar accessible through the related  channels:

Representatives

Operators

Outsider Administrators

Surveyors

New India Assurance Management

The governing body at New India Assurance is comprised of the related  authorities:

Name Designation

AR Sekar Chairman cum Managing Director (Officiating)

Sundaresan Ganapathi Subramanian Part Time Non Official Director

Arvind Kumar IAS, Government Nominee, Director

Prakash Bakliwal Part Time Non Official Director

MD Mallya Ex-Officio Director

The group of officers of this association is going by AR Sekar. Whatever is left of the cluster may be fixed as beneath:

Name Designation

K Sanath Kumar General Manager

Rafi Ahmed Deputy General Manager

RP Samal General Manager

K Surya Rao Deputy General Manager

Sadasiv Mishra General Manager

Mita Bhattacharjee Deputy General Manager

RK Deka General Manager

Anil Kumar Deputy General Manager

S Sethuraman General Manager and FA

Aloke Narain Jha Deputy General Manager

P Nayak General Manager

GC Sharma Deputy General Manager

AR Prabhu Appointed Actuary

CK Gola Deputy General Manager

KV Pathak Deputy General Manager (Chief Vigilance Officer)

Dinesh Waghela Deputy General Manager (Chief Financial Officer)

VC Jain Company Secretary

SS Hira Deputy General Manager

Arun Kumar Chanda Deputy General Manager

Radhakrishnan Girish Deputy General Manager (Chief Risk Officer)

S Segar Deputy General Manager

New India Assurance monetary Highlights

The accompanying table highlights the financial execution of the association in 2011-12

Domain Earnings in INR crores

Gross premium (in India) 8542.86

Complete resources (global) 42162.74

Net abroad premium 1531.37

Net premium (global) 8771.21

Net profit (global) 179.31

Total assets (global) 7057.61

New India Assurance merchandise

The items and administrations of recent India Assurance could be aforesaid as underneath:

Individual Insurance

Pravasi Bharatiya Bima Yojana Policy

Engine Policy

Mediclaim 2007 Policy

Cash Insurance

Family Floater Mediclaim Policy

Rasta Apatti Kavach (Road Safety Insurance)

Janata Mediclaim Policy

Suhana Safar Policy

Senior Citizen Mediclaim Policy

Television/VCR/VCP Insurance

Individual Accident Policy

Portable/Cellular Phone Insurance

Abroad Mediclaim Policy

Other Personal Insurance

Householder's Policy

Bunch Mediclaim Policy

Business Insurance

Diamond setters Block Policy

Neon Sign Insurance

Financiers Indemnity Policy

Multi Peril Policy for L.P.G. Merchants

Businessperson's Policy

Constancy Guarantee Insurance Policy

Marine Cargo Policy

Marine Hull Policy

Fortified Glass Insurance

Avionics Insurance

Exceptional Contingency Policy

Mechanical Insurance

Fire Policy

Contractual staff All Risk Policy

Robbery Policy

Marine liquid body substance Erection/Storage cum Erection Policy

Apparatus Breakdown Policy

Propelled Loss of Profit/Delay in Startup Policy

Hardware Equipment Policy

Contractual employee Plant and Machinery Policy

Noteworthy Loss Policy

Super Package Policies

Risk Insurance

Open Liability Policy

Managers' Liability Policy

Items Liability Policy

Bearer's Liability Insurance

Proficient Indemnity Policy

Risk Insurance Act Policy

Chiefs and Officers Liability Policy

Golfers Indemnity Insurance

Lift (Third Party) Insurance

Social Insurance

All inclusive Health Insurance theme for BPL families

Janata Personal Accident Insurance

All inclusive Health Insurance theme for APL families

Understudy Safety Insurance

Jan Arogya Bima Policy

Ashrya Bima Yojana

Raj Rajeshwari Mahila Kalyan Yojana

Country Insurance

Bhagyashree Child Welfare Policy

New India Assurance workplace Details

The residential workplaces of New India Assurance ar at the related  areas:

Western India: Ahmedabad, Baroda, Mumbai, Pune, Surat

Southern India: Bangalore, Chennai, Coimbatore, Ernakulam, Hyderabad, Vishakhapatnam

Focal India: Bhopal, Jaipur, Kanpur, Nagpur,

Eastern India: Bhubaneshwar, Guwahati, Kolkata, Patna,

Northern India: Chandigarh, Dehradun, Delhi, Ludhiana,

The global workplaces of the protection internet supplier ar set at the related  destinations:

Europe: UK

Asia: UAE, Japan, Kuwait, Bahrain, Saudi Arabia, Hong Kong, Oman, Thailand, Philippines, Malaysia, Singapore

South America: Curacao

North America: Trinidad and Tobago, Aruba

Africa: Sierra Leone, Ghana, Nigeria, Kenya, Mauritius

Oceania: Australia, Fiji, New Zealand

New India Assurance News

Senior subjects ar presently going to assume that its extremely troublesome to induce 

well-being arranges from the final population phase safety internet suppliers as these 

organizations ar decreasing the commissions being paid to specialists if there ought to 

be an occasion of methods oversubscribed to people WHO are a lot of seasoned than

fifty five years. The diminishment will be quite half-hour.