General Insurance is not similar to a life insurance, but it covers various losses and damages of several products that include health, house, vehicles and many more. There are many General Insurance Companies in India.
Here is a list of Top Ten General Insurance Companies in India
10. IIFCO- Tokio General Insurance Company Limited
This company was founded in the year 2000 and it has its headquarters in Gurgaon, Haryana. It is a joint venture group between Nichido Fire Group, Tokio Marine and the Indian Farmers Fertilizers cooperative. This company offers a lot of non life insurance products like the Personal Accident, Household, travel, motor and many more. They have a wide network and the company has various strategic units.
9. Reliance General Insurance Company Limited
It was founded in the year 2001, and it has its headquarters in Mumbai, Maharashtra. It is a general insurance company that offers insurance covers to individual clients, corporates and SME. It is one of the best general insurance company in India and it has a huge network, which is spread across 24 states and has 139 offices.
8. Agriculture Insurance Company of India Limited
This company was founded in the year 2002, and it has its main office in New Delhi. It is a government company and it aims at helping the farmers and helping them by providing them loans and other useful things during a natural calamity, drought or during any dreadful diseases. It is the biggest company in the world that covers 2billion farmers of more than 500 districts.
7. Tata AIG General Insurance Company Limited
It was founded in the year 2001, and it has its main office in Mumbai, Maharashtra. They have insurance facilities for both corporate and an individual that includes life insurance, health insurance, travel insurance, home insurance, motor insurance and many more.
6. ICICI Lombard General Insurance Company Limited
It was founded in the year 2001, and it has its headquarters in Mumbai, Maharashtra. It is one of the most highest rated Company in customer satisfaction by JD Power Asia Pacific India. It has settled around 5 million claims and has issued over 9 million policies. It is a joint venture between the Fairfax Financial holdings and the ICICI Bank Limited.
5. Bajaj Allianz general Insurance Company
This company was founded in the year 2001, and it has its head office in Pune, Maharashtra. They offer various insurance to people in different sectors covering health, lifestyle, travel and many more things. The health insurance includes personal guard, hospital cash, health guard and star package.
4. United India Insurance Company Limited
It was founded in the year 1938 and it has its main office in Chennai, Tamil Nadu. The company has various customers in different sectors like ONGC, GMR-Hyderabad International Airport, Tirumala-TirupatiDevasthanametcetra and it is also expanded to other sectors including the rural area, and many health insurance programs.
3. National Insurance Company Limited
It was founded in the year 1906 and it has its headquarters in Kolkata, West Bengal. It offers its services in the financial area and they have around 15000 workers and around 1340 offices across the country. It also has been awarded the best auto insurer award.
2. The oriental Insurance Company Limited
It was founded in the year 1947 and it has its headquarters in New Delhi, and they deal with the general insurance and they also provide insurance to various other things including steel, petrochemical, chemical and power plant projects. They also cover the insurance and the needs of people from the rural and urban area.
1. New Assurance Company Limited
It was founded in the year 1919 and it has its headquarters in Mumbai Maharashtra. They have general assurance for the people that include covering the different areas like oil and energy industry, petrochemical, satellites, power and steel plants, SMEs, Aviation fleets and many more things in the commercial area.