|The New India Assurance Co. Ltd. was founded by the House of Tata Founder member - Sir Dorab Tata and was set up on July 23rd, 1919. The company got nationalized in 1973 with merger of Indian companies. The company due to its wide range of policies has become one of the largest non-life insurance companies, not only in India, but also in the Afro-Asian region.
Company offers wide range of insurance policies including personal, commercial, industrial, liability, social and credit insurance.
The New India Assurance Co. Ltd has the largest number of offices in India and Abroad. There are around 1068 fully computerized offices across India. Company has attained "A-" (Excellent) rating by A.M.Best & Co (Europe) First domestic company to be rated by an International Rating Agency Rating. In 1920 company started overseas operations. In the year 2004-05 company commenced operations in 24 countries with network of 19 branches, 12 agencies, 2 associate companies and 2 subsidiary companies.