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NICL

Founded 1906 : nationalised in 1972 Headquarters Kolkata, India CMD Shri N S R Chandraprasad fully central government owned general

insurance company

Total assets INR 88.67 Billion 1477 offices including 500 Business Centers pan India,

Nepal.

Market Leader in two zones (North & East India)recognized as BEST IN SERVICE in the MOTOR and

HEALTH classes of Business which constitute 63% of the

Indian Non Life Insurance Market.

was the First mover in customising general insuranceProducts. The Industrial All Risks Policy, Office Package

Policyand the Farmers Package Policyare some of its

innovations.

Health Policy for Senior Citizens (Varistha Mediclaim)launched by the Honble President of India, His

Excellency, Dr. A P J Abdul Kalam,

Policy for students, Amartya Siksha YojanaPolicy launched by the Nobel Laureate himself

Extensive Strategic Alliance with Indias largestautomobile majors Maruti, Tata Motors (Commercial,

Passenger ), Nissan, HONDA and the two wheeler giant

HERO HONDA,.

Bancassurance partnerships with the Countrys leadingBanks.

Techno Marketing (Project) Cells for mega industrialprojects> underwrites large industrial risks such as PowerSector, Airports, Integrated Steel Plants, Petrochemical

Plants, Ports, Fertilizer Plants

international reinsurance market> foreign inwardportfolio > 86% of the GDP.

INCLUSIVE GROWTH reaching general insuranceservices to the underserved and unpenetrated areas

of the country

TAKING A LEAD ROLE IN GOVERNMENT OF INDIAPROGRAMMES: Social Sector schemes such as

the Universal Health Insurance, Rashtriya Swasthya

Bima Yojana, Rajeev Gandhi Jeevandayee Yojana

Under Micro Insurance=Tier 1V, V and VI cities.

15 states and Union territories based on IRDA datafor 2010-11 in the Northern and Eastern regions in

India, new offices and introducing need based

products.

OFFICE ON WHEELS

First Office on Wheels in 4 cities ofKolkata, Chandigarh,Mumbai and Bangalore. These mobile vans, customized as

Offices, are equipped to issue policies online. 24 more OOWs

are planned this fiscal

All these Financial Inclusion initiatives are supported by

robust Technology-driven infrastructure which enables

Prompt Service, Hassle Free processes and Fair settlements.

digital medium for Customer convenience and Efficient

Service Delivery

Payment of premium Online www.niconline.in : using Credit/

Debit cards or swipe machines in select offices and for select

productsPrivate Car, Two Wheeler, Personal Accident,

Individual Mediclaim, Parivar and Overseas Mediclaim

24x7 live chat for Product and service relatedinformation for Customers

Facility of payment of premium through NEFT /RTGS.

Swipe card facility in all offices in Delhi Net bankingtransaction introduced

Toll free no 1800 120 1430 is activated for voicerelated support of Products launched

Mobile based renewal facility for personal lineinsurances

SAMMAN Services has been introduced for SeniorCitizens

AWARDS AND RECOGNITION:

steering NICs MOBILE PLUS SOLUTIONwhich leverages

Technology and innovation to reach out to customers and

serve them better

NIC CMD Shri N S R Chandraprasad =SKOCH PERSON OF THE

YEAR AWARD by Shri C Rangarajan, Chairman EAC to the

Prime Minister

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CERTIFICATEs OF MERIT for MOBILE INSURANCE and

MOBLIE PLUS SERVICES

Most Preferred Non Life Insurer Award by CNBC Awaaz for

2007 and 2009

Best Auto Insurer 2010 award fromJ. D. Power and

Associatesin the Asia Pacific for customer satisfaction

Outstanding Social Contributor of the Year Award

2012 for making non-life insurance affordable and

accessible for the under-served or un-served markets in the

country and for commitment towards social inclusion.

Under-served Market Penetration Award 2012, SKOCH

DIGITAL Inclusion Awardfordemonstrating continued focus

in reaching insurance in the lowest penetrated areas

EMPLOYMENT OPPORTUNITY :

40,000 plus strong licensed Insurance Agent

300 officers in Scale I , 2600 employees in the Assistant

Ratings

CRISIL (A Standard and Poors Company) has rated the

company withAAAmeaning Stable for its financial strength.

nationalisation in 1972, 21 Foreign and 11 Indian Companies

were amalgamated with it and NICL became a subsidiary

of General Insurance Corporation of India (GIC), which is fully

owned by the Government of India.

General Insurance Business (Nationalisation) Amendment

Act, on 7th August 2002, National has been de-linked from its

holding company GIC and presently operating as an

independent insurance company wholly owned by Govt of

IndiaApril, 2004, NIC signed an agreement with Nainital

Bank for distribution of its general insurance products

through the bank's branches in Uttarakhand, Haryana and

New Delhi.

more than 200 policies, 14 million policyholders.

Paid-up share capital of 100 crores.

premium base of 50 crores in 1974, NIC's gross direct

premium income has steadily grown to about 9000 crores

rupees in the financial year 2012-13.

Fire, Marine and Miscellaneous insurance.

ranked third among GIC behind New India

Assurance and United India Insurance Company Limited, 2011

Financial Year.

In 2008, the company signed a deal with HCL

Technologies worth almost 400 crores to outsource the

companys information technology requirements over 7 years

Personal Insurance policies include medical insurance,

accident, property and auto insurance coverage

Rural Insurance policies provide protection against natural

and climatic disasters for agriculture and rural businesses

Industrial Insurance policies provide coverage for project,

construction, contracts, fire, equipment loss, theft, etc.

Commercial Insurance policies provide protection against

loss and damage of property during transportation,

transactions, etc.

The New India Assurance Co. Ltd.,

1919,Mumbai, G.Srinivasan - CMD

one of the five Government-owned assurance companies of

India.

"largest general insurance company ofIndia on the basis of

gross premium collection inclusive of foreign operations"

founded by Sir Dorabji Tata in 1919, and was nationalised in

1973.

Previously it was a subsidiary of the General Insurance

Corporation of India (GIC). But when GIC became an re-

insurance company as per the IRDA Act 1999, its four primary

insurance subsidiaries New India Assurance United India

Insurance, Oriental Insurance and National Insurance got

autonomy.

Collaborated with State Bank of India, Central Bank of

India, Corporation Bank and United Western Bank

28 regional offices, 397 divisional offices, 588 branches, 27

direct agent branches and 23 extension counters in the year

2011-2012

processing offices called claims hubs are operated from 29

locations.

overseas offices 19 branches, seven agencies, four associate

companies and three subsidiary companies spread over 23

countries.

Domestic gross premium procured for the period from April

2012 to March 2013 was Rs.10,038 crore with a growth of

18.00%,

Highest Global gross premium stood at Rs.12,505

crores with a growth of 18% over previous year.

The company posted PAT (Profit After Tax) of Rs.843.6 crores

(Highest net profit). The company paid a dividend of Rs.170

crores to the Government of India for the fiscal 12-13

Maintaining the 'largest general Insurer in India' tag.

ratio of available solvency margin to required solvency

margin standing at 250%

Highest net worth of Rs.7,737 crores

Highest assets of Rs.31,500 croresOnly Indian General Insurance Company to have presence in

22 countries

Overseas Premium of Rs. 1531.37 crores in the year 2011-12.

Financial Strength rating of A-Excellent (Stable) by A.M Best -

Europe.

The company has teamed up with TCS BaNCS to provide a

core insurance platform. The project is known as CWISS or

Centralised Web based Insurance System Solution.

J.D Power Asia Pacific part ofMcGraw Hill Companies has

ranked New India Assurance Company Ltd, the highest in

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satisfying auto insurance customers > award relates to 2011

India Auto Insurance Customer Satisfaction Index Study

wherein out of a 1000 point scale, the company scored 804.

Rank No. 1 in the Indian market.

Largest Non-Life insurer in Afro-Asia excluding Japan. First

Indian non-life company to reach Rs. 10073.88 crores Gross

Premium.

Global Re-insurance facilities.

Over-seas presence in countries like Japan, U.K, Middle East,

Fiji and Australia.

Overseas operations commenced in 1920.

1085 fully computerised offices across India.

"A-" (Excellent) rating by A.M.Best & Co (Europe) First

domestic company to be rated by an International Rating

Agency Rating based upon following factors: Superior capital

position Strong operating performance Strong market

position Only company to develop significant International

operations, long record of successful trading outside India.

First company to set Aviation Insurance Department in 1946.

First company Hull Insurance Indian Shipping Fleet.

First company to establish its own Training School.

First company to introduce the concept of 'Model Office

Training'.

First company to create department in Engineering insurance.

Pioneer in Satellite insurance.

Motor, Individual Health, Personal Accident and Other

Personal lines of Insurance, Fire, Marine, Engineering and

other commercial lines of Insurance, Issuance of policies

Toll free helpline No. 1800 209 1415

Integrated Grievance Management System (IGMS)

OICL

Bombay on 12th September 1947

A.K.Saxena is Chairman-Cum-Managing Director

was a wholly owned subsidiary of the Oriental Government

Security Life Assurance Company Ltd and was formed to carry

out General Insurance business.

was a subsidiary of Life Insurance Corporation of India from

1956 to 1973 ( till the General Insurance Business was

nationalized in the country).

In 2003 all shares of our company held by the General

Insurance Corporation of India has been transferred to

Central Government.

Goal Service to clients

head Office at New Delhi has 30 Regional Offices and nearly

900+ operating Offices . overseas operations in Nepal, Kuwait

and Dubai. 15,000+ employees. From less than a lakh at

inception, the Gross Premium went up to Rs.58 crores in 1973

and during 2010-11 the figure stood at a mammoth Rs.

5569.88 crores.

PRITHVI AGNI JAL AKASH SABKI SURAKSHA HAMARE PASS

UIICHead Quarters is at 24, Whites Road, Chennai, India.

incorporated as a Company on 18 February 1938.

nationalized in 1972. Mr.Milind Kharat, CMD

Chairman and Managing Director G Srinivasan

net worth of Rs 4,587 crores

formed by the merger of 22 companies, consequent to the

nationalisation of General Insurance companies in India.

1340 offices, 1 Crore policy holders.

insurance cover from bullock carts to satellites.

ONGC Ltd, GMR- Hyderabad International Airport Ltd ,

Mumbai International Airport Ltd Tirumala-

Tirupati Devasthanam etc taking

Universal Health Insurance Programme ofGovernment of

India & Vijaya Raji Janani Kalyan Yojana ( covering 45 lakhs

women in the state ofMadhya Pradesh), Tsunami Jan Bima

Yojana (in 4 states covering 4.59 lakhs of families), National

Livestock Insurance

November 2007, at pune, launched an enterprised level

transformation project named UNISERGE,

January 11, 2012, entrusted by The Govt. of Tamil Nadu for

implementing the new Comprehensive Health Insurance

Scheme> would cover 1.34 crore families of Tamil Nadu State

and has an annual outlay of Rs. 750 crore.

focus on retail, micro-small and medium enterprises and rura

Agency channel contributed 40 % and bancassurance 7%

three products under the health portfolio wins The Skoch

Financial Inclusion Award 2013 for M-Power project in the

ICT based innovation category. M-Power is a premium

payment service running through mobile.

United India gets Skoch award 2010: for financial inclusion

Rashtriya Swasthya Bima Yojana in Kerala.

one among the top three General Insurance companies in

Asia by Asia Insurance Review at the 14th Asia Insurance

Industry Awards held in Bali, Indonesia.

Best Non-Life Insurance Company byNDTV Profit-Business

Leadership Awards 2010.

iAAArating for its claims paying ability by ICRA (Investment

Information and Credit Rating Agency) for the third

successive year. This rating indicates company's highest

claims paying ability, its strong fundamental and its overall

financial strength for meeting the policy holders obligations.

PCQuest, selected MPLS VPN project of UIIC as one of the

best implemented IT projects in the year 2007. The details of

the same are published in the June 2007 issue of

the PCQuest magazine. MPLS VPN project of UIIC was

selected after a rigorous screening process in which 250 IT

projects of various companies in the country were evaluated.

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