Top Auto insurance companies in India

Top Auto insurance companies in India

Bajaj Allianz General Insurance Co. Ltd.

Bajaj Allianz General Insurance could be a personal general insurance underwriter in Asian nation.the corporate could be a venture between Bajaj Finserv restricted (formerly a part of Bajaj motorcar Limited) closely-held by the Bajaj cluster of Asian nation and Allianz SE, is a monetary services company.

It has a fare share of presence within the motorcar insurance sector.  Services offered area unit 24*7 towing help, cashless repair over one,500 retailers and seventy fifth account payment at places wherever cashless facility isn't out there.

Bharti AXA

Bharti AXA could be a venture between Bharti Enterprises and AXA, world leader in monetary protection and wealth management. they provide a spread of life assurance and wealth management product.

Key advantages of Bharti AXA‘s vehicle insurance includes varied worth value-added services like margin help even for ever-changing flat tyre, on road repair for minor breakdowns, shut or lost key help and emergency fuel help. These advantages build it a sweet deal.

HDFC ERGO General Insurance Co. Ltd

Headquartered in city, India, HDFC ERGO General insurance underwriter restricted could be a venture between HDFC Ltd. and ERGO International Ag, a European country primarily based company. ERGO could be a a part of the urban center Re cluster that stands among the biggest insurance firms of the planet with AN plus share of over Rs. 9,00,000 crores. HDFC Ltd. holds seventy four per cent stake within the insurance venture, whereas the balance twenty six per cent lies within the hands of ERGO. based within the year 2002, HDFC ERGO General insurance underwriter operates in eighty nine Indian cities with over one09 branches and 1,900 workers members across the country

ICICI Lombard General Insurance Co Ltd.

Established in 2001, ICICI Lombard General could be a venture between ICICI Bank- India’s second largest bank and Fairfax monetary Holdings Limited- financial Services Company primarily based in provincial capital. ICICI bank has seventy four stake within the venture whereas Fairfax has the remainder within the venture. ICICI Lombard General Insurance is that the largest personal sector general insurance underwriter in Asian nation.

IFCCO Japanese capital General Insurance Co. India Ltd

IFFCO Japanese capital General Insurance could be a venture between Indian Farmers plant food Cooperative (IFFCO) and its associates and Japanese capital Marine and Nichido fireplace cluster. The cluster is chaired by Mr. M. K Srinivasa Gowda whereas director and corporate executive is Yogesh Lohia. presently IFFCO-Tokio General Insurance is that the third largest personal general insurance underwriter in Asian nation.

car insurance companies in India

New India Assurance Company Ltd

The New India Assurance Co. Ltd., primarily based in city, is one amongst the 5 totally Government of india, it's the "largest general insurance underwriter of Asian nation on the idea of gross premium assortment comprehensive of foreign operations". it absolutely was based by Sir Dorabji Tata in 1919, and was nationalised in 1973.

Previously it absolutely was a subsidiary of the overall Insurance Corporation of Asian nation (GIC). however once GIC became AN re-insurance company as per the IRDA Act 1999, its four primary insurance subsidiaries New Asian nation Assurance, United Asian nation Insurance, Oriental Insurance and social insurance got autonomy.

Oriental Insurance Co. Ltd

The Oriental insurance underwriter Ltd. could be a public sector non-life insurance underwriter in Asian nation. The headquarters of the corporate is found in national capital with thirty regional offices and over 1800 active branches across the country. the corporate additionally has branches in Nepal, Kuwait, and Dubai. the corporate has recorded a gross premium of Rs. 7282.54 crores within the twelve month 2013-2014.

Royal Sundaram General Insurance

Royal Sundaram General Insurance Co. Ltd. (formerly called Royal Sundaram Alliance insurance underwriter Limited), a subsidiary of Sundaram Finance, is that the initial personal sector general insurance underwriter in Indian Republic of Asian nation Asian country to be authorised in Oct 2000 by the Insurance regulative and Development Authority of India.

The company was at first promoted as a venture between Sundaram Finance, one amongst the foremost revered non-banking monetary establishments (NBFCs) in Asian nation and Royal & SunAlliance Insurance plc, UK, one amongst the oldest general insurers within the Britain. In Gregorian calendar month 2015, Sundaram Finance no inheritable twenty sixth equity holding from Royal & SunAlliance Insurance plc. Consequently, the whole 100 percent equity holding is currently command by Sundaram Finance (75.90%) and alternative Indian Shareholders (24.10%).

Tata AIG General Insurance Co. Ltd.

Tata AIG General insurance underwriter restricted is AN Indian general insurance underwriter, and a venture between the Tata cluster and Yankee International cluster (AIG)Tata cluster holds seventy four per cent stake within the insurance venture with AIG holding the balance twenty six p.c. Tata AIG General insurance underwriter, that started its operations in Asian nation on twenty two Gregorian calendar month 2001, provides insurance to people and corporate. It offers a spread of general insurance product together with insurance for auto mobile, home, personal accident, travel, energy, marine, property and casualty similarly as many specialised monetary lines. The Company's product area unit out there through varied channels of distribution like agents, brokers, banks (through bank assurance tie ups) and direct channels like marketing, Digital selling, work site etc.

United Asian Nation Insurance Co Ltd.

United Asian nation is yet one more totally closely-held subsidiary of the Indian government and is one amongst the highest insurance agencies in Asia with varied awards in its bag. The motor insurance policies of UII area unit being employed wide tho' increasing range of shoppers area unit bit by bit migrating towards personal players.