Top 10 General Insurance Companies In India

In India, you’re presented with a plethora of options when it comes to choosing general insurance policies, each company offering a unique blend of services and products designed to protect you against various risks.

These entities range from long-standing institutions with a rich legacy in the insurance domain to dynamic newcomers leveraging innovative solutions to reshape the industry landscape. And it’s not just about the diversity in the types of companies; it's also about the vast array of products and services that these companies proffer, from health and motor insurance to travel and property insurance, each tailored to meet the distinct needs of the diverse populace.
The Top Ten
1 The New India Assurance Company Limited Founded in 1919, The New India Assurance Company Limited is a state-owned general insurance company, operating globally. Headquartered in Mumbai, it offers multiple insurance products including motor, health, travel, and property insurance. It has a vast network, spanning 28 countries.

Established in the year 1919, The New India Assurance Company Limited is a general insurance company run by the Government of India. This company has a presence in 22 countries worldwide with more than 1600 offices in India.

It is one among the best insurance companies in India. Policy issuance and settlement of claims are very good. Solvency margin is very good.

Good company. Trustworthy government company. Good claim service.

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2 National Insurance Company Limited National Insurance Company Limited, founded in 1906, is one of India’s oldest general insurance companies. Based in Kolkata, it offers various insurance services, covering motor, health, and personal insurance. Its presence is widespread with numerous offices across the country.

Set up in the year 1906, National Insurance Company Limited is one of the oldest general insurance companies to be established in India. It is based in Kolkata.

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3 United India Insurance Company Limited United India Insurance Company Limited is a public sector general insurance company, established in 1938. Based in Chennai, it provides a plethora of insurance products spanning health, motor, and travel insurance. It has a robust network of services, ensuring widespread accessibility to customers across the nation.

It should be the first in customer service and claim settlement.

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4 The Oriental Insurance Company Limited The Oriental Insurance Company Limited, established in 1947, is one of the pioneering companies in the Indian general insurance industry. Headquartered in New Delhi, it offers a variety of insurance products, such as health, motor, and property insurance. With its extensive network of branches across the country, it continues to serve millions with its innovative and reliable insurance solutions.

Established by the Central Government of India in the year 1947, The Oriental Insurance Company Limited is headquartered in Delhi.

5 Bajaj Allianz General Insurance Company Limited Bajaj Allianz General Insurance Company Limited is a joint venture between Bajaj Finserv Limited and Allianz SE. The company, with its headquarters in Pune, extends a range of insurance products like car, health, and home insurance. It has gained a strong reputation for its customer-centric approach and innovative solutions.

Bajaj Allianz General Insurance Company is one of the best general insurance companies in India, which offers the best services to customers.

This company is a joint entity of Allianz SE and Bajaj Finserv, brought into existence in 2001. Bajaj Allianz General Insurance Company Limited is headquartered in Pune.

6 IFFCO Tokio General Insurance Company Limited IFFCO Tokio General Insurance Company Limited was established as a joint venture between the Indian Farmers Fertiliser Cooperative (IFFCO) and Japan's Tokio Marine Group. Offering a diverse array of insurance products, including motor, health, and travel insurance, it serves countless customers through its extensive network across India. Headquartered in Gurugram, it's recognized for its commitment to providing comprehensive insurance solutions.

It's simply the best and in a league of its own.

7 Tata AIG General Insurance Company Limited Tata AIG General Insurance Company Limited is a collaboration between Tata Group and the American International Group (AIG). Launched in 2001, it provides a variety of general insurance solutions including motor, health, and lifestyle insurance. It operates with a customer-focused approach, maintaining a broad presence across India.

Best in motor claims and services.

8 Reliance General Insurance Company Limited Reliance General Insurance Company Limited is a part of Reliance Capital Ltd. of the Reliance Anil Dhirubhai Ambani Group. Offering an extensive range of insurance solutions including health, motor, and travel insurance, it has been servicing millions since its inception in 2000. Its headquarters is located in Mumbai, and it operates with a vast network throughout the country.

Reliance General Insurance Company Limited caters to SMEs, corporates, and individual clients with varied products such as general, travel, and motor insurance policies.

Affordable with amazing features.

Cheap and best insurance company with the latest technology and quick services.

9 Future Generali India Insurance Company Limited Future Generali India Insurance Company Limited is a joint venture between Future Group and Generali, a global insurance group. Headquartered in Mumbai, it offers a spectrum of insurance solutions including motor, health, and travel insurance. Since its establishment in 2007, it has made significant strides in providing customer-centric insurance services across India.
10 HDFC ERGO General Insurance Company Limited HDFC ERGO General Insurance Company Limited is a joint venture between HDFC Ltd. and ERGO International AG. Headquartered in Mumbai, it provides a vast array of insurance products like health, motor, and travel insurance. It has received numerous awards and accolades for its innovative and tailored insurance solutions catering to diverse customer needs.

Best company with the best claim ratio.

The Contenders
11 Cholamandalam MS General Insurance Company Limited Cholamandalam MS General Insurance Company Limited is a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Limited, Japan. Offering varied insurance products like motor, health, and property insurance, it emphasizes on trust, transparency, and technology. It operates from its base in Chennai, reaching out to millions through its expansive network across the country.
12 ICICI Lombard General Insurance Company Limited ICICI Lombard General Insurance Company Limited is a leading private sector general insurance company in India, established as a joint venture between ICICI Bank Limited and Fairfax Financial Holdings Limited. With its headquarters in Mumbai, it offers an extensive range of insurance products, including motor, health, and travel insurance, blending technology and innovation to cater to diverse needs. It has achieved numerous accolades for its dynamic and customer-friendly approach.

One of the best insurance companies in India. Best in claims. Cashless everywhere in India. Fabulous service. World-class company.

Headquartered in Mumbai in the year 2001, ICICI Lombard General Insurance Company Limited has been rated the highest in customer satisfaction by J.D. Power Asia Pacific in India.

13 Shriram General Insurance Company Limited Shriram General Insurance Company Limited is a noteworthy entity in the Indian insurance sector, being a joint venture between Shriram Capital Limited and Sanlam Limited, South Africa. It is well-known for offering a myriad of insurance products such as motor, travel, and home insurance. Based in Jaipur, it has carved a niche by focusing on innovative and affordable insurance solutions for its customers.

This is the only company to understand the meaning of insurance by the common people best, out of the general insurance companies in India.

One of the best... Fast in claims and better services. They even communicate before the policy expires, even on call.

One of the best general insurance companies in India with very good customer service.

14 Royal Sundaram General Insurance Co. Limited Royal Sundaram General Insurance Co. Limited, with its headquarters in Chennai, was the first private sector general insurance company in India. It provides a broad spectrum of insurance products, encompassing health, motor, and travel insurance. The company has built a strong reputation for delivering exceptional customer service and innovative insurance solutions, tailored to the evolving needs of individuals and businesses.

They did a great job while my car was badly affected in the Chennai floods. Immediate assistance, service, and claim support were given. Great job.

Preethi

15 SBI Health and General Insurance Company Limited SBI Health and General Insurance Company Limited operates as a subsidiary of State Bank of India, offering comprehensive insurance solutions. It provides a diverse range of products, including health, motor, and home insurance, making it a preferred choice for many. Its extensive network and customer-centric approach have allowed it to make substantial inroads in the Indian insurance market.

One of the best in this sector. As a result of the involvement of SBI, a pioneer banker of the era, the trust in SBI General is tremendous.

It is the best insurance company. Premiums are cheaper. The claim settlement rate is very high.

16 Go Digit General Insurance Limited Go Digit General Insurance Limited is a technology-driven insurance company headquartered in Bengaluru. It provides a wide array of insurance products including health, motor, and travel insurance, leveraging technology to offer hassle-free and customer-friendly services. Since its inception, it has been recognized for its innovative approach and commitment to enhancing customer experience in the insurance sector.

Truly paperless, right from policy issuance (no proposal form) to claim settlement (no claim form). It's the GenX insurance company.

17 Agriculture Insurance Company of India Limited Agriculture Insurance Company of India Limited specializes in providing insurance products primarily to the agricultural sector. Established with the objective to cater to the unique insurance needs of farmers, it offers innovative products like crop insurance. Headquartered in New Delhi, it has played a pivotal role in bolstering the agricultural ecosystem in India through risk mitigation solutions.

The Government of India, in the year 2001, formed Agriculture Insurance Company of India Limited for the betterment of the farmers.

18 Universal Sompo General Insurance Company Limited Universal Sompo General Insurance Company Limited is a private public joint venture in general insurance, where Indian banks collaborate with a Japanese insurance company. Offering a plethora of insurance services such as health, motor, and property insurance, it strives to deliver value and security to its customers. It stands out for its commitment to providing comprehensive and customizable insurance solutions, leveraging its extensive network across India.
19 Magma HDI General Insurance Company Limited Magma HDI General Insurance Company Limited is a joint venture between Magma Fincorp Limited and HDI Global SE, Germany. Based in Kolkata, it offers diverse insurance products like motor, health, and commercial insurance. It has earned recognition for its emphasis on customer-centricity and its innovative approach to delivering tailored insurance solutions across the nation.
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