Top 20 General Insurance Companies in India

If you are searching general insurance companies in India for the insurance of your car, bike, home, travel and health then before taking it, go though this article where I’ve collected top 20 General insurance companies that provide insurance to your vehicles/motors, home, travel, fire and health. General insurance is non life insurance system which includes automobile and homeowners policies, provide payments depending on the loss from a particular financial event.

General Insurance comprises of any insurance that is not determined to be life insurance. It is called property and casualty insurance in the U.S. and Canada and Non-Life Insurance in Continental Europe.

“ACORD” is the insurance industry global standards organization. You can also check Best 20 Life Insurance Companies in India.

Here are some top companies which are providing non life Insurance to the people of India-

1. General Insurance Corporation of India

General insurance corporation of India (GIC) is an India-based company providing international reinsurance and domestic reinsurance services
The company was set up to regulate and supervise the general insurance services in India.
However, now it has also started operating in SAARC countries, South East Asia, Middle East, Africa, London and Moscow. This makes it one of the biggest and placed amongst Top 20 General Insurance Companies in India.
Type: Public company
Founded in: 1972
Headquarter: Mumbai, India
Subsidiaries:

• • United India Insurance Co. Ltd
  • National Insurance Company
  • Oriental Insurance Co. Ltd
  • New India Assurance Company.

General Insurance Corporation of India customer care number and email

• • Customer care number – +91 22 2286 7000
  • Email – info@gicofindia[dot]com, info@gicofindia[dot]com

2. Oriental Insurance Company

Oriental Insurance Company is a subsidiary of the Oriental Government Security Life Assurance Company Ltd, GOI
Founded in: 12 September 1947 (Bombay)
History: OIC was a subsidiary of Life Insurance Corporation of India from 1956 to 1973 (the time when General Insurance Business was nationalized in India). In 2003 all shares of the company held by the General Insurance Corporation of India were transferred to Central Government, makes it one of the most trusted General Insurance Companies in India.
Headquarter: New Delhi, India
Overseas operations: Nepal, Kuwait and Dubai

Oriental Insurance Company customer care number and email

• • Customer care number – 1800 11 8485, 011 33208485
  • Email – csd@orientalinsurance[dot]co[dot]in (for general customer support) portal.support@orientalinsurance[dot]co[dot]in (for general enquiry), ykrao@orientalinsurance[dot]co[dot]in​​, csd@orientalinsurance[dot]co[dot]in (for grievance redress)

3. The New India Assurance Company

New India Assurance Company Ltd., GOI
Founded by: Sir Dorab Tata
Founded in: July 23, 1919 (New India Assurance was nationalized in 1973)
Headquarter: Mumbai, India
Earlier NIA was a subsidiary of the General Insurance Corporation of India (GIC). But as GIC became an reinsurance company as per IRDA Act 1999, all of its four primary insurance subsidiaries New India Assurance, United India Insurance, Oriental Insurance and National Insurance got autonomy. This makes it one of the biggest General Insurance Companies in India and placed amongst Top 20 General Insurance Companies in India.

The New India Assurance Company customer care number and email

• • Customer care number – 1800-209-1415
  • Email – tech.support@newindia[dot]co[dot]in

4. National Insurance Company

National Insurance Company was founded in 1906 and Nationalized in 1972 and then after NICL operated as a subsidiary of General Insurance Corporation of India (GIC) and also one of the most trusted General Insurance Companies in India.

Headquarter: Kolkata, India

National Insurance Company customer care number and email

• • Customer care number – 1800-200-7710
  • Email – NA

5. United India Insurance Company

United India Insurance Company Limited was founded in 18 February 1938 (when general insurance business was nationalized in the country in 1972, United India Insurance was merged with 12 other Indian insurance companies, 4 cooperative insurance societies, Indian operations of 5 foreign insurers and the general insurance operations of southern region of Life Insurance Corporation of India) made it one of the biggest General Insurance Companies and general insurance providers in India.

Headquarter: Chennai, India

Rating: ‘iAAA’ by Investment Information and Credit Rating Agency for three years for its strong fundamental policies and financial strength

United India Insurance Company customer care number and email

• • Customer care number – 1-800-425-33333 
  • Email – customercare@uiic[dot]co[dot]in

6. Royal Sundaram General Insurance Co. Limited

Royal Sundaram General Insurance Co. Limited is a company partnered between Sundaram Finance (AAA), India and RSA (Royal & Sun Alliance Insurance), UK
The company became one of the first General Insurance Companies and private insurer in the country to be licensed post privatization in 2001

Headquarter: Chennai, India

Royal Sundaram General Insurance customer care number and email

• • Customer care number – New Policy: 022-62604811 | Customer Service: 1860 425 0000
  • Email – customer.services@royalsundaram[dot]in

7. Reliance General Insurance Company

Ownership: Reliance General Insurance Company Limited (Reliance General Insurance Company Limited is a division of Reliance Capital, which is a part of the Reliance Anil Dhirubhai Ambani Group)
Reliance General Insurance Company Limited is one of the First General Insurance Companies in India to be awarded the ISO 9001:2000 certification across all functions, processes, products and locations pan-India.
Headquarter: Mumbai, India

Reliance General Insurance Company customer care number and email

• • Customer care number – 1800 3009
  • Email – rgicl[dot]services@relianceada[dot]com

8. IFFCO Tokio General Insurance

Ownership: IFFCO-Tokio General Insurance (ITGI) Company
Partnership: Indian Farmers Fertilizer Co-operative (IFFCO) and its associates, India and Tokio Marine and Nichido Fire Group, Japan
Founded in: Dec 4th 2000
It has 100%-self owned distribution channel called IFFCO-TOKIO Insurance Service Ltd. (ITIS), for servicing its retail customers.

IFFCO Tokio General Insurance customer care number and email

• • Customer care number – 1-800-103-5499, (0124) 428 5499
  • Email – websupport@iffcotokio[dot]co[dot]in

9. ICICI Lombard General Insurance Company

Ownership: ICICI Lombard General Insurance Co. Ltd.
Partnership: ICICI Bank Ltd., India and Fairfax Financial Holdings Ltd., Canada
Founded in: August 2001
Headquarter: Mumbai, India
Certification: ISO 9001:2000 and iAAA rating by ICRA indicating the highest claims paying ability
Recognition: ‘General Insurance Company of the Year’ (2007), NDTV Profit Business Leadership Awards 2007, etc.

All these awards and customer satisfaction made is one of the most trusted General Insurance Companies in India.

ICICI Lombard General Insurance customer care number and email

• • Customer care number – 1800 2666, 86 55 222 666, 1800 266 9725 (Crop Insurance)
  • Email – customersupport@icicilombard[dot]com

10. Bajaj Allianz General Insurance

Ownership: Bajaj Allianz General Insurance Company Limited
Partnership: Bajaj Finserv Limited (74% share) and Allianz SE (26% share)
Started in: 2nd May, 2001 (IRDA provided certificate to run general insurance business as well as health insurance to Bajaj Allianz General Insurance company)
Headquarter: Pune, India

This general insurance company is popular among the people of India due to its popular plans and keeps it in the Top 20 General Insurance Companies in India.

Bajaj Allianz General Insurance customer care number and email

• • Customer care number – Sales – 1800-209-0144, Service – 1800-209-5858
  • Email – websales@bajajallianz[dot]co[dot]in

11. Tata AIG General Insurance

Ownership: Tata AIG General Insurance Company Limited or Tata AIG General
Partnership: Tata Group (74% stakes) and American International Group, Inc. (AIG) (26% stakes)
Started in: January 22, 2001
Headquarter: Mumbai, India
Tata AIG Gen Insurance wins best claims service company of 2012 – Tata AIG General Insurance won the Claims Service Company of the Year and the Best Non-Urban Coverage Award at the India Insurance Awards 2012 held in Mumbai on June 7, 2012.

Tata AIG General Insurance customer care number and email

• • Customer care number – 1800 266 7780 / 1800 22 9966 (only for senior citizen policy holders)
  • Email – customersupport@tataaig[dot]com

12. Cholamandalam General Insurance Company

Ownership: Cholamandalam MS General Insurance Co. Ltd.
Partnership: Murugappa Group, India and the Mitsui Sumitomo, Japan
Cholamandalam MS General is currently servicing in 38 countries and in India there are 108 branches itself.
Started in: October 2002
Headquarter: Chennai, India
The group is a market leader in India across a spectrum of products like sanitaryware, fertilisers, abrasives, automotive chains, car door frames and steel tubes. Neemazal, a neem-based organic pesticide, is the market leader in bio-pesticides. Some of the country’s best-known brands like BSA and Hercules in bicycles, Parryware in sanitaryware, Parrys Spirulina and Parrys Beta Carotene in nutraceuticals, Ballmaster and Ajax in abrasives, Gromor and Paramfos in fertilisers, and many more come from the Murugappa Group

Cholamandalam General Insurance customer care number and email

• • Customer care number – 1800-200-5544 (Accessible from India only), +91-44-3098 5300 (For Abroad Customers)
  • Email – customercare@cholams.murugappa[dot]com

13. HDFC-ERGO General Insurance Company

Ownership: HDFC Ergo General Insurance Company Limited
Partnership:  HDFC Limited (74% stakes), India and Ergo International AG (26% stakes), Munich Re Group.
Indian presence: 74 cities across India with about 80 branch offices
Founded in: Oct 17, 2002
Headquarter: Mumbai, India

HDFC-ERGO General Insurance Company customer care number and email

• • Customer care number – 1800 2700 700
  • Email – care@hdfcergo[dot]com

14. Apollo Munich Health Insurance (Apollo Munich now HDFC Ergo)

Ownership: Apollo Munich Health Insurance Company
Partnership: Apollo Hospital Group (74% stakes), India and Munich Health (26% stakes), Germany

Now-

Formerly known as Apollo Munich Health Insurance Company Ltd., which came into existence with HDFC Limited acquiring the majority stake of 51.25% in the company Apollo Munich Health Insurance Co. Ltd.

Founded in: 2006
Headquarter: Gurgaon, India
Certification: ISO 9001:2008
Health Plan For Individuals & Families

Apollo Munich Health Insurance customer care number and email

• • Refer to the contact numbers given above in point #13 (HDFC Ergo)

15. Universal Sompo General Insurance

Ownership: Universal Sompo General Insurance Co. Ltd.
Partnership: Allahabad Bank, Sompo Japan Insurance Inc., Dabur Investments, Karnataka Bank and Indian Overseas Bank
Founded in: November 2007
Headquarter: Mumbai, India

Universal Sompo General Insurance customer care number and email

• • Customer care number – Customer Care Helpline : 1800 22 4030, 1800 200 4030, 022 – 27 63 9800,022 – 39133700 Health Product Customers Helpline : 1800 200 5142, 022 – 39 63 5200 Fax – 1800 200 9134
  • Email – contactus@universalsompo[dot]com, For Claims – contactclaims@universalsompo[dot]com

16. Future Generali India Insurance

Ownership: Future Generali India Insurance Company Ltd.
Partnership: Future Group (74% stakes), India and Assicurazioni Generali (26% stakes), Italy
Headquarter: Mumbai, India

Future Generali India Insurance customer care number and email

• • Customer care number – 1860 500 3333 / 1800 220 233, 022 67837800
  • WhatsApp – 91-8108198603, 91-8828617629, 91-9594678381, 91-8108198641
  • Email – fgcare@futuregenerali[dot]in

17. Shriram General Insurance

Ownership: Shriram General Insurance Co. Ltd.
Partnership: Shriram Capital Limited (74% stakes), India and Sanlam Limited (26% stakes), South Africa
Founded in: 1974
Headquarter: Jaipur, India

Shriram General Insurance customer care number and email

• • Customer care number – 1800-300-30000, 1800-103-3009
  • Email – NA

18. Bharti Axa General Insurance (Now merged with ICICI Lombard General Insurance)

Ownership: Bharti-AXA General Insurance Co. Ltd. (Now ICICI Lombard General Insurance)
Partnership: Bharti Enterprises, India (74% stakes) and AXA, France (26% stakes)
Founded in: 13th July 2007
Headquarter: Bangalore, India

Bharti Axa General Insurance customer care number and email

• • Customer care number – Buy: 022-6118-8888 | Renew & Claim: 1800-103-2292
  • Email – customer.service@bhartiaxa[dot]com

19. Raheja QBE General Insurance

Ownership: Raheja QBE General Insurance Co. Ltd. (Prism Cement Ltd India and QBE Holdings Pty. Ltd.)
Partnership: The Rajan Raheja Group’s Prism Cement Ltd, India (74% stakes) and QBE Insurance Group, Australia (26% stakes)
Headquarter: Mumbai, India

Raheja QBE General Insurance customer care number and email

• • Customer care number – Telephone: 022-42313888, Toll Free: 1-800-102- (RQBE) 7723, Mobile : +91 70453 59601
  • Email – info@rahejaqbe[dot]com

20. Export Credit Guarantee Corporation

Ownership: Export Credit Guarantee Corporation of India Ltd
Founded in: 1957 by the Government of India, earlier known as Export Risks Insurance Corporation (ERIC) and then renamed as Export Credit and Guarantee Corporation Limited (ECGC) in 1964 and thereafter to Export Credit Guarantee of India in 1983.
Basic work: To promote export and functions under the administrative control of the Ministry of Commerce & Industry, Department of Commerce and Government of India.
ECGC, in terms of coverage of national exports, is the fifth largest credit insurer of the world.
Headquarter: Mumbai, India

Export Credit Guarantee Corporation customer care number and email

• • Customer care number – 1800-22-4500
  • Email – NA

21. Acko General Insurance Company

Acko General Insurance Co. Ltd. is a private sector general insurance company in India. Founded in November 2016, the company received its license from the Insurance Regulatory and Development Authority of India in September 2017. In a very short span of time, it gained popularity among the people of India due to competitive general insurance rates which placed it amongst the Top 20 General Insurance Companies in India.

Acko customer customer care number and email

• • Customer care number – 1860 266 2256
  • Email – hello@acko[dot]com

22. Aditya Birla Health Insurance Co. Ltd.

Aditya Birla Capital Limited (ABCL) is one of the largest financial services players in India, formerly known as Aditya Birla Financial Services Limited, ABCL is the holding company of all the financial services businesses of the Aditya Birla Group.

Aditya Birla Health Insurance customer care number and email

• • Customer care number – 18001031033
  • Email – Care.healthinsurance@adityabirlacapital[dot]com

23. Liberty General Insurance Ltd.

Liberty General Insurance is a joint venture between Liberty Citystate holdings PTE Ltd, a group company of US Headquartered Liberty Mutual Insurance Group, a leading multinational property and casualty group, Enam Securities, a privately owned and managed firm that makes long-term investments in listed companies, as well as backs entrepreneurs building valuable private companies and DP Jindal Group, an industrial conglomerate.

The company started operations in 2013 with the aim of providing comprehensive retail, commercial and industrial insurance solutions.

With an employee strength of 1100+, 60 offices in 58 cities across 23 states, this general insurance company spread its wings strongly in the country.

It has partnered with 5000 hospitals and more than 3100 auto service centres. The company offers health and personal accident insurance, car and two-wheeler insurance, employee compensation insurance, commercial insurance, fire and engineering insurance, marine insurance and other miscellaneous insurance products in India.

Liberty General Insurance customer care number and email

• • Address – 10th floor, Tower A, Peninsula Business Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400 013
  • Customer care number – 1800-266-5844, 022 6700 1313
  • Email – care@libertyinsurance[dot]in

24. Digit General Insurance

Fairfax Group, based of Toronto, Canada and has operations in over 30 countries and takes a long-term value approach towards investments in India has backed Digit General Insurance.

Started operation from Bengaluru in 2016, they offer wide range of non-life insurance products such as Car/Byke/Travel/Home/Mobile insurances in India through their digital platform.

Digit General Insurance customer care number and email

• • Customer care number – 1800-258-5956, 1800-103-4448
  • Email – hello@godigit[dot]com

As per the study by India Brand Equity Foundation (IBEF), Insurance industry with strong growth cycle has reached a total industry size of ~USD 280 Billion in 2020. Out of total 57 insurance companies, 24 are in the life insurance business and 33 are non-life insurers.

Image credit- Canva