About Us
New India Assurance Co Ltd
Our Products for your Protection
New India Assurance Co Ltd
NEW INDIA ASSURANCE CO. LTD, founded by Sir Dorabji Tata in 1919, a Multinational General Insurance Company, today operates in 28 countries and headquartered at Mumbai, India. Our global business crossed USD 366 Million in March 2018.
We have been market leaders in India in Non-Life business for more than 40 years. We are the only direct insurer in India rated A-(Excellent) by AM BEST Company since 2007.We have been rated AAA/Stable by CRISIL since 2014, indicating that the Company has the highest degree of Financial Strength to honour its Policyholder's obligations.
We have been leading the market, apart from premium, in reserves & net worth for many years.
Indian Operations
Our Indian operations today span across all territories through 2452 offices, including more than 1339 Micro Offices. We have 17702 employees and 68389 tied agents as on 30th June 2017, providing insurance services to our customers. We have over 230 products. Our Indian operations have earned many awards & recognitions.
Foreign Operations
New India's overseas operations have a long tradition, dating back to the inception of the Company itself. In 1920, within one year of the incorporation of the Company, New India opened an office in London in the United Kingdom. Today it operates in 28 countries through direct branches, agency operations, subsidiary companies, Representative office and Associates. In addition, New India has also equity participation in Insurance companies in Singapore, Kenya, Saudi Arabia. Our London Branch has been in operations for the past 98 years and has a desk at Lloyds. Our operations in many countries like Japan, Mauritius etc are more than 60 years old. New India has a subsidiary company in Trinidad & Tobago at Port of Spain with branches in St. Lucia, Dominica, St.Maarten, Guyana and Anguilla and another in Nigeria viz. Prestige Assurance Plc, based out of Lagos. New India has a Representative Office in Yangon in Myanmar. New India has equity participation in WAFA Insurance (SICCI) in Saudi Arabia, India International Insurance Pte. Ltd in Singapore and Kenindia Assurance Co Ltd, Nairobi, Kenya.
Vision & Mission
OUR VISION
To be the most respected, trusted and preferred Non-life Insurer in the Global markets we operate.
OUR MISSION
- To develop General Insurance Business in the best interest of the community.
- To provide Financial Security to Individuals, Trade, Commerce & all other segments of the Society by offering Insurance products & Services of High Quality at affordable Cost.
Values and Culture
OUR VALUES
- Highest priority to Customers needs
- High standards of Public Conduct
- Transparency in operations
OUR CULTURE
- Courtesy and Caring
- Initiatives and Innovation
- Integrity, Trustworthiness and Reliability
Our Commitments
We shall
- Act courteously, fairly and reasonably in all our dealings with the customers.
- Make sure all our policy documents and claim procedures are clear and complete information is given about our products and services.
- Deal quickly and sympathetically with the grievances of the customer and resolve efficiently through nominated customer service officers in all operating offices. We will educate the client about grievance redressal mechanism including the system of grievance redressal through Ombudsman.
- Respond to all commercially viable General Insurance requirements of all categories including products for weaker section of the society at affordable price within 3 months from the date of such requirement.
- Continue to develop a dedicated, sensitized and professional workforce for efficient execution of roles assigned to them.
- Have a regular monitoring and consultative process with all our service providers and set up monitoring mechanism for delivery of promised services to our customers.
AGENT:
MOHAMED SALEH BEHBEHANI & CO W.L.L
C.R. NO. 248 KUWAIT
Mohammad Saleh & Reza Yousuf Behbehani Co. W.L.L was established in the year 1963. The founding partners of the company are Mohammad Saleh Yousef Behbehani and Mohammad Reza Yousef Behbehani. The activity range of the company covers, Distributors and Agents for Automobiles (New and Used), Rental and Leasing, Tyres, Press Equipment and Accessories, Swiss Watches, Shipping, Insurance, Travel, Soft drinks and Beverages, Real Estate and Investment.
The company is a market leader in the State of Kuwait and has built up a business founded on integrity, quality and service. The company has invested heavily in the products it represents and is continually focusing on providing quality products and improved services to our clients to meet the needs of a dynamic market.
During the past five decades, the company has developed into a well-established family owned conglomerate which has incorporated and cherished the heritage of the past maintaining a clear focus on the future.
Late Mr. Mohammad Saleh Yousef Behbehani
Founder
Late Mr. Mohammad Reza Yousuf Behbehani
Co - Founder
Mr. Jasem M.S. Behbehani
Vice President
Mr. Abdulghani M.S Behbehani
Director
Mr. Adel M.R. Behbehani
Director
Mr. Talal M.R. Behbehani
Director
Mr. Vijay Kapur
General Manager
The Management and Executive officers of the company are; Mr. Mohammad Reza Yousuf Behbehani, President, Mr. Jasem M.S. Behbehani, Vice President, Mr. Adel M.R. Behbehani, Director, Mr. Talal M.R. Behbehani, Director, Mr. Abdulghani M.S Behbehani, Director and Mr. Vijay Kapur, General Manager.
Major Agencies and Brands the company represent are, GMC, General Motors Corporation - U.S.A, Isuzu, Isuzu Motors Limited – Japan, Seat, Seat S.A – Spain, Subaru, Fuji Heavy Industries Ltd. – Japan, Lifan, Chongqing Lifan Industry. – China, Pirelli Tyres, Italy, Heidelberg Druckmaschinen AG, Germany, Goss Systemes Graphiques S.A, France, Polar Mohr, Germany, Paul Leibinger, Germany, Janecke & Schneemann, Germany, Flint Group, Germany, Schur Packaging – Sweden, Swiss Watches - Omega, Balmain, Tissot, Certina, Mido, Mondaine, Fortis, Roamer, Swiss Military Hanowa, Glycine, Silvana, Louis Erard, Cyrus and Anonimo.
The company also represent Maersk Line- A.P Moller Group, Denmark, Damco –Netherlands and The New India Assurance Co. Ltd., India.