Overview
Revenue
Non-Applicable per year
Headquarters
Mumbai, Maharashtra
Category
Suraksha Hamesha Aapke Sath
Universal Sompo is a Joint venture of Allahabad Bank, Indian Overseas Bank, Karnataka Bank Limited, Dabur Investments and SompoJapanNipponkoa Insurance Inc. USGIC is having paid up capital of Rs. 368.18 Cr with the Profit of 206.71 Cr with a premium growth of 22.48% in FY 2018-19.The Company is headquartered in Mumbai and has 86 branches and 17 Zonal offices across India. The Company received the Licence and Certificate of Registration from Insurance Regulatory and Development Authority in November 2007. Universal Sompo General Insurance is India’s first non-life general insurance company that has the support and partnership of credible Public & Private corporate entities from India and Japan. Our stakeholders are Allahabad Bank (28.52%), Indian Overseas Bank (18.06%), Karnataka Bank (6.00%), Dabur Investments (12.81%) and Sompo Japan (34.61%). All these three of the Indian partners are leading banks (Allahabad Bank, Indian Overseas Bank and Karnataka Bank Ltd) with a combined asset base of Rs. 3, 14,071 Crores and over 10000 branches and distribution centres. Dabur investment Corp is the 4th largest FMCG Company in India with over 1.5 million retail outlets. Sompo Japan Nipponkoa Insurance Inc. is a Japanese insurance company. The “Sompo” in the company's name means “property insurance” in Japanese, though Sompo Japan Nipponkoa offers a range of financial services including life insurance, securities, asset management and venture capital businesses. The company has 152 IRDA approved products and 108 Add-ons that Includes Health & Critical Illness, Personal Accident & Disability, Home, Motor, Property for individuals, Offices, Shopkeepers Package and other non-life packages for Small Entrepreneurs, besides Employee Benefit, Operational, Project Insurance, Liability and other special products for Corporates. The company maintained claim settlement ratio 99.83%, more than 1.5 lakhs claims settled in financial year 2018-19. Universal Sompo is a Joint venture of Allahabad Bank, Indian Overseas Bank, Karnataka Bank Limited, Dabur Investments and SompoJapanNipponkoa Insurance Inc. USGIC is having paid up capital of Rs. 368.18 Cr with the Profit of 206.71 Cr with a premium growth of 22.48% in FY 2018-19.The Company is headquartered in Mumbai and has 86 branches and 17 Zonal offices across India. The Company received the Licence and Certificate of Registration from Insurance Regulatory and Development Authority in November 2007. Universal Sompo General Insurance is India’s first non-life general insurance company that has the support and partnership of credible Public & Private corporate entities from India and Japan. Our stakeholders are Allahabad Bank (28.52%), Indian Overseas Bank (18.06%), Karnataka Bank (6.00%), Dabur Investments (12.81%) and Sompo Japan (34.61%). All these three of the Indian partners are leading banks (Allahabad Bank, Indian Overseas Bank and Karnataka Bank Ltd) with a combined asset base of Rs. 3, 14,071 Crores and over 10000 branches and distribution centres. Dabur investment Corp is the 4th largest FMCG Company in India with over 1.5 million retail outlets. Sompo Japan Nipponkoa Insurance Inc. is a Japanese insurance company. The “Sompo” in the company's name means “property insurance” in Japanese, though Sompo Japan Nipponkoa offers a range of financial services including life insurance, securities, asset management and venture capital businesses. The company has 152 IRDA approved products and 108 Add-ons that Includes Health & Critical Illness, Personal Accident & Disability, Home, Motor, Property for individuals, Offices, Shopkeepers Package and other non-life packages for Small Entrepreneurs, besides Employee Benefit, Operational, Project Insurance, Liability and other special products for Corporates. The company maintained claim settlement ratio 99.83%, more than 1.5 lakhs claims settled in financial year 2018-19. Universal Sompo Buy Motor, Health,Travel & Home . - Universal Sompo offers General Insurance policies online. We offer range of general insurance products in India including MOTOR, HEALTH, TRAVEL & HOME.
