The New India Assurance Company Ltd (NIACL) was established on July 23rd, 1919 and was founded by House of Tata Founder member – Sir Dorabji Tata. It is the Govt owned multinational general insurance company operating in 28 countries. The headquarters of the company is situated in Mumbai, India. The reach of NIACL is speared across 28 countries through subsidiaries, directs branch, etc. The company offers various Insurances such as Personal Insurance, commercial insurance, industrial insurance, liability insurance and social insurance.
Role of NIACL
The company’s vision is to be the most respected, trusted and preferred Non-life Insurer in the Global market. Its mission is to develop the best insurance policies for the customers and to provide the Financial Security to Individuals, Trade, Commerce & all other segments of the Society by offering high quality of Insurance products & Services. The company has launched policies such as New India Floater Mediclaim Policy, New India Asha Kiran Policy, Money Insurance, Households policy etc. The New India Assurance Company deals in making Insurance Policies. The policies are made for the benefit and betterment of the people.
- Personal Insurance
- Commercial Insurance
- Liability Insurance
- Social Insurance
The company is a leading insurer and holds the record of being the highest profit maker in India. The company has total 2097 offices which include more than 1041 micro offices. There are about 19,000 employees who work towards the attainment of the goals and objectives of the company. In addition to this, around 50,000 tied agents provide regular and updated information about policies and insurances to the customers through functional portals. The company is also a co- promoter of Agriculture Insurance Company of India & GIC Housing Finance Ltd. As a part of its current growth plan, NIACL is looking forward for a joint venture with other Government owned insurers to set up a common TPA in the Health insurance support services.
Various Policies which are part of the company
The mentioned below are some of the policies that have been introduced by NIACL. The customers can avail benefit out of the given policies.
- New India Floater Mediclaim Policy
- New India Asha Kiran Policy
- Mediclaim 2012 Policy
- Pravasi Bhartiya Bima Yojana Policy
- Mediclaim 2007 Policy
- Family Floater Mediclaim Policy
- Personal Accident Policy
- Overseas Mediclaim Policy
- Householders Policy
- Motor Policy
- Money Insurance
- Money Insurance
- Rasta Apatti Kavach (Road Safety Insurance)
- Suhana Safar Policy
- TV/VCR/VCP Insurance
- Mobile/Cellular Phone Insurance
- Other Personal Insurance
- Group Mediclaim Policy
- Griha Suvidha Policy
Job Prospects with NIACL
The company releases various job opportunities for the interested and eligible candidates under numerous posts. The candidates may find their dream job by working as core team members of Administrative Officers. The company has a recruitment section on its official website where candidates can check the job opportunities and accordingly apply for the same. Recently, the candidates were selected on the basis of regional language test from various states. The company offers the Job opportunities with a good scale pay, which is part of a lucrative and a prosperous career for anyone who decides to join the organization. eligibility for the recruitment will be strictly based on satisfying the laid norms as prescribed by NIACL. The interested candidates may apply for numbers of posts. Of which few have been listed below.
- Administrative Officer
- Accountant and other posts.
Note- A candidate interested in the posts shall undergo a recruitment process which includes written examination/ Interview in accordance with the post applied by the candidate.
Ongoing Recruitment at NIACL
The company is always looking for the eligible and interested candidates who can be part of the growth of the company and continuously strive to strengthen its workforce and its core fundamentals. Candidates should respond to the advertisement by applying for the post through available options. The applications may be seeked in either online mode/ Offline mode. All the essential details related to current openings can be fetched from the portal of the company i.e. www.newindia.co.in. The apply link would be embedded on the website using which candidates must suffice basic details and complete all the formalities apply for their desired post.