About New India Assurance
New India Assurance is a company based in Manama (Bahrain) founded in 1919. It operates as a Professional Services. New India Assurance offers products and services including Motor Insurance, Health Insurance, Travel Insurance, Property Insurance, and Marine Insurance.
- Headquarter Manama, Bahrain
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name New India Assurance Co Ltd
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Annual Revenue
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Products & Services of New India Assurance
New India Assurance offers a comprehensive portfolio of products and services, including Motor Insurance, Health Insurance, Travel Insurance, Property Insurance, and Marine Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Comprehensive motor insurance is provided for various vehicles.
Health insurance plans are offered for visa purposes.
Travel insurance is provided for secure journeys abroad.
Property insurance is offered for private and commercial assets.
Marine cargo and hull insurance is provided extensively.
Engineering insurance policies are offered for construction risks.
Miscellaneous insurance covers a variety of unique risks.
Liability insurance is provided for legal risk protection.
Funding Insights of New India Assurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by New India Assurance
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - New India Assurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
New India Assurance Comparisons
Competitors of New India Assurance
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about New India Assurance
When was New India Assurance founded?
New India Assurance was founded in 1919.
Where is New India Assurance located?
New India Assurance is headquartered in Manama, Bahrain.
What does New India Assurance do?
New India Assurance Co Ltd, a multinational general insurance company, is operated as a Government of India Public Sector Undertaking. Headquartered in Mumbai, India, it serves clients in 22 countries with a focus on various insurance products. Comprehensive solutions including motor, health, travel, property, marine, construction, miscellaneous, and liability insurance are offered. The company, founded in 1919, is recognized as the largest general insurance provider in India for over 40 years. Financial strength and stable outlook are rated positively by global agencies.
What products or services does New India Assurance offer?
New India Assurance offers Motor Insurance, Health Insurance, Travel Insurance, Property Insurance, and 4 more products and services.