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Old 10th October 2017, 11:13 AM
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Default Re: Details about National Insurance Company Limited

National Insurance Company Limited (NICL) is a state owned general insurance company in India. It was established in 1906 and nationalised in 1972.

It offers a multitude of general insurance policies, offered to a wide arena of clients encompassing different sectors of the economy. Apart from being a leading insurance provider in India, it also serves Nepal.

It has been recognised as one of India's Premium Brands by The Economic Times. The Symbol of Excellence certificate has been awarded to it on 10 February 2017. It is the backbone of Indian insurance which plays a great role in helping the people across all areas.

Products and Services

NICL has a range of coverage policies targeting different sectors:
Personal Insurance policies include medical insurance, accident, property and auto insurance coverage
Rural Insurance policies provide protection against natural and climatic disasters for agriculture and rural businesses
Industrial Insurance policies provide coverage for project, construction, contracts, fire, equipment loss, theft, etc.
Commercial Insurance policies provide protection against loss and damage of property during transportation, transactions, etc.

Board of Directors

Shri K Sanath Kumar
Chairman-cum-Managing Director

Shri M Vasantha Krishna
General Manager & Director

Shri John Pulinthanam
General Manager & Director

Ms Bhumika Verma Deputy Director Department of Financial Services Ministry of Finance
Government Nominee Director

Shri Ravi Krishan Takkar
Independent Director - MD & CEO of UCO Bank
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