United India Insurance Company Limited is a leader in
the business of General Insurance in India. It came into being on 18
February 1938. However, the General Insurance business was nationalized
in the country in 1972, the United India Insurance was then merged with
12 Indian Insurance Companies, 4 Cooperative Insurance Societies, Indian
operations of 5 Foreign Insurers, and the General Insurance operations
of southern region of Life Insurance Corporation of India. The company
has progressed tremendously since nationalization and today stands as
one of the most trustworthy name in the Insurance sector.
Branches and Business
The United India Insurance Company Limited is one of the biggest
companies in India with more than 20000 offices of the company spread in
the length and breath of India. The company today, claims to cover more
than 1 Crore policy holders under its insurance policies. With an
efficient workforce of over 21000, the company claims apart from all the
major cities of the country also claims its presence in more than 200
tier II and III towns and villages through their innovative Micro
Offices. However, the headquarters the company is situated in Chennai,
India.
The business of the United India is very widespread. The company claims
to provide insurance cover to varied products right from insurance to
bullock carts to satellites. The net income of the company was estimated
to be Rs. 520 Crore in the year 2006. Apart from catering big brands
like ONGC, GMR, Mumbai International Airport Ltd and Tirumala-Tirupati
Devasthanam, United India has also been the pioneer of insurance in
rural India. The Tsumani Jan Bima Yojana which covered more than 4.59
lakhs of families in the 4 Tsunami affected states of India gained a lot
of appreciation throughout the country. United India Insurance has also
been awarded with 'iAAA' rating by Investment Information and Credit
Rating Agency consecutively for three years for its strong fundamental
policies and financial strength.
Products and Services
Personal Services
United India Insurance-United India Insurance Company Ltd-United India Insurance Company in India
