Universal Sompo is a Joint venture of Indian Bank, Indian Overseas Bank, Karnataka Bank, Dabur Investments, and Sompo Japan Insurance Inc. The company’s paid-up capital is Rs 368 Cr; Shareholders’ Net worth is over Rs. 1269 Cr ; Gross Written Premium Rs. 4169 Cr ; Assets Under Management (AUM) Rs. 4386 Cr; Solvency at 1.73 times. The company is headquartered in Mumbai and has 151 offices countrywide with representation through its digitally enabled employees. It has a strong distribution network of Agents, Point of salespersons, Bank Branches, Automobile Dealers, Brokers, Common Service Centres, and Digital Platforms. The company offers 234 IRDAI-approved products and 1494 Add-on covers, ranging from Motor, Accident & Health, Home for Individuals, Shopkeepers Package, Crop and other non-life packages for SMEs, Fire, Marine, Engineering, Employee’s Benefit, Project Insurance, Liability, and other special products for Corporates. Microinsurance covers the Rural segment. The company maintains its Claims settlement ratio at 98.87% and has robust technology architecture to serve its customers nationwide.
View Top Employees from Universal Sompo General Insurance Co. Ltd.Website | http://www.universalsompo.com |
Revenue | $252 million |
Employees | 1,653 (1,112 on RocketReach) |
Founded | 2007 |
Address | Office No 103, First Floor, Ackruti Star, MIDC Central Road, Andheri (East), Mumbai, Maharashtra 400093, IN |
Phone | +91 80 2530 0343 |
Technologies |
JavaScript,
HTML,
PHP
+34 more
(view full list)
|
Industry | Insurance, Commercial/Professional Insurance, General Insurance Company, Multi-line Insurance |
Keywords | Insurance Services, Financial Services, Property Insurance, Casualty Insurance, Joint Venture, Rural Insurance, Microinsurance, Corporate Insurance, Health Insurance, Motor Insurance |
SIC | SIC Code 64 Companies, SIC Code 641 Companies |
NAICS | NAICS Code 52421 Companies, NAICS Code 524210 Companies, NAICS Code 5242 Companies, NAICS Code 52 Companies, NAICS Code 524 Companies |
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The Universal Sompo General Insurance Co. Ltd. annual revenue was $252 million in 2024.
Nilesh Mejari is the CFO of Universal Sompo General Insurance Co. Ltd..
1,112 people are employed at Universal Sompo General Insurance Co. Ltd..
Universal Sompo General Insurance Co. Ltd. is based in Mumbai, Maharashtra.
The NAICS codes for Universal Sompo General Insurance Co. Ltd. are [52421, 524210, 5242, 52, 524].
The SIC codes for Universal Sompo General Insurance Co. Ltd. are [64, 641].