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The New India Assurance Co.

Q: When was The New India Assurance Co. founded?

The New India Assurance Co. was founded in 1919. The company has been operating for 105 years primarily in the Insurance sector .

Q: Where is the The New India Assurance Co. headquarters located?

The New India Assurance Co. is headquartered in Mumbai, Maharashtra.

Q: How many employees does The New India Assurance Co. have in India?

The New India Assurance Co. currently has more than 15,000+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in The New India Assurance Co. based on the number of reviews submitted on AmbitionBox.

Q: Does The New India Assurance Co. have good work-life balance?

The New India Assurance Co. has a work-life balance rating of 4.4 out of 5 based on 100+ employee reviews on AmbitionBox. 85% employees rated The New India Assurance Co. 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read The New India Assurance Co. work-life balance reviews for more details

Q: Is The New India Assurance Co. good for career growth?

Career growth at The New India Assurance Co. is rated fairly well, with a promotions and appraisal rating of 3.9. 85% employees rated The New India Assurance Co. 4 or above, while 15% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading The New India Assurance Co. promotions/appraisals reviews for more detailed insights.

Q: What are the pros of working in The New India Assurance Co.?

Working at The New India Assurance Co. offers several advantages that make it an appealing place for employees. The company is highly rated for job security , work life balance and company culture , based on 100+ employee reviews on AmbitionBox.

4.4

based on 188 Reviews

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Company Overview

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Working at The New India Assurance Co.

Company Summary

One of the Largest public sector general insurance company of India. New India Assurance operates both in India and foreign countries. Buy or renew insurance online.

Overall Rating

4.4/5

based on 188 reviews

48% above

industry average

Highly rated for

Job Security, Work-Life Balance, Company Culture

Key Factors to Consider

4.0

Salary & Benefits

4.5

Job Security

4.4

Work-Life Balance

View all category ratings

Work Policy

Work from office

87% employees reported

Monday to Friday

80% employees reported

Flexible timing

53% employees reported

Within city

38% employees reported

View detailed work policy

Top Employees Benefits

Job/Soft skill training

18 employees reported

Health insurance

18 employees reported

International/On-site exposure

7 employees reported

Professional degree assistance

5 employees reported

View all benefits

About The New India Assurance Co.

Founded in1919 (105 yrs old)

India Employee Count10k-50k

Global Employee Count10k-50k

India HeadquartersMumbai, Maharashtra, India

Office Locations

Websitenewindia.co.in

Primary Industry

Insurance

Other Industries

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NEW INDIA ASSURANCE CO. LTD, founded by Sir Dorabji Tata in 1919, a Multinational General Insurance Company, today operates in 28 countries and headquartered at Mumbai, India. Our global business crossed Rs. 26607 crores in March 2019.We have been market leaders in India in Non-Life business for more than 40 years. Our Indian business crossed Rs.23910 crores in March 2019. We are the only direct insurer in India rated A-(Excellent) by AM BEST Company since 2007. We have been rated AAA/Stable by CRISIL since 2014, indicating that the Company has the highest degree of Financial Strength to honour its Policyholder's obligations.We have been leading the market, apart from premium, in reserves & net worth for many years.

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