New India Assurance company logo

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newindia.co.in

Founded Year

1919

Stage

IPO | IPO

Date of IPO

11/1/2017

About New India Assurance

New India Assurance (NIA) is a general insurance company in India. NIA offers insurance in categories including fire insurance; marine insurance, motor insurance, crop insurance, health insurance and other insurance products. The company has built an multi-channel distribution network that includes individual and corporate agents, brokers, bancassurance partners and other intermediaries, as well as direct sales and sales through online channels.

New India Assurance Headquarter Location

87, M.G. Road, Fort

Mumbai, 400 001,

India

+91 18002091415

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Expert Collections containing New India Assurance

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

New India Assurance is included in 1 Expert Collection, including Health Plans & Benefits Management.

H

Health Plans & Benefits Management

716 items

Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.

Latest New India Assurance News

FinMin invites applications for Chief Vigilance Officers in PSU banks, insurers

May 10, 2022

FinMin invites applications for Chief Vigilance Officers in PSU banks, insurers Besides, CVO position would also fall vacant in New India Assurance Co and IFCI during this year. Officers are not eligible to apply for the post of CVO in their parent organisation, it added. Updated May 10, 2022, 8:38 PM IST The finance ministry has invited applications from eligible candidates for the position of Chief Vigilance Officers (CVOs) in various public sector banks and insurance companies. Applications have been called for CVO positions in five lenders, including Canara Bank, Indian Bank and Bank of India. Besides, CVO position would also fall vacant in New India Assurance Co and IFCI during this year. Position of CVO would also be filled at Punjab National Bank, Punjab & Sind Bank, General lnsurance Corporation and National Bank for Agriculture and Rural Development (Nabard). Applications are invited for filling up the posts of Chief Vigilance Officers (CVOs) in various Public Sector Banks (PSBs), Public Sector Insurance Companies (PSICs) and Financial Institutions (FIs), according to a notification issued by the Department of Financial Services, under the finance ministry. Selection of the candidates shall be made by the government in consultation with Central Vigilance Commission (CVC) on the basis of their record of service and interaction with the selection committee, it added. The officers selected as CVOs shall draw pay equal to their existing pay in their parent organisation plus deputation allowance thereon equal to 10 per cent of their basic pay, it said, adding they will be entitled to perquisites admissible to next higher position in the borrowing organisation. As per the eligibility criteria for appointment of CVO in PSBs, it said, Chief General Managers (CGMs) of those PSBs where CGM post is introduced, including SBI, having minimum 3 years of residual service are eligible to apply. Officers are not eligible to apply for the post of CVO in their parent organisation, it added. Last date of submission of application is June 15. TAGS:

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  • When was New India Assurance founded?

    New India Assurance was founded in 1919.

  • Where is New India Assurance's headquarters?

    New India Assurance's headquarters is located at 87, M.G. Road, Fort, Mumbai.

  • What is New India Assurance's latest funding round?

    New India Assurance's latest funding round is IPO.

  • Who are New India Assurance's competitors?

    Competitors of New India Assurance include Acko General Insurance.

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