United India Insurance provides a wide range of insurance policies for individuals and business. United India Insurance Company: Different Products & Services United India Insurance Company has been rated ‘AAA/Stable’ by CRISIL. United India Insurance Company Limited also played a pioneering role in terms of taking out Insurance to rural people with hefty executions of policies like Vijaya Raji Janani Kalyan Yojana covering 45 Lakh women in Madhya Pradesh & Universal Health Insurance Programme of Government of India, National Livestock Insurance, Tsunami Jan Bima Yojana and other similar schemes.

The company has made its presence in 200+ Tier II & III villages and towns through its innovative Micro Offices. United India takes the lead in terms of forming and executing multifaceted covers to large companies like GMR- Hyderabad International Airport Ltd, ONGC Ltd., Tirumala Tirupati Devasthanams, Mumbai International Airport Ltd. United India Insurance Company has an outsized diversity of insurance product that can provide covers from bullock carts to satellites.

The company now provides policy covers to over 1 Crore policyholders across the country. UIIC has over 1340 branch offices all over India and a staggering workforce of over 18300 employees.

The formation of United India Insurance Company Limited was the result of joining together 5 foreign insurance companies, 12 Indian Insurance Companies, 4 cooperative insurance societies and southern region general insurance operations of LIC India.Īfter United India Insurance was nationalized, the company has witnessed massive changes and stupendous growth. As per IRDA Act 1999 when GIC turned into a reinsurance company, its four subsidiaries namely National Insurance, New India Assurance, Oriental Insurance and United India Insurance got autonomy. United India Insurance Company (UIIC) was formerly a subsidiary of the General Insurance Corporation of India (GIC). In the year of 1972, the United India Insurance was nationalized. United India Insurance Company Limited was formed into a company on 18th February 1938. United India Insurance Company (UIIC), one of the completely owned public sector general insurance companies by the Government of India, is the second largest general insurance company of India on the basis of the gross premium of mammoth Rs.

United india insurance co ltd