Universal Sompo General Insurance Company Limited is a private-public collaboration connecting three public sector Indian banks - Allahabad Bank, Karnataka Bank and Indian Overseas Bank; one of the preeminent Indian FMCG companies, Dabur India Limited; and, a private Tokyo-based Japanese insurance company, Sompo Japan Nipponkoa, which is a Fortune 500 company begetting a capital of 70 billion yen.
In line with the ICMR-BFM survey, this company has ranked 5th in the top 15 for rendering non-life insurance products.
Universal Sompo General Insurance Company Limited administers a continuum of the individual as well as commercial general insurance plans to its clients, intending to increase customer gratification by continually refining their products.
Universal Sompo General Insurance offers insurance products in the following domains :
In 2017-2018, Universal Sompo General Insurance claim settlement ratio was :