About Universal Sompo General Insurance Co. Ltd.
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 :
- Health Insurance
- Motor Insurance
- Bancassurance Plan
- Commercial Insurance
- Miscellaneous Insurance
The Edge Offered by Universal Sompo General Insurance Company
- The insurer's purpose is to present world-class products as well as services to customers to improve revenue and present stable returns to its stake-holders.
- Universal Sompo General Insurance holds 113 branches and 17 zonal offices at numerous locations across the country.
- It extends a far-reaching range of insurance plans that are customised to suffice the unique requirements of individuals and businesses irrespective of its extent.
Claim Settlement Ratio
In 2017-2018, Universal Sompo General Insurance claim settlement ratio was :
- Motor: 80.66%
- Health: 104.17%