Top 50 Insurance Company List 2021 in India

Insurance Company List: Finding the right Insurance Company in India to get your online car insurance needs met is one of the most important tasks of an individual seeking the best. If you are searching for the right company, you are going to be looking for a whole variety of things that will help you make a decision on which company to use.

One good example of how you can use the Internet is to find out about the customer service experience. Many online Insurance Companies will have websites where you can sign up and fill out the information needed. Once you have done this you should find out how quickly you can get in touch with customer service.

If the company takes too long to get back to you, it is probably a good idea to turn elsewhere. Some people use their own personal computer to do this kind of shopping and use their own time to accomplish the task instead of relying on someone else to do it for them.

Insurance Company List in India

Top Insurance Company List in India

But, many people now rely on the Internet to do research on Insurance companies in India and other countries. You can find websites and forums where people talk about their experiences with the different companies. And, the forums are full of people who have either tried one or more companies and have written reviews about them.

If you check into some of these forums, you may be pleasantly surprised at what you find. Even if you choose a company that is not particularly cheap, you might find they have a stellar policy with a great customer service team. And, they might also offer discounts that are well worth your while.

The list is arranged chronologically based on their recognition by IRDAI
1Life Insurance Corporation of IndiaPublicMumbai1956
2HDFC Standard Life Insurance Co. Ltd.PrivateMumbai2000
3Max Life Insurance Co. Ltd.PrivateDelhi2000
4ICICI Prudential Life Insurance Co. Ltd.PrivateMumbai2000
5Kotak Mahindra Life Insurance Co. Ltd.PrivateMumbai2001
6Aditya Birla Sun Life Insurance Co. Ltd.PrivateMumbai2000
7TATA AIA Life Insurance Co. Ltd.PrivateMumbai2001
8SBI Life Insurance Co. Ltd.PrivateMumbai2001
9Exide Life Insurance Co. Ltd.PrivateBangalore2001
10Bajaj Allianz Life Insurance Co. Ltd.PrivatePune2001
11PNB MetLife India Insurance Co. Ltd.PrivateMumbai2001
12Reliance Nippon Life Insurance CompanyPrivateMumbai2001
13Aviva Life Insurance Company India Ltd.PrivateGurugram2002
14Sahara India Life Insurance Co. Ltd.PrivateLucknow2004
15Shriram Life Insurance Co. Ltd.PrivateHyderabad2005
16Bharti AXA Life Insurance Co. Ltd.PrivateMumbai2008
17Future Generali India Life Insurance Co. Ltd.PrivateMumbai2007
18IDBI Federal Life Insurance Co. Ltd.PrivateMumbai2008
19Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd.PrivateGurugram2008
20Aegon Life Insurance Co. Ltd.PrivateMumbai2008
21Pramerica Life Insurance Co. Ltd.PrivateMumbai2008
22Star Union Dai-Ichi Life Insurance Co. Ltd.PrivateMumbai2008
23IndiaFirst Life Insurance Co. Ltd.PrivateMumbai2009
24Edelweiss Tokio Life Insurance Co. Ltd.PrivateMumbai2011

Source: Wikipedia

Non-life insurance companies

As of October 2018, IRDAI has recognized 34 non-life insurance companies.

1Acko General InsurancePrivateMumbai2016
2Aditya Birla Health InsurancePrivateMumbai2015
3Agriculture Insurance Company of IndiaPublicNew Delhi2002
4Apollo Munich Health InsurancePrivateGurgaon2007
5Bajaj Allianz General InsurancePrivatePune2001
6Bharti AXA General InsurancePrivateMumbai2008
7Cholamandalam MS General InsurancePrivateChennai2001
8Cigna TTKPrivateMumbai1918
9DHFL General InsurancePrivateMumbai2016
10Digit InsurancePrivatePune2017
11Edelweiss General InsurancePrivateMumbai2017
12Export Credit Guarantee Corporation of IndiaPrivateMumbai1957
13Future Generali India InsurancePrivateMumbai2007
14HDFC ERGO General Insurance CompanyPrivateMumbai2002
15ICICI LombardPrivateMumbai2001
16IFFCO TOKIO General InsurancePrivateGurugram2000
17Kotak Mahindra General InsurancePrivateMumbai2015
18Liberty General InsurancePrivateMumbai2013
19Magma HDI General InsurancePrivateMumbai2009
20Max Bupa Health InsurancePrivateNew Delhi2008
21National Insurance CompanyPublicKolkata1906
22New India AssurancePublicMumbai1919
23Raheja QBE General InsurancePrivateMumbai2007
24Reliance General InsurancePrivateMumbai2000
25Reliance Health InsurancePrivateMumbai2017
26Religare Health Insurance Company LimitedPrivateGurgaon2012
27Royal Sundaram General InsurancePrivateChennai2000
28SBI General InsurancePrivateMumbai2010
29Shriram General InsurancePrivateJaipur2008
30Star Health and Allied InsurancePrivateChennai2006
31Tata AIG General InsurancePrivateMumbai2001
32The Oriental Insurance CompanyPublicNew Delhi1947
33United India Insurance CompanyPublicChennai1938
34Universal Sompo General Insurance CompanyPrivateMumbai2007

Source: Wikipedia

Some people like to browse the reviews first before signing up for anything. They can see what other people think of the company and whether they were satisfied with the service. As a result, they are much more likely to choose a particular company over another.

Another reason you may want to look at the reviews before choosing an online car insurance company in India is because some companies in India have a poor reputation when it comes to customer service. And, there is not much you can do about that. But, you can make sure that you don’t get a bad policy from one of these companies.

Some companies in India will do very little to get you insured. You will be lucky if you get a quick quote from them, but you will be stuck with the policy unless you agree to the terms and conditions.


The quotes that you get will vary greatly depending on your location. It may take several days to get the quotes, but you will get them without any hassle. And, even if the rates on the quote are pretty high, you can usually save money by agreeing to a lower level of coverage.

When you are getting car insurance quotes, you can just be yourself and not worry about being covered. You will need to be honest when filling out the quote forms so that you will be listed on your insurance’s database. You can get information about yourself and your car on a website that gets all of your information and writes it up for you.

In order to make sure that you are getting a good deal when you get your car insurance company in India, you will need to take a close look at the site’s privacy policy. The policy will tell you how the company can use the information you give them. It will also tell you how they will share it with others including third parties who might not be so good at your personal information.

Conclusion of this

So, make sure you understand what kind of information the company has and use it wisely. You don’t want to be used by anyone else and end up paying more for the same car insurance as you would have if you had gotten it on your own.

How to Find the Best Insurance Company in India

Many people often wonder how to find the best insurance company in India. They are often confused with the various companies that are available in the market. A number of them have come up with various marketing plans to grab the attention of customers. It is very important to make the right decision before investing in a company for your insurance needs.

There are many insurance companies in India. It is difficult to judge them based on the claims and statements of the company. However, a detailed study of the insurance company is a must before purchasing its policies.

Asking for the opinions from other people about the company is also one of the ways how to find the best insurance company in India. You can also check out websites where consumers have written their experiences and feedback about the company. There are many insurance companies who are offering discounts if you are a member of their network.

You can also compare the rates and cost of their policies before making a final decision about how to find the best insurance company in India. You should also inquire about the payment options like direct debit, money order, credit card and cash advance. It is always wise to take the advice of your family and friends as well. It is very important to know whether the insurance company can meet your personal insurance needs.

Most of the insurance companies in India are in the health care related area. A patient’s medical condition or conditions are recorded and billed. The payment that is made by the patient is based on his or her health conditions.

Why Choose the Best Insurence Company

Once the policy is drawn, the insured is provided with a copy of the policy. It will be useful to have a copy of the policy if you have any queries regarding the policy or about the procedure used for quoting the policy.

An agent from the company will be called upon to verify the information provided and make a quote for the policy. This can be done through fax, mail or telephone. It is necessary to understand the process involved in this when purchasing a policy.

These agents will help you find the best policy for your health needs. It is better to select a company that has a good reputation and is an authorized insurance agent. When it comes to the premiums, there are a number of companies that offer discount quotes for families, student group and women’s groups.

It is advisable to find out the charges involved before purchasing the policy. If there are no additional charges, there is no need to purchase a policy. You can also take the time to choose the plan that is best suited for your needs.



Take time to read about the policy and ask questions regarding the details. The agents must have all the documents in their hands. It is always wise to know about the process before purchasing a policy.

One of the ways to find the best insurance company in India is by comparing the quotes that are available. You can compare different quotes on different websites. You will be able to find the cheapest quote in no time. You can compare the prices for each policy on the same website.

You can also compare the details of the policy before you purchase the policy. The policy will be sent to you through your registered mail. There is no need to worry as the documents and papers are sent by post. You can easily get insurance quotes from the Internet.

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