universal sompo general insurance company limited
About Company
Universal Sompo General Insurance Company Limited, which was founded in 2007 and is headquartered in Mumbai, is a joint venture between Indian Bank, Indian Overseas Bank, Karnataka Bank, Dabur Investments, and Japan’s Sompo Insurance Inc. It has a huge network of over 185 offices and presence in 300+ locations. The company has 234 IRDAI-approved insurance products and around 1,500 add-on covers in retail, corporate, rural, and specialized segments. Its big innovations are AI-powered platforms like Universal i Assess and Universal i Gen for real-time claims processing. Universal Sompo has also shown some social commitment by adopting villages and supporting Skill India initiatives. It is recognized with an AA+ ICRA rating and many awards like the Economic Times Best Brand Award and Great Place to Work certification.