National Insurance Company Limited (NICL) is one of India's oldest and largest public sector general insurance companies. Wholly owned by the Government of India, NICL was incorporated on December 5, 1906, in Kolkata and nationalized in 1972, becoming one of the four subsidiaries of the General Insurance Corporation of India. It offers a wide array of non-life insurance products, including motor, health, fire, marine, miscellaneous, and rural insurance, catering to individuals, businesses, and agricultural sectors across India. With a vast network of offices, NICL is committed to providing financial security and trusted insurance solutions to millions, playing a significant role in the Indian insurance industry.
Serves as the central administrative and strategic hub, overseeing policy formulation, corporate governance, financial management, risk assessment, and nationwide operations of the company.
The headquarters is housed in a prominent heritage building in Kolkata, known for its colonial-era architecture and significant presence in the city's business district. It's a well-recognized landmark.
The work culture is characteristic of a public sector undertaking, emphasizing stability, adherence to established processes, job security, and a strong focus on serving the public interest and policyholders. Teamwork and experience are highly valued.
The Kolkata headquarters is historically significant as the nerve center for one of India's pioneering insurance providers, directing its mission to provide accessible and affordable insurance across the nation and contributing to economic stability.
While National Insurance Company Limited's primary operations are concentrated within India, where it has an extensive network of offices, it also maintains an international presence with a branch office in Nepal. This allows NICL to extend its insurance services and expertise to the neighboring country, catering to various insurance needs there.
3, Middleton Street, Prafulla Chandra Sen Sarani
Kolkata
West Bengal
India
Address: Scope Minar, Core-2, 9th Floor, Laxmi Nagar District Centre, Delhi – 110092 (Address for Delhi Regional Office I)
Key operational hub for Northern India, ensuring policyholder service, market penetration, and implementation of national strategies in a significant economic zone.
Address: Royal Insurance Building, 12, J. Tata Road, Churchgate, Mumbai - 400020 (Address for Mumbai Regional Office I)
Strategic center for managing complex insurance needs in India's commercial and financial heartland, supporting key industries and financial institutions.
Address: No. 758, Avon Plaza, Anna Salai, Chennai – 600002 (Address for Chennai Regional Office I)
Important regional office for Southern India, focusing on expanding reach, servicing claims efficiently, and adapting products for the local market needs.
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As of April 2025, National Insurance Company Limited' leadership includes:
National Insurance Company Limited has been backed by several prominent investors over the years, including:
The primary executive leadership change at National Insurance Company Limited in the last 12 months involved the Chairman cum Managing Director (CMD) position. Ms. Suchita Gupta retired from the role, and Shri Rajeswari Singh Krishnan was appointed with additional charge as the new CMD.
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National Insurance Company Limited, like many public sector undertakings in India, tends to use standardized email formats for its employees. While there can be variations based on department or seniority, a common pattern often involves the employee's name.
[firstname].[lastname]@nic.co.in
Format
sunil.sharma@nic.co.in
Example
75%
Success rate
The Hindu Business Line • May 1, 2024
Shri Rajeswari Singh Krishnan, General Manager of United India Insurance, has been given additional charge as Chairman-cum-Managing Director (CMD) of National Insurance Company Limited (NICL) effective May 1, 2024. This follows the superannuation of Ms. Suchita Gupta on April 30, 2024....more
The Economic Times • February 13, 2024
National Insurance Company Ltd (NICL) announced a net profit of Rs 129.59 crore for the third quarter of fiscal year 2023-24. This marks a significant turnaround compared to a net loss of Rs 295.18 crore reported in the corresponding quarter of the previous fiscal year. The company's gross written premium also saw an increase during this period....more
Business Standard • December 28, 2023
Then Chairman and Managing Director of National Insurance Company Limited (NICL), Ms. Suchita Gupta, stated that the company is strategically focusing on profitable growth segments. These include retail health, Micro, Small and Medium Enterprises (MSME), and specialized insurance lines, as part of its efforts to improve overall financial health and solvency margin....more
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