National Insurance Company Limited
NIC (National Insurance Company Ltd.) is India’s oldest general insurance Company. It was incorporated in Kolkata on 5th December, 1906 to fulfil the nationalist aspiration for Swaraj. 66 years later, after nationalisation it was merged along with 21 foreign and 11 Indian companies to form National Insurance Company Ltd, one of the 4 subsidiaries of the Govt. owned General Insurance Corporation of India. The only PSGIC with Headquarters in Kolkata, National Insurance has several Firsts to its credit – it was the first to introduce Product customisation both Corporate and rural - an extension of which is the specialised Techno Marketing Project Cells for insuring mega projects and the Farmers Package Policy to suit the agrarian customer. It was also the first Indian insurance Company to enter into Strategic Alliances with the country’s largest Automobile manufacturer M/s Maruti and Two Wheeler major M/s. Hero Moto Corp and many others.