|National Insurance Company Limited (NIC) a leading public sector insurance companies of India, was set up in 1906. Company headquarter is located in Kolkata. The company was formed with the merger of 21 Foreign and 11 Indian Companies after the General Insurance Business Nationalisation Act was passed in 1972 and became a subsidiary of General Insurance Corporation of India (GIC), fully owned by Government of India.
National Insurance is the second largest non life insurer in India has a huge market in Northern and Eastern India. The company deals in general insurance business of fire, marine and miscellaneous insurance. Company is offering services to almost every sector or industry in the Indian economy including, Banking, Telecom, Aviation, Shipping, Information Technology, Power, Oil & Energy, Agronomy, Plantations, Foreign Trade, Healthcare, Tea, Automobile, Education, Environment, Space Research etc.
National Insurance Company has a network of about 1000 offices with manpower of more than 16,000 skilled personnel, is spread over the length and breadth of the country covering remote rural areas, townships and metropolitan cities. NIC carry out its foreign operations from its branch offices in Nepal.