Universal Sompo General Insurance Company Limited is a private-public collaboration connecting three public sector Indian banks – Allahabad Bank, Karnataka Bank and Indian Overseas Bank; one of the preeminent Indian FMCG companies, Dabur India Limited; and, a private Tokyo-based Japanese insurance company, Sompo Japan Nipponkoa, which is a Fortune 500 company begetting a capital of 70 billion yen.
In line with the ICMR-BFM survey, this company has ranked 5th in the top 15 for rendering non-life insurance products.
Universal Sompo General Insurance Company Limited administers a continuum of the individual as well as commercial general insurance plans to its clients, intending to increase customer gratification by continually refining their products.
In 2017-2018, Universal Sompo General Insurance claim settlement ratio was :