Top Insurance Companies in India

Aditya Birla SunLife Insurance Company Limited

Founded in 2000, it is an alliance between the Aditya Birla Group and Sun Life Financial Incorporated. It offers a variety of products, including children's future plans, wealth protection plans, retirement and pension solutions, and traditional term plans as well as Unit Linked Insurance Plans (ULIPs). Mr Kamlesh Rao is the MD and CEO of the company.

Bandhan Life Insurance Company Limited

It is owned by Bandhan Financial Holdings Limited (BFHL), the financial services arm of the Bandhan Group, which acquired the company from its earlier promoters Aegon N.V. and Bennett, Coleman & Co. (The Times Group) in February 2024. Founded in 2008, it operates as a digital-first life insurer offering term plans, savings plans, and ULIPs. Mr Satishwar Balakrishnan is the MD and CEO of the company.

Ageas Federal Life Insurance Company Limited

It is an alliance between Ageas (74%) and Federal Bank (26%). IDBI Bank, a founding partner, exited as a promoter in 2022 after selling its stake to Ageas, though it continues as a distribution partner. Mr Jude Gomes is the MD and CEO of the company.

Aviva Life Insurance Company India Limited

Founded in 2002, it is a joint venture between Aviva Public Limited Company, an insurance group based in the UK, and Dabur Invest Corporation, one of the oldest and most respected business houses in India. With its wide range of insurance products, it aims to help you meet today's challenges and take advantage of tomorrow's opportunities. Mr. Asit Rath is the Chief Executive Officer and Managing Director.

Bajaj Life Insurance Company Limited

Previously known as Bajaj Allianz Life Insurance Company Limited, a joint venture between Bajaj Finserv and Germany-based Allianz SE since 2001, the company was rebranded as Bajaj Life Insurance Company Limited in October 2025 following the Bajaj Group's acquisition of Allianz's stake in the company. Mr Tarun Chugh is the MD and CEO of the company.

Bharti AXA Life Insurance Company Limited

It is a joint venture between AXA Group, a Paris-based insurance company, and Bharti Enterprises, a predominant business group with interests in telecom, agricultural business, and financial services. Founded in 2006, it has diverse interests in telecom, agriculture, and financial services. Mr. Akhil Kumar Gupta is the Chairman and Non-Executive Director of the company.

Canara HSBC Life Insurance Company Limited

The company is an alliance between Canara Bank, Punjab National Bank, and HSBC Insurance (Asia Pacific) Holdings Limited. It was founded in 2008 and offers life, health, term plans, retirement solutions, and credit life products across individual and group segments. Mr Anuj Mathur is the MD and CEO of the company.

Edelweiss Life Insurance Company Limited

Founded in 2011, it's a joint venture between Edelweiss Financial Services Limited and Tokio Marine Holdings Inc, one of Japan's oldest and largest insurance companies. In order to provide effective solutions to you, it looks at every product, every service point, and every innovation from your perspective. Mr. Rashesh Shah is the Chairman (Non-executive Director) of the company.

Generali Central India Life Insurance Company Limited

Generali Central Life Insurance Company Limited (formerly Future Generali India Life Insurance Co. Ltd.) is headquartered in Mumbai. The company combines the global insurance expertise of the Generali Group, founded in 1831, with the strong domestic reach of the Central Bank of India, established in 1911. Backed by Generali's international best practices and Central Bank's network of over 4,500 branches, the company offers a wide range of life insurance solutions, including term, savings, child, retirement, wealth creation and group insurance plans. Mr. Alok Rungta is the Managing Director and CEO of the company.

HDFC Life Insurance Company Limited

The company was founded in 2000. HDFC Life is now a subsidiary of HDFC Bank Limited (following the HDFC Limited-HDFC Bank merger in 2023). Abrdn (formerly Standard Life Aberdeen) continues to hold a minority stake. HDFC Life offers an array of individual and group insurance plans to meet your various requirements such as protection, pension, investment, annuity, products, etc. Ms Vibha Padalkar is the MD and CEO of the company.

ICICI Prudential Life Insurance Company Limited

The company was founded in 2001. It is an alliance between ICICI Bank Limited and Prudential Corporation Holdings Limited. It offers a wide range of long-term savings and protection products to meet your needs at different stages of life. Mr Anup Bagchi is the MD and CEO of the company.

IndiaFirst Life Insurance Company Limited

The company was founded in 2009 and is an alliance of Carmel Point Investments India Pvt Ltd, Bank of Baroda, Union Bank of India. It offers several products, catering to the protection, savings, health and retirement needs of customers including participating plans, non-participating savings plans, non-participating protection plans, unit-linked insurance plans, group protection plans, corporate funds plans, riders, etc. Rushabh Gandhi is the Managing Director & Chief Executive Officer.

Kotak Life Insurance Company Limited

Established in 2001, it is a joint venture between Kotak Mahindra Bank and Old Mutual Public Limited Company. A wide range of products are available with them, including term plans, ULIPs, savings plans, retirement plans, etc. Mr Mahesh Balasubramanian is the MD and CEO of the company.

Life Insurance Corporation of India

Founded in 1956, its primary objective is to spread life insurance more widely, particularly in rural areas, to ensure that all insurable persons in the country receive adequate financial protection at a reasonable price. Mr. R Doraiswamy is the MD and CEO of the company (effective July 15, 2025). The post of Chairman of LIC was abolished in June 2024 pursuant to amendments to the LIC Act, 1956.

Axis Max Life Insurance Company Limited

It started in 2000 as a joint venture between Max Financial Services and Axis Bank. It offers protection, long-term savings, and retirement solutions. Mr Sumit Madan is the MD and CEO of the company (effective October 1, 2025).

PNB MetLife India Insurance Company Limited

It was started in 2001 as a joint venture between Punjab National Bank and MetLife International Holdings LLC. Combining PNB's vast distribution network and MetLife's global insurance expertise, PNB MetLife has been offering high-quality insurance products. Mr Sameer Bansal is the MD and CEO of the company.

Pramerica Life Insurance Company Limited

Pramerica Life Insurance Limited offers a comprehensive range of life insurance solutions for both individual and group customers. With a nationwide presence through 125 branches and a diversified distribution network, the company serves a broad customer base, helping individuals and families achieve their financial goals and secure their future with confidence. Mr. Pankaj Gupta is the Managing Director & CEO of the company.

Indusind Nippon Life Insurance Company Limited

Founded in 2001, it offers five distinct lines of insurance to both individuals and businesses, namely protection, child, retirement, savings & investment, and health. Shri. Ashish Vohra is the Executive Director & CEO.

SBI Life Insurance Company Limited

The company was founded in the year 2000 as an alliance between the State Bank of India and BNP Paribas Cardif S.A. SBI Life offers a range of products to both individuals as well as groups, including protection, pension, savings, etc. Mr Amit Jhingran is the MD and CEO of the company.

Shriram Life Insurance Company Limited

In 2005, Shriram Group, a renowned financial services organisation, and Sanlam Life Insurance, a predominant financial services group in South Africa, joined forces to form this entity. It offers products and services tailored specifically to your unique needs. Mr. Casparus Jacobus Hendrik Kromhout is the MD and CEO of the company.

Star Union Dai-Ichi Life Insurance Company Limited

As a joint venture between the Bank of India, Union Bank of India, and Dai-ichi Life Holdings, Star Union Dai-ichi Life Insurance (SUD Life) was formed in 2009. Mr. Abhay Tewari is the MD and CEO of the company. It strives to meet the varying needs of its customers across different social strata and geographic regions through a broad range of life insurance products.

TATA AIA Life Insurance Company Limited

The company was founded in 2001. It is an alliance between Tata Sons Private Limited and AIA Group Limited. With its range of solutions, it helps you plan for your life, savings, wealth, and retirement needs. Mr. Venkatachalam Iyer is the MD and CEO of the company.

Acko General Insurance Limited

It was founded in 2016, and since then has partnered with some of the biggest companies in the digital world like Ola, redBus, Amazon, OYO, and launched innovative products like trip insurance, electronics cover, hotel-stay insurance, etc. Mr. Varun Dua is the Managing Director & CEO of the company.

Bajaj General Insurance Company Limited

The company was rebranded as Bajaj General Insurance Company Limited in October 2025. It offers a wide range of products like health insurance, motor insurance, pet dog insurance, personal accident insurance, marine insurance. Mr Tapan Singhel is the CEO/CMD of the company.

Cholamandalam MS General Insurance Company Limited

The company was founded in 2001 as an alliance between the Murugappa Group, and Mitsui Sumitomo Insurance Company Limited. Chola MS offers motor insurance, health insurance, property insurance, accident insurance, engineering insurance, liability insurance, marine insurance, travel insurance, crop insurance, etc. for individuals and businesses. Rajive Kumaraswami is the Managing Director & CEO is the CEO/CMD of the company.

Generali Central India Insurance Company Limited

It is a joint venture between Generali Group and Future Group. Since its founding in 2006, it aims to provide you with protection, advice, and service and is committed to delivering superior customer service and satisfaction. K.G Krishnamoorthy Rao is the Managing Director and Chief Executive Officer of the company.

Go Digit General Insurance Limited

It was founded in 2016 and focuses on building simple, transparent insurance solutions. Basically, it aims to simplify insurance products so even 15-year-olds can understand them. Ms Jasleen Kohli is the CEO/CMD of the company.

HDFC ERGO General Insurance Company Limited

In 2002, it was formed as a joint venture between HDFC Limited, India's leading housing finance company, and ERGO International AG, Munich Re's primary insurance company. It offers motor insurance, health insurance, travel insurance, home insurance, personal accident insurance in the retail sector and customised products like property insurance, marine insurance, and liability insurance in the corporate space. Mr Parthanil Ghosh is the MD and CEO of the company (effective April 16, 2026).

ICICI LOMBARD General Insurance Company Limited

Established in 2001, it's a joint venture between ICICI Bank Limited and Fairfax Financial Holdings Limited. ICICI Lombard has continuously provided essential security and protection to its customers, allowing them to live and plan with confidence. Mr. Sanjeev Mantri is the Managing Director & Chief Executive Officer of the company.

IFFCO TOKIO General Insurance Company Limited

In 2000, Indian Farmers Fertiliser Cooperative Limited (IFFCO), the world's largest fertiliser manufacturer, joined forces with Tokio Marine Group, one of Japan's largest insurance groups to form this entity. Its product portfolio includes car insurance, two-wheeler insurance, health insurance, travel insurance, home insurance, and corporate policies like property and liability insurance. It also has a range of products like credit insurance, fine arts insurance, etc. Mr. Subrata Mondal is the CEO/CMD of the company.

Zurich Kotak General Insurance Company Limited

Zurich Kotak General Insurance Company (India) Limited is a 70:30 joint venture between Zurich Insurance Group and Kotak Mahindra Bank. Renamed in August 2024 following Zurich's acquisition of a 70% stake, the company is among India's fastest-growing non-life insurers. Established in 2015, it offers a broad portfolio of general insurance products, including motor, health, and home insurance, delivering customer-centric solutions through advanced technology and a strong digital ecosystem. Mr Alok Kumar Agarwal as the Managing Director and Chief Executive Officer of the company.

Liberty General Insurance Limited

The company was established in the year 2013. It is a joint alliance between the DP Jindal Group, Liberty Citystate Holdings Private Limited, and Enam Securities. It offers car and two-wheeler insurance, employee compensation, commercial insurance, fire and engineering insurance, marine insurance, and other miscellaneous insurance products. Mr Parag Ved is the Chief Executive Officer and Whole Time Director of the company.

Magma HDI General Insurance Company Limited

It was launched in 2009 and provides a wide range of insurance products, including motor insurance, health insurance, personal accident insurance, and home insurance for retailers, as well as fire insurance, engineering insurance, liability insurance, and marine insurance for businesses. Mr. Ramchandra Pandit is the Whole Time Director, Interim CEO & Chief Distribution and Product Officer of the company.

National Insurance Company Limited

The company was founded in 1906 with a mission to be the most preferred option for general insurance customers. It remains committed to that mission, expanding its product offerings and providing you with the latest and most comprehensive coverage available. Smt. Rajeshwari Singh Muni is the CEO/CMD of the company.

Navi General Insurance Limited

It was formed in 2016 and offers a range of products like health insurance, motor insurance, property insurance, commercial insurance and gadget insurance plans. Mr Aditya Mulki is the Whole Time Director and CEO of the company.

Raheja QBE General Insurance Company Limited

The company was founded in 2007 and is an alliance between the Rajan Raheja Group and QBE Insurance (Australia's 2nd largest insurer). Raheja QBE strives to drive highly adaptable insurance solutions to meet every customer's varying needs. Mr. Rajeev Dogra is the Managing Director & CEO of the company.

Indusind General Insurance Company Limited

Since 2000, the company has been offering a wide range of products such as motor insurance, health insurance, home insurance, travel insurance, marine insurance, etc. customised to fit every customer's needs. The company also comes up with cool products, like the first Over-The-Counter health insurance, etc. Mr Rakesh Jain is the CEO/CMD of the company.

Royal Sundaram General Insurance Company Limited

The company was founded in 2000. It is an alliance between Sundaram Finance, Ageas Insurance, and other Indian shareholders. It offers motor insurance, health insurance, personal accident insurance, home insurance and travel insurance to individuals and fire insurance, marine insurance, engineering insurance, liability insurance and business interruption insurance to businesses. Mr Vedanarayanan Seshadri is the Managing Director of the company.

SBI General Insurance Company Limited

The company was established in 2009. It is an alliance between the State Bank of India and the Insurance Australia Group. It is committed to providing simple, innovative solutions to you and building a sustainable business. Mr Naveen Chandra Jha is the CEO/CMD of the company.

Shriram General Insurance Company Limited

Established in 2012, Shriram General Insurance Company is a joint venture between Shriram Capital Limited and Sanlam Limited (South Africa). Mr Anil Kumar Aggarwal is the Managing Director & Chief Executive Officer of the company. Shriram General Insurance offers a wide range of insurance options like home insurance, motor insurance, travel insurance and more.

Tata AIG General Insurance Company Limited

The company was founded in 2001. It is an alliance between Tata Group and American International Group. It offers home insurance, motor insurance, travel insurance, health insurance, property & business Interruption insurance, professional and general liability insurance, environmental insurance, etc. Mr. Amit Ganorkar is the MD & CMD of the company.

The New India Assurance Company Limited

The company was founded in 1919 and has been providing high-quality and reliable services ever since its establishment. Ms Girija Subramanian is the CEO/CMD of the company.

The Oriental Insurance Company Limited

The company was founded in 1947. It offers niche covers for steel plants, power plants, chemical plants, and more. It has developed different kinds of insurance covers to meet the needs of the urban as well as rural population of India. Sh. Sanjay Joshi is the CEO/CMD of the company.

United India Insurance Company Limited

Since 1938, the company has provided insurance covers for everything from bullock carts to satellites. It has built a legacy of trust with people across the country. Mr Bhupesh Sushil Rahul is the CEO/CMD of the company.

Universal Sompo General Insurance Company Limited

The company was founded in 2007 - by Dabur Investment Corporation, Indian Bank, Karnataka Bank Limited, Indian Overseas Bank, and Sompo Japan Insurance Incorporated. The company offers a wide range of products for retail, rural, small & medium businesses, and corporates - including health insurance, motor insurance, travel insurance, and commercial insurance. Mr Sharad Mathur is the CEO/CMD of the company.

Zuno General Insurance Limited

Founded in 2016, Zuno General Insurance Limited (previously known as Edelweiss General Insurance Company Limited) believes insurance should be easy, friendly, and transparent. It strives to challenge industry standards and redefine the traditional customer experience through its innovative products and services. Ms Shanai is the MD & CEO of the company.

Aditya Birla Health Insurance Company Limited

Aditya Birla Health Insurance Company Limited is a part  of Aditya Birla Capital Limited. It was founded in the year 2015 and is an alliance between the Aditya Birla Group and MMI Holdings (South Africa). Its current product portfolio includes some pretty unique products, like incentivised wellness programs and chronic care. Mr Mayank Bathwal is the CEO/CMD of the company.

Care Health Insurance Limited

Established in 2012, Care Health Insurance (formerly known as Religare Health Insurance Company Limited) is a specialised health insurer offering retail products such as health Insurance, top-up coverage, personal accident, maternity coverage, international travel insurance and critical illness coverage along with group health insurance and group personal accident insurance for corporates, micro-insurance products for the rural market and a comprehensive set of wellness services. Mr Ajay Kumar Shah is the CEO/CMD of the company (effective April 26, 2026).

Manipal Cigna Health Insurance Company Limited

The company was launched in 2014 as a joint venture between Manipal Group and Cigna Corporation. It offers a large range of policies designed for the varying needs of individuals and families. It has earned a reputation for being a reliable and experienced partner in the healthcare industry. Mr Joydeep Saha is the CEO/CMD of the company.

Niva Bupa Health Insurance Company Limited

The company was founded in 2008 and Bupa Singapore Holdings Pte Ltd. is the Promoter of Niva Bupa Health Insurance Company Limited. The vision of Niva Bupa is to become India's most admired health insurance company by empowering customers with knowledge, giving them expertise, and providing them with a wide range of services. Mr Krishnan Ramachandran is the CEO/CMD of the company

Star Health & Allied Insurance Company Limited

Established in 2006, the company offers health, personal accident, and overseas and domestic travel insurance tailored to Indian market needs. It has adapted to the latest trends by using innovative technologies to ensure quality service, ease of access, and a seamless user experience. Mr Anand Roy is the CEO/CMD of the company.