General insurance protects individuals and businesses against financial losses that are not covered by life insurance. The category includes motor, health, travel, home, fire, marine, liability, cyber, personal accident and several specialised commercial insurance products.
India has a large number of IRDAI-registered general insurers, ranging from government-owned companies to major private insurers and newer digital players. The best insurers usually stand out through their product range, financial scale, distribution network, claims infrastructure and ability to serve both retail and business customers. Here are 10 of the leading general insurance companies in India. The numbering is an editorial selection rather than an official IRDAI ranking.
1. The New India Assurance Company Limited
New India Assurance is one of the strongest names in India’s general insurance industry and the largest general insurer in the country by overall scale. Founded by Sir Dorabji Tata in 1919, it is now owned by the Government of India.
The company offers motor, health, travel, home, marine, aviation, fire and several specialised commercial insurance covers. Its reach is particularly impressive, with around 1,594 offices in India and operations extending to more than 25 countries.
For FY 2025-26, New India Assurance reported record global gross written premium of ₹47,174 crore. Its Indian general insurance market share stood at around 12.74%.
Headquarters: Mumbai, Maharashtra
2. ICICI Lombard General Insurance Company Limited
ICICI Lombard is one of India’s largest and most established private general insurance companies. It provides insurance across motor, health, travel, crop, fire, marine, engineering, personal accident and liability segments.
Its size makes it particularly important in the private insurance market. During FY 2025-26, ICICI Lombard recorded gross written premium of ₹30,618 crore. As of March 31, 2026, it operated through 341 branches and had issued more than 39 million policies during the year.
The company has also invested heavily in digital policy servicing, mobile-based insurance management and technology-supported claims.
Headquarters: Mumbai, Maharashtra
3. HDFC ERGO General Insurance Company Limited
HDFC ERGO is a subsidiary of HDFC Bank following the merger of HDFC Limited with the bank. It has developed into one of India’s leading private general insurers.
Its retail portfolio includes motor, health, travel, home, personal accident and pet insurance, while corporate customers can access property, marine and liability products.
HDFC ERGO currently serves more than 3.7 crore customers across its different lines of business and operates through more than 200 branches in over 170 cities. Its combination of banking distribution, digital services and broad product coverage makes it one of the strongest all-round general insurers in India.
Headquarters: Mumbai, Maharashtra
4. Bajaj General Insurance Limited
Bajaj General Insurance, formerly known as Bajaj Allianz General Insurance, is one of India’s best-known private insurers. The company started operations in 2001 and is now a subsidiary of Bajaj Finserv.
It provides motor, health, travel and home insurance along with specialised covers such as cyber, pet, event and rural insurance. Its commercial portfolio includes fire, engineering, marine, liability and surety products.
Bajaj General has built distribution reach across nearly 1,500 towns and cities, making it particularly strong for customers who want an established insurer with both physical and digital access.
Headquarters: Pune, Maharashtra
5. Tata AIG General Insurance Company Limited
Tata AIG combines the strength of the Tata Group with the international insurance expertise of American International Group. The company completed 25 years of operations in India in 2026.
Its consumer business covers motor, health, travel, home and rural insurance. Tata AIG is also particularly strong in commercial insurance, including marine, property, liability and specialised business-risk products.
The insurer has served more than 5 crore customers since inception. It has 9,400+ employees, more than 260 branches and an in-house claims team containing over 400 experts.
Headquarters: Mumbai, Maharashtra
6. SBI General Insurance Company Limited
SBI General Insurance benefits from its association with State Bank of India and the bank’s enormous nationwide distribution network.
Established in 2009, the insurer offers motor, health, travel, home, cyber and personal accident insurance as well as products for businesses, SMEs and rural customers.
SBI General reported gross direct premium of ₹15,904 crore in FY 2025-26, representing year-on-year growth of 14.5%. It has more than 9,900 employees and a presence through 182 company branches, while its distribution network also draws upon more than 23,000 SBI banking outlets.
Headquarters: Mumbai, Maharashtra
7. IFFCO-TOKIO General Insurance Company Limited
IFFCO-TOKIO was incorporated in 2000 as a joint venture between Indian Farmers Fertiliser Cooperative Limited and Japan’s Tokio Marine Group.
It has a particularly broad product portfolio covering car, two-wheeler, health, travel and home insurance along with property, liability, marine, cyber, credit and other specialised commercial covers.
IFFCO-TOKIO has also developed significant reach in rural areas and smaller cities through its Bima Kendra model. During FY 2024-25, the insurer booked premium of around ₹8,505 crore and settled 8.52 lakh claims worth approximately ₹6,660 crore.
Corporate Office: Gurugram, Haryana
8. Go Digit General Insurance Limited
Go Digit is one of India’s most successful newer general insurance companies. Founded in 2016, it has built its business around technology-driven policy issuance and claims servicing.
Digit offers motor, health, travel, property, fire and several other insurance products for individuals and businesses. Motor insurance remains a particularly important part of its portfolio.
For FY 2025-26, Digit reported gross written premium of approximately ₹11,294 crore, up from ₹10,282 crore in the previous financial year. The company is also publicly listed, giving customers and investors greater access to its financial disclosures.
Corporate Office: Bengaluru, Karnataka
9. ACKO General Insurance Limited
ACKO has changed the way many Indian customers purchase insurance by adopting a direct, digital-first business model.
Founded in 2016, the insurer initially became well known for motor insurance before expanding into health, travel and corporate insurance. Policies and claims can largely be handled online without depending on traditional insurance branches.
ACKO’s strength is convenience. Its technology-driven model focuses on reducing paperwork, simplifying policy purchase and making claim servicing more digital. It has also built partnerships with several major online consumer platforms, strengthening its reach among younger and digitally active customers.
Headquarters: Bengaluru, Karnataka
10. Reliance General Insurance Company Limited
Reliance General Insurance is an established private general insurer offering products for both individuals and businesses.
Its core retail portfolio includes motor, health and travel insurance, while business customers can access fire, marine, burglary and other commercial covers. The company also provides specialised insurance solutions depending on industry and customer requirements.
Reliance General has invested considerably in digital servicing, including mobile-based claims and self-service facilities. Its broad motor and health operations, nationwide presence and experience in the Indian market continue to make it one of the notable general insurance companies in the country.
Headquarters: Mumbai, Maharashtra
Conclusion
New India Assurance, ICICI Lombard, HDFC ERGO, Bajaj General, Tata AIG and SBI General stand out for their scale, broad product portfolios and nationwide reach. IFFCO-TOKIO is particularly strong across traditional and rural insurance, while Digit and ACKO have brought a stronger digital approach to the market.
The best general insurance company ultimately depends on the type of cover required. Customers should compare policy coverage, exclusions, deductibles, cashless networks, claim procedures and service availability rather than choosing an insurer simply because it offers the lowest premium.
