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About
Us
The
New India Assurance Co. Ltd was established in 1919 by Sir Dorab
Tata in Bombay (now Mumbai, India). It initially started its operation
as a life and general business. Then in 1956 New India became an
exclusive General Insurance Company.
With
a wide range of policies New India has become the largest non-life
insurance company not only in India, but one of the leading insurers
in the Afro-Asian region.
The
global operations of New India started as early as 1920 with the
establishment of their London office. Today New India is operating
in 27 countries.
Gross
Premium of US$1.5 billion in the year 2006-07. Assets approximately
US$7.0 billion as on 31st March 2007.
The
company has been rated ‘A-’ (EXCELLENT) by A.M.Best
& Company (Europe) based upon the following factors:
(i) Superior Capital Position.
(ii) Strong Operating Performance.
(iii) Strong Market Position.
Fiji
Operation
New
India's presence in Fiji Islands dates back to 1954. The first branch
was established in Suva in 1954, in the early days of economic development
of the country. The second branch was established in Lautoka in
the year 1967 to cater for our clients in western part of Fiji.
The Labasa and Nadi branches were established in years 1982 and
1995 respectively.
In
last more than fifty years many general insurance companies in Fiji
have come and gone but New India has attained strength by strength
serving the Fiji and its people through thick and thin, in their
good and bad years meeting their commitment to insuring public with
satisfaction in the worst of the Fiji's period of natural disasters
caused by frequent cyclones.
New
India's strong financial base and people oriented policies has lead
it to a successful Insurance company in Fiji. The New India Fiji
is setting goals and coming up with incentives to broaden and strengthen
broker network and customer satisfaction and building new relationships
through direct and reinsurance business.
We
in Fiji underwrite all classes of General Insurance business and
acknowledge the fact that our continued prosperity is due to the
goodwill and support which we have always received from our clientele.
Key
Areas
Transparency,
Flexibility and accessibility to executives are the key factors
for our wide satisfied base of customers
Our
Mission
To
demonstrate superior ability to help and every insured find the
best solution to their General Insurance need. Our values are to
strive and achieve the ideal of “Service and Security”.
Company is fully committed to Fiji and its people to strengthen
the financial insurance services of the country.
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