Incorporated on July 23rd, 1919 Founded by the House of Tata Founder member - Sir Dorab Tata. Nationalised in 1973 with merger of Indian companies.

• Gross Premium (in India) of Rs. 7097.14 crores in the year 2010-2011, as against Rs. 6042.51 crores in the year 2009-2010. Assets Rs. 39621.27 crores as on 31st March 2011. Network of Offices-26 Regional Offices, 397 Divisional Offices, 588 Branches, 29 Direct Agent Branches and 45 Extension Counters. Rank No. 1 in the Indian market. Largest Non-Life insurer in Afro-Asia excluding Japan. First Indian non-life company to cross Rs. 8225.51 crores Gross Premium. Global Re-insurance facilities. Over-seas presence in countries like Japan, U.K, Middle East, Fiji and Australia.

• Overseas operations commenced in 1920. Operations in 23 countries in the year 20010-11 Network of 19 Branches, 7 Agencies, 4 Associate companies and 3 Subsidiary companies in the year 2009-10. Overseas Premium of Rs. 1128.37 crores in the year 2010-11, which accounts for more than 80% of total overseas premium in India.

• First company to set up an Aviation Insurance Department in 1946.
• First company to handle the Hull Insurance requirements of the Indian Shipping Fleet.
• First company to establish its own Training School.
• First company to introduce the concept of 'Model Office Training'.
• First company to create department in Engineering insurance.
• Pioneer in Satellite insurance.

• To develop general insurance business in the best interest of the community.
• To provide financial security to individuals, trade, commerce and all other segments of the society by offering insurance products and services of high quality at affordable cost

• Highest priority to customer needs.
• High standards of public conduct.
• Transparency in operations.

• We will respond to all commercially viable general insurance requirements of the citizens, including products for weaker sections of the society at affordable price within three months from the date on which such a requirement is received.
  
  
• We will ensure issuance of 100% of documents within a period of seven days.
  
  
• We will ensure that prospectus of the various insurance products are provided to the customers and the extent of coverage is explained for his choosing the appropriate product. A written proposal will be obtained from the insured wherever necessary and accordingly the policy will be prepared.
  
  
• We will settle all claims within a time schedule envisaged hereunder:
  
  A. Personal line insurance claims within 30 days on completion of all
  requirements.
  
  B. Property claims within 30 days on completion of all requirements.
  
  C. Liability claims within 30 days on completion of process of law.
  
  
• We will promote customer education in general insurance products/services by holding workshops in various centers.
  
  
• We will open a customer service cell in all ROs/DOs in addition to the existing 'May I Help You' counters.
  
  
• We will set up proper grievance redressal mechanism in every operating office and will educate the clients about the same including the system of grievance redressal thorough ombudsman.
  
  
• On request to the policy issuing office, we will make available to a customer, the status of his claim and/or claim settlement details within seven working days.
  
  
• We will adhere to the IRDA guidelines in protecting the policyholders' interest.