Universal Sompo is a private company that is headquartered in India. It is a joint venture among the public sector companies, Indian Overseas Bank and Indian banks, Allahabad Bank, Karnataka Bank and Dabur Invest Corp and the Japanese non-life insurance company, Sompo Japan Insurance Inc. Universal Sompo is engaged in providing comprehensive insurance solutions to individuals, businesses, and families for their financial protection needs. The company offers a wide range of health, general and other insurance products. Its services also include policy and claim processing, risk management services, advice and counseling, and data and analytics.