Is Universal Sompo a government or private organization?

Ved593

Universal Sompo General Insurance Company is a public sector general insurance company of India. It was incorporated in 2007 and is headquartered in Mumbai. The company has a network of over 4,000 offices across the country. The company offers a wide range of insurance products such as health, motor, travel, home, and personal accident. It also has a wide range of products for the SME sector. The company has a strong focus on the rural and semi-urban markets and has a wide distribution network in these areas. The company has a customer base of over 1 crore. The company has a strong focus on technology and has a robust IT infrastructure. The company has a strong claim settlement record and has a solvency ratio of 2.11. The company has been assigned a rating of AA by ICRA.

Sangeetha914

Universal Sompo is a privately owned insurance company in India.

nisha_thampy

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.