In this article we will pick some of the top insurance institutes in India, and discuss briefly about them. These insurance institutes aren’t listed or ranked in any order or basis. As India’s financial sector grows, so does the need for skilled insurance professionals. Many institutes across the country offer top-notch courses in insurance and…
Roadside assistance insurance is a specialized coverage option designed to help drivers in the event of a vehicle breakdown or other roadside emergencies. This insurance provides services that can assist motorists when their vehicle becomes inoperable due to mechanical failure, flat tires, dead batteries, or other common issues. This coverage offers peace of mind by…
In Nepal, motor vehicle insurance policies and their pricing, including bikes and cars, are regulated by the Nepal Insurance Authority (NIA). The key directive guiding these policies is the “Motor Insurance Tariff related Directive, 2073” issued by NIA. This directive outlines various types of motor insurance policies, but in this article, we will focus on…
Buying bike insurance is essential for protecting your finances and ensuring safety during unexpected events like accidents. Here are nine key benefits of having bike insurance, explained in detail: 1. Third-Party Liability Coverage Many of the countries’ law mandates buying two-wheeler insurance to protect against third-party liabilities. If you cause injury to someone or damage…
United Ajod Insurance Limited is a non-life insurance provider in Nepal, born from the merger of Ajod Insurance Limited and United Insurance Company (Nepal) Limited. Officially commencing jointly operations on May 28, 2023, the company is striving to position itself as a reliable and innovative insurance partner. With an authorized share capital of Rs. 3…
The Oriental Insurance Company Limited has been a prominent player in Nepal’s insurance market since 1956, operating as an extension of its Indian parent company, a well-established public sector general insurer under the Ministry of Finance in India. Initially starting as a branch office in Kathmandu, the company quickly expanded its reach by setting up…
Headquartered in Babarmahal of Kathmandu, Siddhartha Premier Insurance Limited is a trusted name in non-life insurance, formed from the merger of Siddhartha Insurance Limited and Premier Insurance Co. (Nepal) Limited. Siddhartha Insurance was established on April 14, 2006 while Premier Insurance was established even earlier in May 12, 1994. This brings together over 30 years…
Established around two decades ago, Shikhar Insurance Company Limited has quickly ascended to prominence in Nepal’s insurance industry. Officially incorporated as a Public Limited Company on Jestha 25, 2061 B.S., and commencing operations on Mangsir 2, 2061 B.S., Shikhar Insurance stands as the 15th non-life insurance company in Nepal. The company’s capital structure includes an…
Sanima GIC Insurance Limited, established through the merger of Sanima General Insurance Limited and General Insurance Company Nepal Limited, began its consolidated operations on October 24, 2022. This newly formed entity boasts over 400 staff members and more than 50 branches across Nepal, aiming to enhance its services and fulfill stakeholder expectations. The company places…
SALICO, or elaborately known as Sagarmatha Lumbini Insurance Company Limited, is the result of the merger between Sagarmatha Insurance Company and Lumbini General Insurance Company. After merger, they started joint operation from Falgun 29, 2079 B.S. It is now a leading name in Nepal’s non-life insurance sector. With an extensive network of over 100 branches…
