Oriental Sales Corporation
Homepage https://orientalinsurance.org.in
LinkedIn Profile https://linkedin.com/company/the-or***rance-compa***
HQ Location
India , New DelhiA25-27, Asaf Ali Road New Delhi, 110002 India
India's Fourth largest General Insurance Company
ORIENTAL INSURANCE with its head Office at New Delhi has 27 Regional Offices and nearly 1000+ operating Offices in various cities of the country. The Company has overseas operations in Nepal, Kuwait and Dubai. The Company has a total strength of around 15,000+ employees. From less than a lakh at inception, the Gross Premium went up to Rs.58 crores in 1973 and during 2009-10 the figure stood at a mammoth Rs. 4854.67 crores.
Oriental Insurance is a professionally managed independent Board-run Company. Illustrious personalities like Shri T.A.Pai ( who later became Cabinet Minister in the Union Government ), Shri K. R. Puri, who rose to be the Governor of RBI and Shri B.D.Pande (who later became the Governor of West Bengal) were among our past Chairmen.
At present Dr. R.K.Kaul is Chairman-Cum-Managing Director of the Company.
The Company has an integrated Non-Life Insurance Application Software (INLIAS) implemented in all the 1018 offices.
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Insurance, Risk Management and Actuarial Science
The Insurance & Risk Management industry is involved in the assessment and management of risks associated with business activities . Companies in this field specialize in underwriting insurance policies and providing risk management advice to businesses .
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