The Oriental Insurance Company Ltd was incorporated at Bombay on 12th September 1947. The Company was a wholly owned subsidiary of the Oriental Government Security Life Assurance Company Ltd and was formed to carry out General Insurance business. The Company was a subsidiary of Life Insurance Corporation of India from 1956 to 1973. In 2003 all shares of our company held by the General Insurance Corporation of India has been transferred to Central Government.
Oriental Insurance company with its head Office at New Delhi in India,it has 23 Regional Offices and nearly 1000 operating Offices in various cities of the all over India. The Oriented Company has overseas operations in Nepal, Kuwait,Dubai and other Country also. The Company has a total strength of about 16000 employees. From less than a lakh at inception and the Gross Premium went up to Rs.58 crores in 1973 and during 2006-2007 the figure stood at about 4020 crores.
The Oriented Company is a pioneer in laying down systems for smooth and orderly conduct of the business. The strength of the company lies in its highly trained and motivated work force that covers various disciplines and has vast expertise in the India Market. Oriental specializes in devising special covers for large projects like power plants, petrochemical, steel and chemical plants. The company has developed various types of insurance covers to cater to the needs of both the urban and rural population of India. The Company has a highly technically qualified and competent team of professionals to render the best customer service.