Delighted to inform you that we have gone LIVE at the PAYTM platform with the “MOTOR RENEWAL” instance where on the fore-front, Private Car & Two wheeler would be available there for the renewal.
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News at USGI


Universal Sompo General Insurance Co. Ltd was recognized & honored with the prestigious “The Fintelekt Insurance Awards 2017,”, held in Mumbai on 21 July 2017. The company was bestowed with an award for being a"Claim Service Leader – Medium & Small "category. In the FY 2016-17, Universal Sompo General Insurance Co. Ltd.; settled more than 1.2 million claims. The jury members consisted of eminent members from IRDAI, General Insurance Council, Life Insurance Council and insurance industry veterans. The Fintelekt Insurance Awards measure and acknowledge the achievements of the insurance industry in India and have become the undisputed and credible mechanism to rank industry players in a comprehensive and fair manner.

Universal Sompo General Insurance has been adjudicated the “Customer Service Provider of the Year” at the 02nd Annual Insurance Summit & Awards 2017, held in Mumbai on 26th May 2017. The company achieved maximum scores in all parameters as per the defined rules of the nominations. The parameters included, company’s bandwidth of customer service personnel, response rate, innovation in servicing customers and financial implication. The award was bestowed to Mr.Rajiv Kumar, MD & CEO, Universal Sompo General Insurance at an award ceremony held at Hotel Lalit, Mumbai.

The Exhibition/ Conference held on 8th & 9th of September 'Goregaon-Mumbai, exhibits the general insurance products offers by Universal Sompo. The two days Exhibition/ Conference was an open platform for the visitor to bring clarity on insurance concepts & need of insurance, premium charges & coverage details. Universal Sompo also educated the visitors on digital transactions & easy online policies which will be convenient for the customers.

Universal Sompo General Insurance has launched Mobile Application for its PoS distribution channel to further enhance and improve penetration of its general insurance products in the country. The new PoS channel will utilize mobile based application to service new business and customers through the mobile application. Universal Sompo will be extending a set of pre-underwritten & IRDAI approved products to customers for Motor, Health and Critical illness initially.

Universal Sompo General Insurance embedded itself to book a coveted seat among major financial companies to successfully complete the CKYC Registry Process as required by Central Registry of Securitization and Asset Reconstruction and Security Interest of India (CERSAI), a company licensed under section 25 of the Companies Act, 1956 and registered by the Registrar of Companies, New Delhi. With this certification, Universal Sompo General Insurance becomes compliant for securely initiating & adhering to the uniformed parameters for uploading customer KYC details in the central system, for future customer identification purposes, which obviously gives it a thrust to adopt state-of-the-art IT infrastructure.