In 1947, the Oriental Insurance Company Limited was founded in Mumbai. The Oriental Government Security Life Assurance Company Limited was the sole owner of the company.
The company was founded in order to carry on with the general insurance industry. From 1956 until 1973, the general insurance firm was a subsidiary of the Life Insurance Corporation of India, until the general insurance business was nationalised in India.
All of the shares of Oriental Insurance Company held by the General Insurance Corporation of India were transferred to the Central Government in the year 2003.
The Oriental Insurance Company Limited has a reputation for running a smooth and well-organized operation. The firm's strength is its skilled and well-trained team, which covers a wide range of professions and expertise.
The firm specializes in providing insurance for large projects such as power plants, chemical plants, steel plants, and petrochemical facilities.
The general insurance organization has created a variety of insurance policies to meet the needs of the country's rural and urban populations.
Because of its qualified and experienced workforce, the insurance company claims of providing great customer service.
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