Business Details
50+ Years
experience
Your Trusted Commercial Insurance Partner in London
Established in 1919, we are a globally recognised insurance provider with a century-long presence in the UK market. Our expertise spans commercial, retail, and reinsurance solutions tailored to businesses of all sizes. With a network of 2400+ offices across 28 countries, we serve over 12 million customers worldwide. Our specialist underwriters deliver bespoke policies including business combined, property, and care home insurance. Authorised by the Prudential Regulation Authority, we combine financial strength with market responsiveness. Our asset base of 9.469 billion and solvency ratio of 1.66 reflect our stability.We pride ourselves on innovative products like our worldwide property treaty and flexible facultative reinsurance. Operating from London's Lloyd's Building since 1921, we maintain direct relationships with major international brokers. Our 17,000-strong workforce ensures personalised service through appointed brokers and intermediaries. Committed to excellence, we hold accreditations from leading regulatory bodies while maintaining a 12.6% market share in India. Our legacy of trust and modern approach make us a reliable partner for risk management solutions.
Services
Business Combined Insurance
Care Homes Policy
Commercial Property Insurance
Hotels & Guest Houses Insurance
Residential Property Coverage
Shops & Restaurants Insurance
Offices & Surgeries Insurance
International Property Reinsurance
Worldwide Property Treaty
Facultative Reinsurance
Details
- Year established: 1919
Highlights and features
- We serve 12 million customers across 28 countries through 2400+ offices
- Our 17,000-strong workforce provides specialist underwriting expertise
- We maintain a solvency ratio of 1.66 with 9.469 billion asset base
- Our global network spans five continents with direct broker relationships
- We combine century-old experience with innovative insurance solutions
Associations and certifications
- Prudential Regulation Authority (PRA)
- Financial Conduct Authority (FCA)
Services
Business Combined Insurance
Our Business Combined policy offers comprehensive protection for day-to-day operations. This all-in-one solution covers property damage, liability, and business interruption risks. Designed for SMEs, it simplifies insurance management while ensuring complete protection against unexpected events through our nationwide broker network.
Care Homes Policy
Specifically tailored for residential and nursing homes, this policy combines multiple essential covers. It protects against property damage, public liability, and equipment breakdown while addressing sector-specific risks. Our specialist underwriters create comprehensive packages that meet regulatory requirements and safeguard vulnerable residents' environments.
Commercial Property Insurance
Designed for businesses of all sizes, our commercial property insurance covers buildings and contents against fire, flood, and other perils. Available through appointed brokers, this flexible policy adapts to specific industry needs while maintaining competitive pricing and comprehensive risk coverage.
Worldwide Property Treaty
We provide extensive property reinsurance solutions across Europe, Asia-Pacific, and the Americas. Our treaty programmes include catastrophe coverage, excess loss protection, and pro rata agreements. With capacity up to 7.5m in Europe and 5m elsewhere, we offer tailored solutions through major international brokers.
Facultative Reinsurance
Our facultative reinsurance offers bespoke solutions for specific risks. Covering industrial properties and specialist assets globally, we provide up to USD 12.5m capacity per programme. Working with top UK brokers and international partners, we structure flexible terms including quota share and excess loss arrangements.
People
Ms Girija Subramanian
Chairman-cum-Managing Director
Leading New India Assurance with strategic vision, Ms Subramanian drives operational excellence across global markets. With decades of insurance industry experience, she oversees the company's expansion while maintaining its market-leading position in India and international operations.
Questions
What types of commercial insurance do you offer?
We provide Business Combined, Property, Care Homes, Hotels, and Shops insurance. Our specialist underwriters create tailored policies for SMEs and large enterprises through appointed brokers.
Do you operate outside the UK?
Yes, we operate in 28 countries across five continents with major operations in Europe, Asia-Pacific, and the Americas. Our global network includes 2400+ offices serving 12 million customers.
What reinsurance solutions are available?
We offer property treaty programmes (catastrophe, stop loss), facultative reinsurance up to USD 12.5m, and international property treaties. Our London office works with major brokers globally.
Are you regulated by UK authorities?
Yes, we're authorised by the Prudential Regulation Authority and regulated by the PRA and Financial Conduct Authority. Our operations comply with all UK insurance regulations.
