List of Crop Insurance Companies in India
Crop Insurance Companies in India: In this post we will know about the general information, contact details, and service areas of the various insurance companies in India.
Also read: Why farmers deserve pension
There are two major crop insurance schemes
- Pradhan Mantri Fasal Bima Yojana.
- Restructured Weather Based Crop Insurance Scheme.
- प्रधानमंत्री फसल बीमा योजना
- पुनर्गठित मौसम आधारित फसल बीमा योजना
Also read: Indian farmers 2021
Generally, crop insurance schemes are the schemes of a General Insurance Company.
Main article: List of Crop Insurance Companies in India
Also read: Low risk agribusiness
Index
(1). List
(2). General Information: Crop Insurance Companies of India
(1). List of Crop Insurance Companies in India
- AIC.
- Bajaj Alliannz.
- Bharti AXA CIC.
- CHOLA MS.
- Future Generalli.
- HDFC ERGO.
- ICICI LOMBARD.
- IFFCO TOKIO.
- National Insurance.
- New India Assurance.
- Oriental Insurance.
- Reliance GIC.
- Royal Sundaram GIC.
- SBI GIC.
- Sriram GIC.
- TATA AIG.
- United India.
- Universal SOMPO.
(2). General Information: Crop Insurance Companies of India
2.1 AIC
Name: Agricultural Insurance Company of India
Type: Nationalised Insurance Company, Development finance institution
Headquarter: New Delhi
Year of Establishment: 2002
Chairman and CEO: Sh, Malay Kumar Poddar
PMFBY Association Type: Stakeholder
Also: Restructured Weather Based Crop Insurance Scheme
Season: Kharif, Rabi.
Toll free number: 011 – 24600444
Whatsapp:
Email: aicho@aicofindia.com
Fax No.:
Application
Website: https://www.aicofindia.com/
Area particular
India
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
……….
2.1 Bajaj Allianz
Also read: Why farmers deserve pension
Name: Bajaj Allianz General Insurance Company Limited.
Type: Joint venture
Headquarter: Bajaj Allianz House, Airport Road, Yerawada, Pune-411006.
Year of Establishment: 2001.
MD ane CEO: Tapan Singhel
PMFBY Association Type: Stakeholder
Also: Restructured Weather Based Crop Insurance Scheme
Season: Kharif, Rabi.
Toll free number: 1800-209-5959
Whatsapp: 7507245858.
Email: bagichelp@bajajallianz.co.in
Fax No.: 020-30512246
Application
Farmitra Mobile App
Website: https://www.bajajallianz.com/
Area particular (2016 -2020)
- Andhra Pradesh.
- Assam.
- Bihar.
- Chhattisgarh.
- Gujarat.
- Haryana.
- Jharkhand.
- Karnataka.
- Madhya Pradesh.
- Maharashtra.
- Rajasthan.
- Telangana.
- Uttar Pradesh.
- Uttrakhand.
Also read: Low risk agribusiness
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
………
2.3 Bharti Axa CIC
Name: Bharti Axa (Bharti Enterprises)
Headquarter: Unit No. 1902, 19th Floor, Parinee Crescenzo, ‘G’ Block, Bandra Kurla Complex, BKC Road, Near MCA Club, Bandra East, Mumbai -400051.
First Branch: July 2008.
MD and CEO: Mr. Sanjeev Srinivasan
PMFBY Association Type: Stakeholder.
Also: Restructured Weather Based Crop Insurance Scheme
Season: Kharif, Rabi.
Toll free number: 1800 103 7712
Whatsapp:
Email: customer.service@bhartiaxa.com
Fax No.:
Application
Website: https://www.bharti-axagi.co.in/crop-insurance
Area particular
- Bihar.
- Gujarat.
- Jharkhand.
- Karnataka.
- Maharashtra.
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
……………….
2.4 Chola MS
Name: Cholamandalam MS General Insurance Company Ltd.
Headquarter: New No. 2, Old No. 234, Dare House, II Floor, N. S. C. Bose Road, Parrys.
CHENNAI-HO – 600 001, TAMIL NADU, India.
Year of Establishment: 2001
MD: V. Saryanarayanan
PMFBY Association Type: Stakeholder
Also: Restructured Weather Based Crop Insurance Scheme
Season: Kharif, Rabi.
Toll free number: 1800-208-5544
04440445400
Whatsapp:
Email: customercare@cholams.murugapa.com
Fax No.:
Application
Website: www.cholainsurance.com
Area particular
- Bihar.
- Himachal Pradesh.
- Madhya Pradesh.
- Odisha.
- Telangana.
- Tamilanadu.
- Uttrakhand.
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
………………
2.5 Future Generali
Name: Future Generali India Insurance Company Ltd.
Headquarter: 8th floor, Tower C, Embassy 247 Park,
L.B.S. Marg, Vikhroli (W),
Mumbai – 400 083.
Year of Establishment: 2000.
MD ane CEO: Anup Rau
PMFBY Association Type: Stakeholder
Season
Kharif: Rajasthan.
Rabi: Maharashtra.
Kharif and Rabi: Karnataka.
Toll free number: 1800-266-4141
Whatsapp: +91-8108198633
Email: care@futuregenerali.in
Fax No.:
Application: FG Insurance
Website: https://general.futuregenerali.in/
Area particular
- Karnataka.
- Goa.
- Maharashtra.
- Rajasthan.
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
………….
2.6 HDFC Ergo
Name: HDFC ERGO General Insurance Company Limited
Headquarter: 1st Floor, HDFC House, 165-166 Backbay Reclamation, H. T. Parekh Marg, Churchgate, Mumbai – 400 020.
Year of Establishment: 2002
MD ane CEO: Mr. Ritesh Kumar
PMFBY Association Type: Stakeholder
Also: Restructured Weather Based Crop Insurance Scheme
Season: Rabi.
Toll free number: 022 6242 6242
Whatsapp: +917304524888
Email: contact@hdfcergo.com
Fax No.:
Application
Website: https://www.hdfcergo.com/
Area particular
- Assam.
- Andhra Pradesh.
- Chhattisgarh.
- Goa.
- Madhya Pradesh.
- Rajasthan.
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
………..
2.7 ICICI Lombard
Name: ICICI Lombard General Insurance Company Limited
Headquarter: Mumbai.
Year of Establishment: 2001
MD ane CEO: Bhargav Dasgupta
PMFBY Association Type: Stakeholder
Season: Kharif, Rabi.
Toll free number: 18002666
Whatsapp: +917738282666
Email: customersupport@icicilombard.com
Fax No.: 022 61961323
Application
Website: www.icicilombard.com
Area particular
- Andhra Pradesh.
- Assam.
- Haryana.
- J & K.
- Jharkhand.
- Chhattisgarh.
- Gujarat.
- Haryana.
- Jharkhand.
- Madhya Pradesh.
- Maharashtra.
- Meghalaya.
- Odisha.
- Tamil Nadu.
- Uttar Pradesh.
- West Bengal.
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
……….
2.8 IFFCO Tokiyo
Name: IFFCO-Tokio General Insurance Company Limited
Headquarter: Gurugram.
Year of Establishment: 2000
MD ane CEO: Mrs. Anamika Roy Rashtrawar
PMFBY Association Type: Stakeholder
Also: Restructured Weather Based Crop Insurance Scheme
Season: Kharif, Rabi.
Toll free number
7993407777
1800-103-5490
Whatsapp:
Email: support@iffcotokio.co.in
Fax No.:
Application IFFCO Tokio
Website: www.iffcotokio.co.in
Area particular
- Chhattisgarh.
- Haryana.
- Jharkhand.
- Madhya Pradesh.
- Odisha.
- Punjab.
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
……..
2.9 National Insurance
Name: National Insurance Company Limited
Type: Nationalised Insurance Company
Headquarter: 3, Middleton Street,
Prafulla Chandra Sen Sarani ,
Kolkata, West Bengal, 700071
Year of Establishment: 1906
Chairman and MD: Tajinder Mukherjee
PMFBY Association Type: Stakeholder
Also: Restructured Weather Based Crop Insurance Scheme
Season: Kharif, Rabi.
Toll free number: 22831705
(033)2283-1742 & 18003454033
Whatsapp:
Email: customer.relations@ni.co.in
Fax No.: 22831740
Application
Website: https://nationalinsurance.nic.co.in/
Area particular
- India.
- Nepal.
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
For: List of Crop Insurance Companies in India
……..
2.10 New India Assurance
Name: New India Assurance Co. Ltd.
Type: Nationalised Insurance Company
Headquarter: The New India Assurance Co. Ltd., #87, M.G.Road, Fort, Mumbai 400 001
Year of Establishment: 1919
CEO: Atul Sahai
PMFBY Association Type: Stakeholder
Also: Restructured Weather Based Crop Insurance Scheme
Season: Kharif, Rabi.
Toll free number: +91-1800-209-1415
Whatsapp:
Email: tech.support@newindia.co.in
Fax No.:
Application
Website: https://www.newindia.co.
Area particular
India
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
……..
2.11 Oriental Insurance
Name: The Oriental Insurance Company Ltd.
Type: Nationalised Insurance Company
Headquarter: Oriental House, A-25/27, Asaf Ali Road, New Delhi – 110002
Year of Establishment: 1947
MD: Shri Anjan Dey
PMFBY Association Type: Stakeholder
Also: Restructured Weather Based Crop Insurance Scheme
Season: Kharif, Rabi.
Toll free number: 1800118485/011-33208485
Whatsapp:
Email: csd@orientalinsurance.co.in
Fax No.:
Application Oriental Insurance On Mobile
Website: https://orientalinsurance.org.in/
Area particular
India
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
……..
2.12 Reliance GIC
Name: Reliance General Insurance
Type: Private
Headquarter: 6th Floor, Oberoi Commerz, International Business Park, Oberoi Garden City, Off. Western Express Highway, Goregaon (E), Mumbai- 400063
Year of Establishment: 2000
CEO: Rakesh Jain
PMFBY Association Type: Stakeholder
Also: Restructured Weather Based Crop Insurance Scheme
Season: Kharif, Rabi.
Toll Free Number: 1800 3009
Paid Number: +91 22 48903009
Whatsapp: 7400422200
Email: rgicl.services@relianceada.com
Fax No.:
Application
Website URL: https://www.reliancegeneral.co.in/Insurance/
Area particular
India
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
……..
2.13 Royal Sundaram GIC
Name: Royal Sundaram General Insurance Company Co. Ltd.
Type: Private
Headquarter: Royal Sundaram General Insurance Co. Limited
No.21 , Patullos Road ,
Chennai – 600 002
Year of Establishment: 2000
Chairman: Mr. S. Viji
PMFBY Association Type: Stakeholder
Season: Kharif, Rabi, Kharif and Rabi.
Toll free number: 1800 568 9999
Whatsapp:
Email: customer.services@royalsundaram.in
Fax No.:
Application
Website: https://www.royalsundaram.in/
Area particular
- Assam.
- Jharkhand.
- Odisha.
- Tripura.
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
………..
2.14 SBI GIC
Name: SBI General Insurance Company Limited
Type: Joint venture
Headquarter: Mumbia
Year of Establishment: 2009
CEO: Prakash Chandra Kandpal
PMFBY Association Type: Stakeholder
Season: Kharif, Rabi.
Toll free number: 1800-102-111
Whatsapp:
Email: customer.care@sbigeneral.in
Fax No.:
Application
Website: http://www.sbigeneral.in/
Area particular
India
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
………
2.15 Sriram GIC
Name: Sriram General Insurance Company Limited
Type: Conglomerate
Headquarter: E-8, EPIP, RIICO Industrial Area, Sitapura, Jaipur – 302022 (Raj.)
Year of Establishment:
Chairman: Ramamurthy Thyagarajan
PMFBY Association Type: Stakeholder
Also: Restructured Weather Based Crop Insurance Scheme
Season: Kharif, Rabi.
Toll free number: 1800-103-3009
Whatsapp:
Email:
Fax No.: 0141-2770692
Application
Website: https://www.shriramgi.com/
Area particular
India
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
……….
2.16 TATA AIG
Name: TATA AIG General Insurance Company Limited
Type: Joint venture
Headquarter: Peninsula Business Park,
Tower A, 15th Floor, G.K.Marg, Lower Parel,
Mumbai – 400 013, Maharashtra, India
Year of Establishment: 2001
CEO: Neelesh Garg
PMFBY Association Type: Stakeholder
Also: Restructured Weather Based Crop Insurance Scheme
Season: Kharif, Rabi.
Toll free number: 1800-209-3536
Whatsapp:
Email: customersupport@tataaig.com
Fax No.: 022 66938170
Application
Website: https://www.tataaig.com/
Area particular
- Maharashtra.
- Rajasthan.
- Telangana.
- Uttar Pradesh.
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
………
2.17 United India
Name: United India Insurance Co. Ltd.
Type: Nationalised Insurance Company
Headquarter: United India Insurance Co. Ltd.
#19, Nungambakkam High Road, IV Lane,
Chennai – 600034
Year of Establishment: 1938
Chairman and MD: Girish Radhakrishnan
PMFBY Association Type: Stakeholder
Also: Restructured Weather Based Crop Insurance Scheme
Season: Kharif, Rabi.
Toll free number: Ph :91-044-28575200
Whatsapp:
Email: customercare@uiic.co.in
Fax No.:
Application
Website: https://uiic.co.in/
Area particular
India
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
……..
2.18 Universal Sompo
Name: Universal Sompo General Insurance Co. Ltd
Type: Public Private Partnership
Headquarter: Universal Sompo General Insurance Co Ltd. Office No 103, First Floor, Ackruti Star,
MIDC Central Road,Andheri (East), Mumbai-400093,Maharashtra
Year of Establishment: 2007
MD and CEO: Mr. Sharad Mathur
PMFBY Association Type: Stakeholder
Also: Restructured Weather Based Crop Insurance Scheme
Season: Kharif, Rabi.
Toll free number: 1800-200-5142
Whatsapp:
Email: contactus@universalsompo.com
Fax No.:
Application
Website: http://www.universalsompo.com/
Area particular
India
Crop Categories and Crops
Food crops: Cereal crops, millets, pulse crops.
Oilseeds.
Horticultural crops: Vegetable crops, e.g., potato, tomato, chilli etc. Fruit crops, e.g., banana, papaya, guava etc.
For: List of Crop Insurance Companies in India
……………
Which crop insurance company is the best?
Answer: Bajaj Allianz.
It is very active in the field of crop insurance.
What is the role of stakeholders?
Here, stakeholder means a company who is in association with the Govt. of India regarding Pradhan Mantri Fasal Bima Yojana.
They provide an easy platform for farmers by interacting with them
Abbreviations:
MNCFC = Mahalanobis National Crop Forecast Centre.
It was established in 23rd April, 2012 under the Department of Agriculture, Cooperation and Farmers’ Welfare, Ministry of Agriculture & Farmers’ Welfare, Government of India with a major goal of seasonal crop forecast.
What are some crop insurance companies in India?
There are more than 14 or 14+ general insurance companies in India. They are also involved in crop insurance. Except few, all companies are Pvt. Ltd.
For Example, the Agriculture Insurance Company of India is a government body dedicated to crop insurance, while the companies like Bajaj Allianz and Bharti AXA GIC, etc., are general insurance companies which also act as a crop insurance company.