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List of Crop Insurance Companies in India


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

  • 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.



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