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Universal Sompo is a Joint venture of Indian Bank, Indian Overseas Bank, Karnataka Bank, Dabur Investments, and Sompo Japan Insurance Inc. The companys paid-up capital is Rs 368 Cr; Shareholders Net worth is over Rs. 1269 Cr ; Gross Written Premium Rs. 4169 Cr ; Assets Under Management (AUM) Rs. 4386 Cr; Solvency at 1.73 times. The company is headquartered in Mumbai and has 151 offices countrywide with representation through its digitally enabled employees. It has a strong distribution network of Agents, Point of salespersons, Bank Branches, Automobile Dealers, Brokers, Common Service Centres, and Digital Platforms. The company offers 234 IRDAI-approved products and 1494 Add-on covers, ranging from Motor, Accident & Health, Home for Individuals, Shopkeepers Package, Crop and other non-life packages for SMEs, Fire, Marine, Engineering, Employees Benefit, Project Insurance, Liability, and other special products for Corporates. Microinsurance covers the Rural segment. The company maintains its Claims settlement ratio at 98.87% and has robust technology architecture to serve its customers nationwide.
At Preciball USA, we have provided tailored precision and industrial balls to a wide variety of industries for nearly 100 years. This long standing commitment to excellence and dedication to our customers has earned us advanced expertise and a thorough understanding of hundreds of very specific applications and processes in industries around the globe. Our products are used in applications such as bearings, pumps, valves, swivel joints, transfer units, casters, oil and gas extraction, grinding and dispersion, sprayers, conveyors, and agitators... Materials include carbon, chrome, stainless steel, plastic, glass, phenolic resin, and exotic alloys. Our capabilities include engineering, research and development, custom product development and manufacturing.
CAC Group operates in two distinct sectors. The first entity, CAC Group (Insurance & Advisory Services), is a prominent insurance broker and advisor. They specialize in customized solutions for insurance and capital markets, offering advisory and placement services for complex risk management. They also provide bespoke financial solutions through CAC Capital, focusing on private finance and structured offerings. In August 2024, they launched a new brand identity to reflect their expanded capabilities. The second entity, CAC Holdings Corporation, is a Japanese IT services conglomerate established in 1966. With 23 subsidiaries worldwide, it provides IT system construction, operation, and strategic consulting for enterprises. The company is led by President and CEO Ryota Nishimori and has a consolidated workforce of 4,653 employees. As of December 2024, CAC Holdings reported a capital of ¥3.7 billion and consolidated sales of ¥52.06 billion.
Seramount is a New York-based management consulting firm that provides diversity, equity and inclusion advisory services for businesses.