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The 59 largest Insurance companies in Mumbai

Tamtam tracks 59 Insurance companies headquartered in Mumbai. This list ranks all of them by number of employees on LinkedIn, led by Life Insurance Corporation of India, HDFC Life and ICICI Prudential Life Insurance Company Limited. Their median headcount is 1,685. Half of them were founded in 2006 or later.

馃嚠馃嚦 Mumbai59 companiesUpdated Oct 9, 2026
#CompanyIndustryHeadquarters EmployeesFounded
1
Life Insurance Corporation of Indialicindia.in

Provides diverse life insurance products including health, pension, ULIPs, group schemes, and micro insurance with extensive agent network.

Insurance 馃嚠馃嚦 Mumbai 73,235 n/a
2
HDFC Lifehdfclife.com

Offers individual and group life insurance solutions, including protection, pension, savings, investment, and health plans, customizable with optional riders for diverse customer needs.

Insurance 馃嚠馃嚦 Mumbai 50,795 n/a
3
ICICI Prudential Life Insurance Company Limitediciciprulife.com

Leading private life insurance provider offering term, wealth, child education, and retirement plans to secure families and financial futures.

Insurance 馃嚠馃嚦 Mumbai 31,578 2000
4
SBI Life Insurance Co. Ltd.sbilife.co.in

Leading Indian life insurance company offering a wide range of products, dedicated to providing exceptional customer service, enhancing digital experiences, and giving back to society

Insurance 馃嚠馃嚦 Mumbai 24,611 2001
5
Tata AIA Life Insurancetataaia.com

A leading insurer offering a wide range of life insurance plans with a focus on customer satisfaction, innovation, transparency, and excellence

Insurance 馃嚠馃嚦 Mumbai 20,218 n/a
6
Kotak Lifekotaklife.com

The company offers innovative life insurance products to help customers achieve financial independence at every stage of life Contact for policy queries

Insurance 馃嚠馃嚦 Mumbai 18,588 n/a
7
Aditya Birla Sun Life Insuranceadityabirlacapital.com

A leading life insurance company in India, offering innovative products and industry benchmarks with strong financial backing and customer protection

Insurance 馃嚠馃嚦 Mumbai 16,607 n/a
8
ICICI Lombardicicilombard.com

Leading private general insurer providing motor, health, and crop policies through digital platforms and traditional branches with extensive claim processing and AI-powered solutions.

Insurance 馃嚠馃嚦 Mumbai 15,889 2001
9
Reliance Nippon Life Insuranceindusindnipponlife.com

Leading private sector life insurance company in India offering protection, child education, retirement, savings & investment, and health plans

Insurance 馃嚠馃嚦 Mumbai 13,664 n/a
10
TATA AIG General Insurance Company Limitedtataaig.com

A leading general insurance company offering innovative insurance solutions for individuals and businesses, backed by a joint venture between TATA Group and AIG

Insurance 馃嚠馃嚦 Mumbai 13,630 2000
11
HDFC ERGO General Insurancehdfcergo.com

The company is a leading general insurance provider offering a wide range of insurance products in the retail and corporate sectors with innovative technological solutions for enhanced customer service

Insurance 馃嚠馃嚦 Mumbai 13,251 2002
12
SBI General Insurancesbigeneral.in

A rapidly growing company with 139+ branches in India, serving over 10 crore customers through diverse distribution channels, offering various insurance products for different customer segments

Insurance 馃嚠馃嚦 Mumbai 8,231 2009
13
New India Assurancenewindia.co.in

Multinational general insurance company providing insurance services to individuals and businesses worldwide

Insurance 馃嚠馃嚦 Mumbai 8,014 1919
14
PNB MetLife India Insurance Co. Ltdbit.ly

A leading life insurance company in India, offering protection and retirement products through strong bank partnerships and a wide distribution reach

Insurance 馃嚠馃嚦 Mumbai 7,529 2001
15
Reliance General Insurancereliancegeneral.co.in

A leading private general insurance company in India offering customized insurance products for corporate, SMEs, and individuals with innovative policies and nationwide presence

Insurance 馃嚠馃嚦 Mumbai 7,349 n/a
16
Bharti AXA Life Insurancebhartiaxa.com

Leading Indian provider offering simple, value-for-money life insurance and savings solutions through a nationwide network of branches with a customer-centric focus.

Insurance 馃嚠馃嚦 Mumbai 6,400 2006
17
Exide Life Insurance

A leading private life insurance company in India offering individual and group insurance solutions including protection, pension, savings, investment, and health plans

Insurance 馃嚠馃嚦 Mumbai 5,844 n/a
18
Aditya Birla Health Insurance Company Limitedadityabirlahealth.com

A health insurance company focused on incentivizing wellness, managing chronic conditions, and providing easy access to healthcare services through digital processes

Insurance 馃嚠馃嚦 Mumbai 5,311 2015
19
IndiaFirst Lifeindiafirstlife.com

A life insurance company in India, backed by public-sector banks and private equity, focusing on customer satisfaction through digitalization with nationwide presence

Insurance 馃嚠馃嚦 Mumbai 5,012 2009
20
Generali Central Insurancegeneralicentralinsurance.com

Future Generali India Insurance Company provides insurance products, adhering to regulatory guidelines and offering detailed information on policies for customer satisfaction and transparency

Insurance 馃嚠馃嚦 Mumbai 5,011 n/a
21
Edelweiss Life Insuranceedelweisslife.in

A customer-centric insurance company in India, offering need-based solutions for diverse financial needs through a joint venture partnership

Insurance 馃嚠馃嚦 Mumbai 4,092 n/a
22
Generali Central Life Insurancegeneralicentrallife.com

A leading joint venture in India offering simplified insurance solutions for individuals and enterprises, earning recognition for innovative products and customer engagement

Insurance 馃嚠馃嚦 Mumbai 3,412 2006
23
ICICI Lombard General Insurance Company Limitedonlinecareer360.com

An insurance company headquartered in Mumbai, India, offering a range of general insurance products and services

Insurance 馃嚠馃嚦 Mumbai 3,023 n/a
24
Bandhan Lifebandhanlife.com

We simplify life insurance to make it easy, simple, and straightforward, empowering ambitions and securing dreams with innovation and commitment

Insurance 馃嚠馃嚦 Mumbai 2,227 2007
25
ManipalCigna Health Insurance Company Ltd.manipalcigna.com

A health insurance company providing comprehensive plans for individuals and groups, focused on health, wellness, and global care solutions

Insurance 馃嚠馃嚦 Mumbai 2,206 2012
26
Universal Sompo General Insurance Co. Ltd.universalsompo.com

An insurance company with strong financials, extensive product offerings, nationwide presence, digital distribution network, high claims settlement ratio, and robust technology infrastructure

Insurance 馃嚠馃嚦 Mumbai 2,160 2007
27
Magma General Insurance Limitedmagmainsurance.com

A diversified insurance company offering a wide range of products to secure against major risks in the general insurance sector

Insurance 馃嚠馃嚦 Mumbai 1,962 2012
28
Zurich Kotak General Insurancezurichkotak.com

A subsidiary of a leading bank, this company provides diverse non-life insurance products for consumers in a digital and emerging India

Insurance 馃嚠馃嚦 Mumbai 1,870 2015
29
Liberty General Insurancelibertyinsurance.in

A joint venture offering comprehensive insurance solutions for retail, commercial, and industrial sectors in India, with a wide network of hospitals and auto service centers

Insurance 馃嚠馃嚦 Mumbai 1,741 2012
30
Ageas Federal Life Insuranceageasfederal.com

A joint-venture between a European insurance giant and India's leading bank, offering life insurance services through Ageas Federal Life Insurance

Insurance 馃嚠馃嚦 Mumbai 1,685 2007
31
IDBI Federal Life Insuranceageasfederal.com

A joint-venture offering life insurance services with a strong network of branches across India, touching the lives of hundreds of thousands of customers

Insurance 馃嚠馃嚦 Mumbai 1,621 2008
32
Paramount Health Services & Insurance TPA Pvt. Ltd.paramounttpa.com

Third Party Administrator specializing in health insurance, offering added value through network of providers, claims management, client servicing, and expert opinions

Insurance 馃嚠馃嚦 Mumbai 1,615 n/a
33
Prudent Insurance Brokers Pvt Ltd.prudentbrokers.com

A regulated insurance broker providing insurance, reinsurance broking, risk management, and claims consultancy services to SMEs, corporations, and public sector entities globally

Insurance 馃嚠馃嚦 Mumbai 1,559 2005
34
Bharti AXA General Insuranceicicilombard.com

A joint venture offering general insurance services with a focus on customer service, employee development, industry recognition, and adherence to compliance standards

Insurance 馃嚠馃嚦 Mumbai 1,403 2008
35
Marsh McLennan Global Services India Private Limited (MMGS)mmc.com

A leading professional services firm specializing in risk, strategy, and people, offering career opportunities in India through their global website

Insurance 馃嚠馃嚦 Mumbai 1,402 n/a
36
Mahindra Insurance Brokers Limitedmahindrainsurancebrokers.com

Leading insurance broker in India offering customised life and non-life insurance solutions, with a focus on quality, compliance, and customer satisfaction

Insurance 馃嚠馃嚦 Mumbai 936 2004
37
Edme Insurance Brokersadityabirlacapital.com

A leading composite insurance broker in India, offering integrated broking and advisory services to companies and individuals with a focus on simplifying insurance

Insurance 馃嚠馃嚦 Mumbai 635 2003
38
PolicyBosspolicyboss.com

An Indian insurtech company focused on revolutionizing the insurance experience for customers through technology, consultative approach, and transparent interactions

Insurance 馃嚠馃嚦 Mumbai 621 2002
39
Alliance Insurance Brokers Pvt Ltdallianceinsurance.in

A sector-specific insurance company, Alliance focuses on mitigating risks for clients in diverse industries such as sports, manufacturing, media, aviation, and infrastructure

Insurance 馃嚠馃嚦 Mumbai 621 2003
40
General Insurance Corporation of India (GIC Re)gicre.in

A leading Indian reinsurer with over 30 years of experience providing reinsurance solutions globally, including obligatory cessions, surplus treaties, and facultative acceptances

Insurance 馃嚠馃嚦 Mumbai 611 n/a
41
Tata Motors Insurance Broking and Advisory Services Ltd.tatamotorsinsurancebrokers.com

A subsidiary of a global automobile manufacturer, specializing in insurance broking and consultancy services with a focus on innovative products and end-to-end claim assistance

Insurance 馃嚠馃嚦 Mumbai 553 2008
42
Probus Insurance Broker Private Limitedprobusinsurance.com

A leading InsurTech platform in India offering a variety of insurance plans for vehicles, health, life, travel, property, and more with PAN India presence

Insurance 馃嚠馃嚦 Mumbai 533 2002
43
OneInsureoneinsure.com

An online insurance broker offering a wide range of life and general insurance products, with a focus on customer service and claims assistance

Insurance 馃嚠馃嚦 Mumbai 527 2008
44
Coverfox Insurancecoverfox.com

An Insurtech platform in India offering easy online insurance comparison and purchase, with a wide range of products and personalized customer support

Insurance 馃嚠馃嚦 Mumbai 498 2013
45
Zuno General Insurancehizuno.com

An innovative insurance provider putting customers first, emphasizing simplicity, technology, and employee growth in a supportive and forward-thinking workplace culture

Insurance 馃嚠馃嚦 Mumbai 495 2017
46
SBI General Insurance Company Limited-Health Agency verticalsbigeneral.in

An insurance provider specializing in health policies, part of a larger group offering various insurance products and services

Insurance 馃嚠馃嚦 Mumbai 492 n/a
47
Anand Rathi Insurance Brokers Ltdanandrathiinsurance.com

A leading insurance brokerage firm offering risk management, employee benefits advice, and services nationwide, with a focus on client advocacy and service excellence

Insurance 馃嚠馃嚦 Mumbai 452 n/a
48
HealthIndia Insurance TPA Services Pvt. Ltd.healthindiatpa.com

Provider of top-quality third party administrative services for insurance companies, offering cashless hospitalization, medical expense reimbursement, and pre-insurance medical check-up services, ensuring prompt and quality healthcare services

Insurance 馃嚠馃嚦 Mumbai 438 2002
49
J.B.BODA Groupjbbodagroup.com

A pioneering group offering reinsurance broking services globally, with a legacy of professionalism, integrity, and customer-centered business management Serving various locations

Insurance 馃嚠馃嚦 Mumbai 411 1943
50
ECGC Limitedecgc.in

An insurance provider established by the Government of India in 1957 to offer protection and support for businesses in various sectors

Insurance 馃嚠馃嚦 Mumbai 375 1957
51
Aon Risk Insurance Brokers India Pvt Ltd. (formerly GIB, an Aon company)aon.com

Global Insurance Brokers provides comprehensive insurance and reinsurance solutions, risk management, and claim consulting services with a focus on large corporate clients and communities

Insurance 馃嚠馃嚦 Mumbai 353 1973
52
Adminunilight.in

Insurance brokerage company based in Mumbai, India, specializing in reinsurance services Located at 1st Floor, CAMA 23, N Master Road, Fort

Insurance 馃嚠馃嚦 Mumbai 351 n/a
53
K M Dastur Insurance and Reinsurance Brokers Private Limitedkmdastur.com

A multi-class, multi-national re/insurance broker with offices around the world, providing professional services and innovative solutions to clients globally

Insurance 馃嚠馃嚦 Mumbai 329 1973
54
Pnb Metlife Insurance

A leading life insurance company in India offering a wide range of protection and retirement products through strong bank partnerships and financial advisors

Insurance 馃嚠馃嚦 Mumbai 295 2001
55
PINC Insurancepincinsurance.com

An insurance company offering expert recommendations and assistance with Corporate, Retail, and Reinsurance services, covering the entire insurance lifecycle #GetPincInsured

Insurance 馃嚠馃嚦 Mumbai 222 2002
56
Techsurance Private Limitedtechsurance.in

Techsurance provides organizational services for business operations, focusing on risk management, audits, and quality checks in the life and health insurance industry

Insurance 馃嚠馃嚦 Mumbai 171 2021
57
UIB Insurance Brokers (India) Private Limiteduibindia.com

Accredited insurance broker in India providing professional services in insurance, reinsurance, risk management, and claims for clients worldwide

Insurance 馃嚠馃嚦 Mumbai 163 2009
58
Policy-Bosspolicyboss.com

An online insurance source offering a wide range of insurance products, excellent customer service, and a focus on innovation and transparency

Insurance 馃嚠馃嚦 Mumbai 161 n/a
59
L&T General Insurance Company Limitedltinsurance.com

A subsidiary of a reputable company, L&T Insurance provides general and health insurance with integrity, transparency, professionalism, and a strong customer focus

Insurance 馃嚠馃嚦 Mumbai 161 2010

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How this list is built

Every company on this list has a Tamtam company profile. The industry is the one the company gives on LinkedIn; categories such as SaaS or fintech are classified by Tamtam's AI from the company's website and LinkedIn page; and the headquarters city must match the company's own address. Companies are ranked by the number of employees on LinkedIn, and the list is refreshed every night. Classifications can be wrong, so treat the list as a starting point rather than an official ranking. Last updated Oct 9, 2026.

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