New India Assurance celebrates 50th Foundation Day in Oman

Business Thursday 29/February/2024 10:05 AM
By: Times News Service
New India Assurance celebrates 50th Foundation Day in Oman

Muscat: New India Assurance's jubilant 50th Foundation Day celebrations continued with fervor as the esteemed leadership embarked on a memorable journey across Oman, embracing moments of reflection, camaraderie, and spiritual reverence.


Spread over 25 countries across the world from Japan, Fiji, New Zealand, GCC to the United Kingdom, New India Assurance's premium amounted to US$4.8 billion in 2023, said Neerja Kapur, CMD. She said that as the company has footprints across the globe, it can be said that the Sun never sets in New India Assurance offices.

The day commenced with a soulful visit to the Ancient Shiv Temple at Old Muscat, where Ms. Neerja Kapur, CMD, alongside GMs and COO, offered heartfelt prayers, symbolizing the company's deep-rooted values and spiritual ethos. This sacred moment underscored New India Assurance's unwavering commitment to harmony and reverence for ancient traditions.

Following this spiritual interlude, the delegation proceeded to the Krishna Temple in Muscat, where prayers were offered, fostering a sense of unity and inclusivity within the diverse tapestry of Oman's cultural landscape.

The journey of celebration and camaraderie continued with a visit to the Capital Market Authority (CMA), where the delegation had the honor of meeting Mr. Ahmed Bin Salim Al Harrasi, further strengthening the bonds of collaboration and mutual respect between regulatory authorities and New India Assurance.

The day unfolded with a visit to the Indian Embassy, epitomizing the enduring ties between India and Oman. The exchange of warm greetings and discussions underscored the shared vision of fostering prosperity and goodwill between the two nations.

A luncheon of camaraderie ensued, bringing together the HORs of New India Assurance from the Gulf region, alongside esteemed agency chairman Mr. Majid Abdul Rahim Jaffer and Directors of the Dubai Agency, Mr. Saleem Al Rais and Mr. Saadi Al Rais. This convivial gathering provided a platform for meaningful exchanges and reaffirmed the spirit of partnership and collaboration that defines New India Assurance's journey.

The day's engagements culminated in fruitful meetings with senior officials of Oman United Insurance and Dhofar Insurance, highlighting the spirit of cooperation and mutual growth that underpins the insurance landscape in Oman.

As dusk descended, the stage was set for the grand finale at the Sheraton Hotel, where New India Assurance hosted a prestigious event inviting top insurance officials from CMA, insurance companies, brokers, major clients, and renowned personalities. Against the backdrop of celebration and reflection, the evening was a testament to New India Assurance's enduring legacy of excellence and service.

As the curtains draw on this momentous day, New India Assurance reaffirms its commitment to excellence, innovation, and partnership, emboldened by the spirit of gratitude and camaraderie that defines its journey.

Here's to fifty years of resilience, growth, and unwavering dedication to serving the community and stakeholders with integrity and compassion.