Tender For Rfp For Soc Renewal : Security & Network Tools NICL transacts general insurance business of Health, Motor, Fire, Marine and Miscellaneous insurance. Befittingly, the product ranges of more than 200 products offered by NICL cater to the diverse insurance requirements of its 17 million policyholders. Innovative and customized policies ensure that even specialized insurance requirements are fully taken care of. Serving approximately two crore policy holders in a year with a product portfolio of about 200+ products targeting commercial, retail, rural and micro insurance market segments, the company handles direct non-life insurance, both in the retail and corporate segments, re-insurance and investment of funds. NICLs distribution network consists of over 65,000 different intermediaries comprising direct sales, individual and corporate Agents, Micro Agents, Brokers, Bancassurance, Motor Insurance Service Providers (MISPs) etc. NICL also partners with Garages, Third Party Administrators and Digital Service Providers for servicing Claims generated from customers for servicing Claims generated from customers. Their annual new and renewal policy transaction volume is about 2 crore and processed claims transaction volume is about 50 lakhs. The Company has undertaken
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