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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.
Since 1975, MTech has been an integral part of the sewer, street, and safety industries. We have built our reputation on excellent service and outstanding products. Our customers are our number one priority, and our staff of experienced sales and service experts are reachable 24/7 for your convenience. From sales, to service; from training, to parts – we are constantly striving to be the complete solution to all of your sewer, street, and safety needs. The Cues sewer inspection systems, GapVax combination cleaning trucks, and Global and Johnston street sweepers are the heart and soul of our product lineup. We are also very proud to represent the Maintainer service truck bodies and cranes and the Holder municipal tractors, as well as the Pipehunter and DynaVac sewer product lines. In addition, we offer a wide variety of gas detection, fall protection, confined space, utility locating, and general sewer equipment to help fit your specific needs. We have partnered with some of the most reputable brands in the sewer industry such as Ridgid, Stoneage, Advanced Workhorse, and Southland Tool. The same can be said for our safety equipment manufacturers; which include the likes of RKI, French Creek, DBI, and Pelsue. Our ever expanding product line has allowed us to continue to grow as a company to better support our customers.