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CNH Industrial N.V. is a global manufacturer of agricultural and construction equipment, headquartered in Basildon, Essex, United Kingdom. The company has a rich history dating back to 1842 and was formed through the merger of Case Corporation and New Holland N.V. in 1999, later restructuring as CNH Industrial in 2013. With over 63,000 employees, CNH operates 67 manufacturing plants and 56 research and development centers across 180 countries. The company offers a wide range of products under well-known brands such as Case IH, New Holland Agriculture, and Case Construction Equipment. Their agricultural equipment includes tractors, combines, and precision farming technology, while their construction equipment features excavators, backhoe loaders, and dozers. CNH also provides financial services through CNH Industrial Capital, supporting customers with equipment financing and offering integrated engineering and aftermarket support. The company is committed to sustainable technologies, including precision agriculture and alternate fuel solutions.
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.
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