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PSC Group, founded in 1952 and based in Baton Rouge, Louisiana, is a prominent provider of embedded logistics and industrial services for critical infrastructure sectors across North America. The company, originally known as Petroleum Service Corporation, focuses on safety, efficiency, and sustainability in its operations. It is currently backed by Aurora Capital Partners and The Jordan Company. The company offers a wide range of specialized services, including logistics and product handling, industrial operations, sustainability solutions, and workforce solutions. Their logistics services encompass rail switching, truck and marine logistics, and dock operations. PSC Group also provides tankerman services, terminal operations, and industrial cleaning for hazardous environments. Additionally, they focus on waste management, recycling, and environmental compliance, along with skilled labor provisioning for various sectors. PSC Group serves major clients in petrochemical and refining, marine transportation, and sustainability-driven enterprises. The company is recognized for its strong safety record, extensive geographic reach, and commitment to employee welfare through competitive benefits and training programs.
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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.