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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.
Founded in 1947 in Milan, Italy RUPES has been an producer of innovative specialty tools for over 70 years. RUPES USA is the North American arm of the Italian based tool manufacturer located in Louisville, Colorado. This location operates as the headquarters for all North American based activities including management, sales, customer support, repair, and manufacturing. In addition to the administrative and business functions of the US headquarters the Colorado location also houses a state of the art training and education facility known as the BigFoot Academy where technicians from a variety of industries can come for industry leading training in a number of disciplines centered on sanding and polishing operations. Visitors to our facility are welcome by appointment only, but we encourage you to contact our US offices via email at info@rupesusa.com to schedule a visit or on-site tour of our new home.