Company Directory / Insurance
PrivateFor profitInsuranceMumbai, Maharashtra, India
SBI General Insurance
SBI General Insurance offers a wide range of general insurance products in retail and commercial space.
- Founded
- 2010 16 years ago
- Staff
- - 7,289 on LinkedIn
- Followers
- 159k on LinkedIn
- Funding
- $432M as listed, USD
Since our establishment in 2009, SBI General Insurance has experienced remarkable growth. Expanding from 17 branches in 2011 to over 139 branches across India, we have proudly served over 10 crore customers to date. Our extensive multi-distribution model includes Bancassurance, Agency, Broking, Retail Direct Channels, and Digital partnerships. With a vast network of over 22,000 SBI branches, agents, financial alliances, OEMs, and multiple digital partners, we are able to reach even the most remote areas of… Read all
Since our establishment in 2009, SBI General Insurance has experienced remarkable growth. Expanding from 17 branches in 2011 to over 139 branches across India, we have proudly served over 10 crore customers to date. Our extensive multi-distribution model includes Bancassurance, Agency, Broking, Retail Direct Channels, and Digital partnerships. With a vast network of over 22,000 SBI branches, agents, financial alliances, OEMs, and multiple digital partners, we are able to reach even the most remote areas of India. We offer a comprehensive range of products across various lines of business, catering to retail, corporate, SME, and rural customers. Ensuring accessibility through both digital and physical channels, we strive to meet the diverse needs of our customers.
Set against six million companies
Size
Size not listed. 7,289 people list it on LinkedIn.
Age
16 years old.
Reach
Website ranked #56,907 in the world for traffic, about 1.1M visits a month. 158,616 followers on LinkedIn.
What it does
InsuranceRetailRetail - Motor Car InsuranceHome InsuranceCommercial - Fire InsuranceMarine InsuranceIndustrial All Risk Insurance
Funding, as listed
$432M raised in total
- Rounds1
- LatestPrivate equity, Oct 2019
- Latest amountUSD 432,380,000
What the source datasets report. We have not watched these rounds ourselves.
Every detail we hold
Everything the source datasets list about SBI General Insurance, field by field. Contact details are held but never shown.
The company
- Name
- SBI General Insurance
- Type
- For profit
- Status
- Private
- Founded
- 2010
- Industry
- Insurance
- Categories
- Insurance, Retail
- Specialities
- Retail - Motor Car Insurance, Home Insurance, Commercial - Fire Insurance, Marine Insurance, Industrial All Risk Insurance
Where
- City
- Mumbai
- Region
- Maharashtra
- Country
- India
- Markets
- Asia-Pacific (APAC)
Size and reach
- People on LinkedIn
- 7,289
- LinkedIn followers
- 158,616
- Web traffic rank
- #56,907
- Monthly web visits
- 1,052,272
- Apps
- 8
- App downloads
- 1,092
Funding, as listed
- Total
- $432,380,000 USD
- Rounds
- 1
- Latest round
- Private equity
- Latest round date
- Oct 2019
- Latest amount
- 432,380,000 USD
About this record
- Sources
- Crunchbase, LinkedIn
- Last imported
- Sept 2026
Growth, as the source summarises it
SBI General Insurance reported a 30% increase in profit, reaching Rs 240 crore in FY24.
Investors, as the source summarises it
SBI General Insurance's investment strategy appears to focus on mature companies within India, specifically in the state of Maharashtra and the city of Mumbai, indicating a preference for local investments. The firm has shown interest in the Energy sector as well as Science and Engineering, with a particular inclination towards Marine Technology. The investments span across different industries, suggesting a diversified approach rather than concentration in a single sector. The company does not typically take a lead role in its investments, preferring instead to participate alongside other investors. This strategy may reflect a risk-averse approach, seeking to share the investment burden with other entities. Companies that might attract SBI General Insurance for future investments are likely to be established firms within India, offering innovative solutions in the Energy or Science and Engineering sectors. These companies should have a strong presence in Maharashtra, preferably in Mumbai, and demonstrate potential for growth and stability in the retail or commercial space.
Summaries written by the source dataset, not by us, and not checked.
Companies like it
Insurance in India.
Niva BupaNew Delhi · 5001-10000 people · 78k followersMMahindra Insurance BrokersMumbai · 1001-5000 people · 44k followersRReliance General InsuranceMumbai · 1001-5000 people · 111k followersSSBI LifeMumbai · 10001+ people · 224k followersFrom the company datasets we hold (Crunchbase, LinkedIn and Apollo listings), as listed there; 139,726 companies in India and 5,926,251 in all. We hold no contact details for public display. Correct this, or ask for it to be removed.