NICL Administrative Officers Exam Answer Key Release 2013
NICL Administrative Officers Exam Answer Key
The National Insurance Company Limited has held in the Administrative Officers (AO)
Exam so many candidates have appeared for this exam NICL Administrative Officers was held before couple of days so ajj the candidaters are waiting for the NICL AO answer key .finally the answe keys are released after a few days of the exam dates www.nationalinsuranceindia.com
Abouts NICL
National Insurance Company (NIC) was incorporated on 6th December 1906 at the height of the country’s nationalist Swadeshi movement as an expression of the Indian aspiration to establish a strong indigenous Company even in the midst of foreign rule. Today, 107 years after its incorporation, NIC stands tall as the Oldest insurance company in India and the only PSU non life insurance Company headquartered in the Eastern part of the country.
NIC has a Strength of more than 15,000 skilled Human assets and 1477 offices including 500 Business Centers pan India. These Business Centres have been successful in reaching general insurance to hitherto unrepresented areas and segments across the country and stands as a model platform for penetration of the Insurance market. The Company also has operations in Nepal.
As the Market Leader in two zones (North & East India) NIC has been recognized as “BEST IN SERVICE” in the MOTOR and HEALTH classes of Business which constitute 63% of the Indian Non Life Insurance Market.Ahead of its time, NIC was the First mover in customising general insurance Products. The Industrial All Risks Policy, Office Package Policy and the Farmers Package Policy are some of its innovations. NIC’s Health Policy for Senior Citizens (Varistha Mediclaim) launched by the Hon’ble President of India, His Excellency, Dr. A P J Abdul Kalam, and its Policy for students, Amartya Siksha Yojana Policy launched by the Nobel Laureate himself, have also found favour with the Target Groups.
NIC also pioneered:
Extensive Strategic Alliance with India’s largest automobile majors Maruti, Tata Motors (Commercial, Passenger ), Nissan, HONDA and the two wheeler giant HERO HONDA,.Bancassurance partnerships with the Country’s leading Banks.
On the other side of the spectrum, NIC’s Techno Marketing (Project) Cells are well equipped to serve the sophisticated insurance requirements of mega industrial projects. With an experienced & Competent Technical team manning these cells, NIC underwrites large industrial risks such as Power Sector, Airports, Integrated Steel Plants, Petrochemical Plants, Ports, Fertilizer Plants etc both in India as well as globally.
Well positioned in the international reinsurance market National’s treaties are placed with reputed reinsurers having highly rated securities Its foreign inward portfolio is sizable and it retains more than 86% of the GDP.
INCLUSIVE GROWTH
Fulfilling its prime Mission of making general insurance services accessible to the citizens of India, National Insurance (NIC) NIC continues to play a catalyst’s role in reaching general insurance services to the underserved and unpenetrated areas of the country skillfully leveraging Technology enabled mechanisms to serve this purpose,
TAKING A LEAD ROLE IN GOVERNMENT OF INDIA PROGRAMMES:
NIC services millions under the Social Sector schemes such as the Universal Health Insurance, Rashtriya Swasthya Bima Yojana, Rajeev Gandhi Jeevandayee Yojana etc. Under Micro Insurance NIC has ensured Last mile coverage by making insurance services available in Tier 1V, V and VI cities. In the rural sector as well as In the lowest penetrated areas (15 states and Union territories based on IRDA data for 2010-11) in the Northern and Eastern regions in India, National Insurance has expanded its footprint by opening new offices and introducing need based products.
OFFICE ON WHEELS
The First- of- its- Kind “Office on Wheels” has been introduced in 4 cities of Kolkata, Chandigarh, Mumbai and Bangalore These mobile vans, customized as Offices, are equipped to issue policies online. 24 more OOWs are planned this fiscal to reach general insurance services almost to the doorstep.
All these Financial Inclusion initiatives are supported by robust Technology-driven infrastructure which enables Prompt Service, Hassle Free processes and Fair settlements.
In addition to the above initiatives, NIC has also harnessed the digital medium for Customer convenience and Efficient Service Delivery
Payment of premium Online www.niconline.in : using Credit/ Debit cards or swipe machines in select offices and for select products Private Car, Two Wheeler, Personal Accident, Individual Mediclaim, Parivar and Overseas Mediclaim
· 24x7 live chat for Product and service related information for Customers
· Facility of payment of premium through NEFT / RTGS.
· Swipe card facility in all offices in DelhiNet banking transaction introduced
· Toll free no 1800 120 1430 is now activated for voice related support of Products launched on Customer Portal
· Mobile based renewal facility for personal line insurances
· SAMMAN Services has been introduced for Senior Citizens
OTHER AWARDS AND RECOGNITION:
These giant steps taken by National Insurance in making general insurance Products affordable India’s uninsured citizenry and Services accessible in uncharted geographies, have been recognised by opinion making bodies and Illustrious organizations.
For his efforts in “steering NIC’s MOBILE PLUS SOLUTION which leverages Technology and innovation to reach out to customers and serve them better” NIC CMD Shri N S R Chandraprasad was conferred the prestigious SKOCH PERSON OF THE YEAR AWARD by Shri C Rangarajan, Chairman EAC to the Prime Minister
CERTIFICATEs OF MERIT for MOBILE INSURANCE and MOBLIE PLUS SERVICES were also awarded..
National Insurance has been earlier conferred the
Most Preferred Non Life Insurer Award by CNBC Awaaz for 2007 and 2009
JD Power Asia Pacific INDIA CUSTOMER SATISFACTION Award 2010
Indian Insurance Awards : Outstanding Social Contributor of the Year Award 2012 for “making non-life insurance affordable and accessible for the under-served or un-served markets in the country and for commitment towards social inclusion”.
Indian Insurance Awards : Under-served Market Penetration Award 2012 for demonstrating continued focus in reaching insurance in the lowest penetrated areas
SKOCH DIGITAL Inclusion Award FOR its efforts in servicing the under penetrated and underserved citizenry
EMPLOYMENT OPPORTUNITY :
NIC offers best in service job prospects at all levels to the youth of the Nation. Enlistments in our 40,000 plus strong licensed Insurance Agent force is one. More than 300 officers in Scale I cadre have been recruited recently. NIC is also recruiting 2600 employees in the Assistant cadre in the next few months which would add to the HR Strength of the company. In conformity to our objectives of Social insurance inclusion, this skilled manpower will enable better servicing of our Customers in all segments .
Ratings
CRISIL (A Standard and Poor’s Company) has rated the company with AAA meaning Stable for its financial strength.
In Conclusion ……..
The journey forward continues under the dynamic leadership of Shri N S R Chandraprasad CMD as NIC takes new strides in the Global general insurance market , expanding its boundaries and exploring new Frontiers. By taking a leading role in an Insurance led Financial inclusion drive, National Insurance Company endeavours to fulfil its Vision Statement: “to be the most preferred choice of customers for general insurance by building relationships and by growing profitably”
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