AGRICULTURE INSURANCE COMPANY OF INDIA LIMITED
InsuranceDelhi, India501-1000 Employees
Agriculture Insurance Company of India Limited operates in the Indian insurance sector and is headquartered in Kidwai Nagar East, Delhi 110023; its workforce ranges between 501 and 1000 employees. The company was incorporated on 20 December 2002 following a government proposal to create a dedicated crop insurance entity, and it commenced operations on 1 April 2003. It is promoted as a specialty crop insurance provider by six public sector entities: General Insurance Corporation of India (35%), NABARD (30%), National Insurance Co. Ltd. (8.75%), The New India Assurance Co. Ltd. (8.75%), Oriental Insurance Co. Ltd. (8.75%), and United India Insurance Co. Ltd. (8.75%). AIC covers around 25 million farmers under various crop insurance schemes and products, with more than 86% belonging to the small and marginal category (landholding of 2 hectares or less), and is described as one of the largest crop insurance companies in the world. Notable recent activities include the January 2026 launch of the Krishi Sakhi Initiative to support women farmers, and the company maintains a website at aicofindia.com.