Insights

Diverse Product Portfolio Magma General Insurance offers over 70 insurance products across retail and commercial segments, presenting numerous cross-selling and upselling opportunities tailored to varying customer needs in motor, health, property, and liability insurance.

Strategic Partnerships Recent collaborations with major NBFCs like IndoStar Capital Finance and Mahindra Finance USA LLC suggest a growing distribution network, which can be leveraged to expand market reach and identify new customer segments needing customized insurance solutions.

Digital Engagement The company's technology stack and recent product launches like OneProtect and new add-ons for cars indicate an emphasis on innovative, digital-first insurance offerings, creating opportunities to target tech-savvy consumers and proactive businesses seeking modern coverage options.

Market Expansion With a revenue range of 500 million to 1 billion dollars and multiple recent campaigns such as insurance awareness drives and product launches, there is potential to expand customer onboarding, especially among underinsured segments and active lifestyle consumers.

Growth through Innovation The introduction of programs like the Spotlight Programme and new insurance products suggests a focus on employee engagement and product innovation, which can be attractive points for corporate clients seeking reliable and forward-thinking insurance partners.

Magma HDI General Insurance Company Limited Tech Stack

Magma HDI General Insurance Company Limited uses 8 technology products and services including Open Graph, Font Awesome, React, and more. Explore Magma HDI General Insurance Company Limited's tech stack below.

  • Open Graph
    Content Management System
  • Font Awesome
    Font Scripts
  • React
    Javascript Frameworks
  • Choices
    Javascript Libraries
  • jQuery
    Javascript Libraries
  • jQuery UI
    Javascript Libraries
  • FancyBox
    Javascript Libraries
  • Bootstrap
    UI Frameworks

Media & News

Magma HDI General Insurance Company Limited's Email Address Formats

Magma HDI General Insurance Company Limited uses at least 2 format(s):
Magma HDI General Insurance Company Limited Email FormatsExamplePercentage
First.Last@magma-hdi.co.inJohn.Doe@magma-hdi.co.in
98%
Last.F@magma-hdi.co.inDoe.J@magma-hdi.co.in
1%
FLast@magma-hdi.co.inJDoe@magma-hdi.co.in
1%

Frequently Asked Questions

What is Magma HDI General Insurance Company Limited's official website and social media links?

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Magma HDI General Insurance Company Limited's official website is magmainsurance.com and has social profiles on LinkedIn.

What is Magma HDI General Insurance Company Limited's NAICS code?

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Magma HDI General Insurance Company Limited's NAICS code is 524 - Insurance Carriers and Related Activities.

How many employees does Magma HDI General Insurance Company Limited have currently?

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As of December 2025, Magma HDI General Insurance Company Limited has approximately 1.9K employees across 4 continents, including AsiaNorth AmericaEurope. Key team members include Chief Technology Officer: A. T.Chief Investment Officer: J. S.Chief Information Security Officer: M. M.. Explore Magma HDI General Insurance Company Limited's employee directory with LeadIQ.

What industry does Magma HDI General Insurance Company Limited belong to?

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Magma HDI General Insurance Company Limited operates in the Insurance industry.

What technology does Magma HDI General Insurance Company Limited use?

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Magma HDI General Insurance Company Limited's tech stack includes Open GraphFont AwesomeReactChoicesjQueryjQuery UIFancyBoxBootstrap.

What is Magma HDI General Insurance Company Limited's email format?

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Magma HDI General Insurance Company Limited's email format typically follows the pattern of First.Last@magma-hdi.co.in. Find more Magma HDI General Insurance Company Limited email formats with LeadIQ.

When was Magma HDI General Insurance Company Limited founded?

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Magma HDI General Insurance Company Limited was founded in 2012.

Magma HDI General Insurance Company Limited

InsuranceMaharashtra, India1001-5000 Employees

Sanoti Properties LLP, an entity jointly held by Adar Poonawalla (90%) and Rising Sun Holdings Pvt. Ltd. (10%), holds 72.449%* in the Company. With over 70 products across various categories, we have solutions to secure all major risks in the general insurance sphere. From retail products like Motor (Car, Two-wheeler, Commercial Vehicles, Tractors), Health, Personal Accident, and Home to commercial products like Fire, Engineering, Liability, Marine, our wide array of covers coupled with high-quality and agile service delivery have been the pillars of our foundation. 
(As on March 31, 2025)





Magma General Insurance Limited (erstwhile Magma HDI General
Insurance Company Limited) | www.magmainsurance.com | E-mail: customercare@magmainsurance.com | Toll Free: 1800 266 3202 | CIN: U66000WB2009PLC136327 | IRDAI Reg. No. 149 | Displayed trade logo belongs to Magma Ventures Private Limited and is used by Magma
General Insurance Limited under license.

Section iconCompany Overview

NAICS Code
524 - Insurance Carriers and Related Activities
Founded
2012
Employees
1001-5000

Section iconFunding & Financials

  • $500M$1B

    Magma HDI General Insurance Company Limited's revenue is estimated to be in the range of $500M$1B

Section iconFunding & Financials

  • $500M$1B

    Magma HDI General Insurance Company Limited's revenue is estimated to be in the range of $500M$1B

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