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L&T General Insurance Company

Full company profile

uuid000en1i

Namestring
L&T General Insurance Company
Websiteurl
ltinsurance.com
Company typeenum
Private
Founded yearint
2010
Short descriptiontext

L&T General Insurance Company is a private Indian general insurance carrier founded in 2010 and headquartered in Mumbai. It serves the Indian market through its digital insurance platform, Adelevate, and operates with a mid-sized workforce of 1001-5000 employees.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersMumbai, India
HQ citystring
Mumbai
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Keyword5 values
general insurance products, motor insurance policies, health insurance coverage, property insurance services, commercial insurance solutions
NAICS code2 codes
  • Direct Insurance (except Life, Health, and Medical) Carriers52412
  • Direct Health and Medical Insurance Carriers524114
SIC code1 code
  • Accident & Health Insurance6321
Product category
General Insurance
Social media profiles2 records
Cost components5 values
Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Core offering1 text field

L&T General Insurance Company is an India-based general insurance provider offering insurance products and services to customers. The company delivers its offerings through a digital platform (ltinsurance.com) under the brand name Adelevate. It serves the Indian market from its base in Mumbai.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Adelevate
CategoryGeneral Insurance
Description

Adelevate is a product or service offered by L&T General Insurance Company through its digital platform at ltinsurance.com. Limited details are available in the source data.

No data
Peers10 records
TypeDirect peer
Description

Top-five private Indian general insurer with a diversified retail and commercial book. Comparable multi-line general insurance model and similar distribution through bancassurance and agency channels.

TypeDirect peer
Description

Largest private-sector general insurer in India offering motor, health, property and commercial lines. Closely comparable private general-insurance carrier competing for the same corporate and retail customer base.

TypeDirect peer
Description

Newer, technology-led Indian general insurer focused on direct digital distribution and simplified product design. Comparable as a digital-first general insurance competitor targeting similar retail customers.

TypeDirect peer
Description

General insurer jointly backed by the Tata Group and AIG, offering motor, health, liability and specialty lines. Highly comparable as another large-conglomerate-backed Indian private general insurer.

TypeDirect peer
Description

Major private Indian general insurer with bancassurance distribution via HDFC Bank. Directly comparable product portfolio (motor, health, property, liability) and a similar mid-to-large private-carrier profile.

TypeDirect peer
Description

Private Indian general insurer under the Reliance Group, offering motor, health and commercial lines. Directly comparable as a conglomerate-backed, multi-line private general insurer.

TypeDirect peer
Description

Largest public-sector general insurer in India with a national multi-line book. Comparable as a full-spectrum Indian general insurer, though state-owned and structurally different in capital access.

TypeDirect peer
Description

Bank-affiliated private general insurer leveraging SBI's branch network. Comparable distribution-led general insurance model with strong retail and SME reach across India.

TypeDirect peer
Description

Indian general insurance joint venture between the Future Group and Generali. Comparable as a mid-sized, multi-line private general insurer with similar product breadth and distribution mix.

TypeDirect peer
Description

Private Indian general insurer with a strong South India franchise in motor and commercial lines. Comparable mid-sized private general insurer competing on similar product categories.

Market position
Customer concentration

Classification, Details

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

L&T General Insurance Company

General Insuranceltinsurance.com

L&T General Insurance Company is a private Indian general insurance carrier founded in 2010 and headquartered in Mumbai. It serves the Indian market through its digital insurance platform, Adelevate, and operates with a mid-sized workforce of 1001-5000 employees.

L&T General Insurance Company firmographics

Firmographics
Name
L&T General Insurance Company
Website
https://ltinsurance.com
Company type
Private
Founded year
2010
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
L&T General Insurance Company is a private Indian general insurance carrier founded in 2010 and headquartered in Mumbai. It serves the Indian market through its digital insurance platform, Adelevate, and operates with a mid-sized workforce of 1001-5000 employees.
Ownership category
akta.pro rank

Where L&T General Insurance Company is headquartered

Location

Headquarters

HQ city
Mumbai
HQ country
India
HQ region
Asia

Markets served

L&T General Insurance Company business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

L&T General Insurance Company product offering

Product offering

Core offering

L&T General Insurance Company is an India-based general insurance provider offering insurance products and services to customers. The company delivers its offerings through a digital platform (ltinsurance.com) under the brand name Adelevate. It serves the Indian market from its base in Mumbai.

Differentiator

Problem solved

Functional benefit

Products and services

  • Adelevate Adelevate is a product or service offered by L&T General Insurance Company through its digital platform at ltinsurance.com. Limited details are available in the source data.

Companies that use L&T General Insurance Company

Customer profile

Ideal customer profiles2 records

L&T General Insurance Company technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

L&T General Insurance Company competitors and assessment

Company assessment

Direct peers

  • Bajaj Allianz General Insurance: Top-five private Indian general insurer with a diversified retail and commercial book. Comparable multi-line general insurance model and similar distribution through bancassurance and agency channels.
  • ICICI Lombard General Insurance: Largest private-sector general insurer in India offering motor, health, property and commercial lines. Closely comparable private general-insurance carrier competing for the same corporate and retail customer base.
  • Go Digit General Insurance: Newer, technology-led Indian general insurer focused on direct digital distribution and simplified product design. Comparable as a digital-first general insurance competitor targeting similar retail customers.
  • Tata AIG General Insurance: General insurer jointly backed by the Tata Group and AIG, offering motor, health, liability and specialty lines. Highly comparable as another large-conglomerate-backed Indian private general insurer.
  • HDFC ERGO General Insurance: Major private Indian general insurer with bancassurance distribution via HDFC Bank. Directly comparable product portfolio (motor, health, property, liability) and a similar mid-to-large private-carrier profile.
  • Reliance General Insurance: Private Indian general insurer under the Reliance Group, offering motor, health and commercial lines. Directly comparable as a conglomerate-backed, multi-line private general insurer.
  • New India Assurance Company: Largest public-sector general insurer in India with a national multi-line book. Comparable as a full-spectrum Indian general insurer, though state-owned and structurally different in capital access.
  • SBI General Insurance: Bank-affiliated private general insurer leveraging SBI's branch network. Comparable distribution-led general insurance model with strong retail and SME reach across India.
  • Future Generali India Insurance: Indian general insurance joint venture between the Future Group and Generali. Comparable as a mid-sized, multi-line private general insurer with similar product breadth and distribution mix.
  • Cholamandalam MS General Insurance: Private Indian general insurer with a strong South India franchise in motor and commercial lines. Comparable mid-sized private general insurer competing on similar product categories.

Market position

Customer concentration

L&T General Insurance Company social profiles

Digital presence

L&T General Insurance Company financial estimates

Financial estimate

Revenue estimate

Valuation estimate

L&T General Insurance Company leadership team

Management profile

Number of profiles

L&T General Insurance Company funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

L&T General Insurance Company M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about L&T General Insurance Company

What does L&T General Insurance Company do?

L&T General Insurance Company is an India-based general insurance provider offering insurance products and services to customers. The company delivers its offerings through a digital platform (ltinsurance.com) under the brand name Adelevate. It serves the Indian market from its base in Mumbai.

Is L&T General Insurance Company a public or private company?

L&T General Insurance Company is a private company. It is classified as corporate owned and is currently operating.

When was L&T General Insurance Company founded?

L&T General Insurance Company was founded in 2010. It employs 1,001 to 5,000 people.

Where is L&T General Insurance Company based?

L&T General Insurance Company is headquartered in Mumbai, India, in the Asia region.

Who are L&T General Insurance Company's main competitors?

Direct peers on record are Bajaj Allianz General Insurance, ICICI Lombard General Insurance, Go Digit General Insurance, Tata AIG General Insurance, HDFC ERGO General Insurance, Reliance General Insurance, New India Assurance Company, SBI General Insurance, Future Generali India Insurance and Cholamandalam MS General Insurance.

Does L&T General Insurance Company have an API?

No public API is recorded for L&T General Insurance Company.

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