Agriculture Insurance Company of India Limited (AIC) is an Indian public sector undertaking headquartered in New Delhi.

It is a government-owned agricultural insurer under ownership of the Ministry of Finance, Government of India.

AIC was incorporated on 20 December 2002 with an authorized capital of Rs.

[6] AIC was designated by the Government of India as the sole “Implementing Agency” for its flagship Crop Insurance Program, “National Agricultural Insurance Scheme” (NAIS).

has launched a new Crop Insurance Scheme – Pradhan Mantri Fasal Bima Yojna (PMFBY).