Almost half the individual agents have access to the company's portal facility for online transactions that touched a record high premium of ₹2,660 Crores.

The company has also tied up with automobile manufacturers, including Maruti, Volkswagen, Tata, Mahindra, Hero and Daimler, enabling it to procure a ₹539 Crores business in 2022-23.

The business sourced through LCBs in Mumbai, Chennai, Delhi, Bangalore, Hyderabad and Kolkata amounted to ₹1,261 Crores.

The 511 Micro Offices of the company spread across the country have contributed to a total gross premium of close to ₹875 Crores.

With the General Insurance Business (Nationalisation) Amendment Act 2002 (40 of 2002) coming into force on March 21, 2003, GIC ceased to be a holding company of its subsidiaries.