Four public sector general incurrence companies like New India Assurance, United India Insurance, National Insurance and Oriental Insurance have begun recruiting to appoint 1,500 officials and 5,000 clerks during the current financial year. "We need a huge number of people to keep pace with business growth. Also, we want to spread our network to remote areas says chairperson of general insurance. General Insurance Public Sector Association is formed with four public sector insurance companies in India and they have total business of Rs 42,000 crore in 2013-14 and it is expected to grow by 1 lakh crore by the year end of 2020.
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