The Odisha State Road Transport Corporation (OSRTC) has empanelled five leading insurance companies to provide coverage for road accidents. These companies include New India Assurance Co Ltd, Iffco-Tokio General Insurance, Oriental Insurance Co Ltd, United India Insurance Co Ltd, and Go Digit General Insurance. Initially, Go Digit General Insurance was the primary service provider, but New India Assurance Co Ltd and Oriental Insurance Co Ltd have since taken over claim settlements.<\/p>\n
As of the latest data, a total of Rs 6.77 crore worth of claims have been filed, with Rs 1.45 crore already settled. The state government is closely monitoring the resolution of pending claims to ensure a faster settlement process. According to officials, the government is committed to providing timely compensation to the families of accident victims.<\/p>\n
To streamline the claims process, the government has launched an Electronic Detailed Accident Report (e-DAR) portal. This online platform, developed in consultation with insurance companies, will provide instant access to road accident data, enabling faster compensation claims for the families of accident victims. The portal is expected to improve the efficiency of the claims process and reduce the burden on vehicle owners and accident victims.<\/p>\n
The Transport department has urged vehicle owners to obtain insurance for their vehicles or renew their existing policies to avoid legal and financial complications. This move is intended to benefit road accident victims and ensure that they receive timely compensation. By promoting insurance coverage, the government aims to reduce the financial burden on accident victims and their families. Overall, the initiative is expected to improve road safety and provide support to those affected by accidents in Odisha.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Odisha State Road Transport Corporation (OSRTC) has empanelled five leading insurance companies to provide coverage for road accidents. These companies include New India Assurance Co Ltd, Iffco-Tokio General Insurance, Oriental Insurance Co Ltd, United India Insurance Co Ltd, and Go Digit General Insurance. Initially, Go Digit General Insurance was the primary service provider, but […]<\/p>\n","protected":false},"author":1,"featured_media":221269,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"fifu_image_url":"","fifu_image_alt":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[20,22,27,39],"tags":[],"class_list":["post-222643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iffco-tokio","category-insurance","category-new-india-assurance","category-united-india-insurance"],"jetpack_featured_media_url":"https:\/\/smallnews.in\/insurance\/wp-content\/uploads\/sites\/5\/2025\/04\/united-india-insuracne.jpg","jetpack_shortlink":"https:\/\/wp.me\/p9ibIB-VV1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":222771,"url":"https:\/\/smallnews.in\/insurance\/2026\/02\/05\/latest-claim-settlement-ratio-of-health-and-general-insurers-released-by-irdai-in-2026-acko-aditya-birla-galaxy-lead-shriram-iffco-tokio-fall-below-90\/","url_meta":{"origin":222643,"position":0},"title":"Latest claim settlement ratio of health and general insurers released by IRDAI in 2026: Acko, Aditya Birla, Galaxy lead; Shriram, IFFCO Tokio fall below 90%","author":"Team Small News","date":"February 5, 2026","format":false,"excerpt":"When it comes to health and general insurance policies, policyholders expect prompt claim settlements from insurers in times of emergency. The real test of any insurance policy lies in how fairly and quickly claims are settled. To gauge an insurer's efficiency, checking the claim settlement ratio is a reliable way.\u2026","rel":"","context":"In "Aditya Birla"","block_context":{"text":"Aditya Birla","link":"https:\/\/smallnews.in\/insurance\/category\/aditya-birla\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/smallnews.in\/insurance\/wp-content\/uploads\/sites\/5\/2025\/04\/idgbAPyeiA_1745728715242.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/smallnews.in\/insurance\/wp-content\/uploads\/sites\/5\/2025\/04\/idgbAPyeiA_1745728715242.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/smallnews.in\/insurance\/wp-content\/uploads\/sites\/5\/2025\/04\/idgbAPyeiA_1745728715242.jpeg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/smallnews.in\/insurance\/wp-content\/uploads\/sites\/5\/2025\/04\/idgbAPyeiA_1745728715242.jpeg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":222566,"url":"https:\/\/smallnews.in\/insurance\/2026\/01\/01\/iffco-tokio-completes-glorious-25-years-congratulations-pour-in\/","url_meta":{"origin":222643,"position":1},"title":"IFFCO Tokio completes glorious 25 years; congratulations pour in","author":"Team Small News","date":"January 1, 2026","format":false,"excerpt":"IFFCO Tokio General Insurance Company Ltd. has reached a milestone of 25 years of service, marking a significant achievement in the insurance sector. The company has received congratulatory messages from the cooperative and insurance sectors, recognizing its contribution to rural India, particularly farmers and cooperatives. K J Patel, MD of\u2026","rel":"","context":"In "IFFCO Tokio"","block_context":{"text":"IFFCO Tokio","link":"https:\/\/smallnews.in\/insurance\/category\/iffco-tokio\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":222752,"url":"https:\/\/smallnews.in\/insurance\/2026\/01\/28\/centre-approves-wage-pension-revisions-for-psgics-nabard-and-rbi-2\/","url_meta":{"origin":222643,"position":2},"title":"Centre approves wage, pension revisions for PSGICs, NABARD and RBI.","author":"Team Small News","date":"January 28, 2026","format":false,"excerpt":"The Indian government has approved a long-pending wage revision for Public Sector General Insurance companies (PSGICs) and the National Bank for Agriculture and Rural Development (NABARD). The revision will benefit approximately 46,322 employees, 23,570 pensioners, and 23,260 family pensioners across these organizations. The wage revision for PSGIC employees will be\u2026","rel":"","context":"In "Insurance"","block_context":{"text":"Insurance","link":"https:\/\/smallnews.in\/insurance\/category\/insurance\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":222723,"url":"https:\/\/smallnews.in\/insurance\/2026\/01\/23\/11-6k-cr-pay-day-at-psu-insurers-rbi\/","url_meta":{"origin":222643,"position":3},"title":"11.6k cr pay day at PSU insurers, RBI","author":"Team Small News","date":"January 23, 2026","format":false,"excerpt":"The Indian government has approved a retrospective wage and pension reset for employees of public sector general insurers, the Reserve Bank of India (RBI), and the National Bank for Agriculture and Rural Development (Nabard). The total payout is estimated to be around Rs 11,640 crore. The majority of this amount,\u2026","rel":"","context":"In "Insurance"","block_context":{"text":"Insurance","link":"https:\/\/smallnews.in\/insurance\/category\/insurance\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":222726,"url":"https:\/\/smallnews.in\/insurance\/2026\/01\/24\/centre-approves-wage-pension-revisions-for-psgics-nabard-and-rbi\/","url_meta":{"origin":222643,"position":4},"title":"Centre approves wage, pension revisions for PSGICs, NABARD and RBI","author":"Team Small News","date":"January 24, 2026","format":false,"excerpt":"The Indian government has approved a long-awaited wage revision for Public Sector General Insurance companies (PSGICs) and the National Bank for Agriculture and Rural Development (NABARD). This revision will benefit approximately 46,322 employees, 23,570 pensioners, and 23,260 family pensioners across these organizations. The wage revision for PSGIC employees will be\u2026","rel":"","context":"In "Insurance"","block_context":{"text":"Insurance","link":"https:\/\/smallnews.in\/insurance\/category\/insurance\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":222473,"url":"https:\/\/smallnews.in\/insurance\/2025\/12\/21\/ahmedabad-district-commission-holds-iffco-tokio-general-insurance-co-liable-for-wrongful-repudiation-of-valid-claim\/","url_meta":{"origin":222643,"position":5},"title":"Ahmedabad District Commission Holds Iffco Tokio General Insurance Co. Liable For Wrongful Repudiation Of Valid Claim","author":"Team Small News","date":"December 21, 2025","format":false,"excerpt":"The Additional District Consumer Disputes Redressal Commission in Ahmedabad, Gujarat, comprising President K. J. Dasondi and Member M. B. Chauhan, delivered a verdict against Iffco Tokio General Insurance Co. Ltd. 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