New India Assurance Company Limited

Role in Indian Shrimp Aquaculture: New India Assurance is India's largest public sector general insurer and offers rural insurance products relevant to aquaculture. It’s Brackish Water Prawn Insurance (Commercial) is a dedicated product covering total loss of seedlings, juveniles, and prawns of all species raised in brackish water, including shrimp. The policy period is four and a half months from the date of post-larvae stocking — matching the typical L. vannamei crop cycle — extendable by a fortnight on certified request. MPEDA enrolment documentation is required as part of acceptance, linking the product to AP's export-registered farms.