Multiple choice What is the Insurance Company founded by Sir Dorab Tata in 1919? LIC UIIC NIAC OIC Reveal answer Fill a bubble to check yourself C Correct answer Explanation The New India Assurance Company Limited (NIAC) was founded by Sir Dorabji Tata in 1919. It became one of India's largest and oldest insurance companies and played a pioneering role in India's insurance sector.