New India Assurance Company Ltd on Tuesday said it has bagged the insurance cover mandate for Air Deccan. "Nearly 10 years after pioneering low cost air travel model Air Deccan has come back to the sector under regional connectivity scheme.
"The airline has ambitious plans of expanding in this segment in a big way by riding on the economic boom in smaller cities pan-India," India's largest non-life insurer said in a statement.
New India Assurance said it provides aviation insurance cover to all major airlines of India like Air India, Indigo, Spice Jet, Vistara and Go Air.