United India Insurance, a name synonymous to the insurance sector, came into being in the year 1938. UIL was setup by the Government of India under the Ministry of Finance as a General Insurance Company, and it turned out to be a master-stroke over the years, ranked amongst the most valuable insurance company in Asia. Milind Kharat presently holds charge of over 18000 employees working at various positions in United India Insurance which is headquartered in Chennai.