By Tosheef Alam
IIT Insurance Broking and Risk Management Pvt Ltd. is a private
limited company with its registered head office at Mumbai . The
company received its license from the ‘Insurance Regulatory and
Development Authority’ (IRDA) of India( License No. – DB-
430/109) , to operate as Direct Insurance Broker. Our Company is
a part of the ‘Industrial Investment Trust Group’
As a professional broker we offer a full array of risk management
products, services and solutions that can be integrated, custom-
designed and delivered through a seamless distribution network to
meet market challenges.
As a broker we can offer any of the Insurance Product whether in
life or General Insurance with any of the Insurance company
working in India.
Integrate and market your policies /proposals so as to arrange
widest coverage at the most competitive price
Secure long term sustainable premium savings by:
Leveraging our aggregate buying power
Presenting Client as a quality risk to the insurance markets.
Claims Management services to expedite settlement
Pro-Support administration and improve information flow
Provide Benchmarks for ‘Best Practices’
Support risk management initiatives
We represent the insurance buyer, so as to service his/her
interests & not that of the insurance company.
There is no additional cost to the insurance buyer for
placing business through us.
We are different from agents. Agents represent a given
insurance company and only sell the policies of their
respective companies. We have the authority to sell all
policies, in Life & Non-Life, of any insurance company in
India.
We have qualified & experienced insurance professionals,
who have in-depth Insurance knowledge & are able to
provide Insurance consultancy as well as arrange for all
kinds of insurance covers. Thus, all our clients have the
benefit of the most competitive premium rate & terms.
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We provide a total package of services for the insurance buyer,
including post insurance services & offer assistance in submission
of claim documents to the insurance company.
We are governed by the code of conduct prescribed by IRDA.
We are professionals & represent buyer. i.e. you only, & not the
insurance company. We can place the insurance of our client with
any insurance company, in the best interests of the buyer. Thus,
we are a single window solution for all your Insurance-related
issues, problems and requirements
Our Strengths :
Vast experience of the directors in the financial field. Wide
range of contacts and networks spread across the
country. Strong relations with various corporate in and around
Mumbai. Large financial resources.
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Localized Service ; Customized Solutions
Professional, Objective, Independent, Impartial advice
Unmatched Value : Dedicated team of highly qualified and
experienced personnel
Unmatched Ability : Capabilities across all lines of Insurance,
conventional and non-conventional
Complete Transparency
Overcome any organizational complexity to deliver customized
solutions
Ensure that our solutions and service not only meet but also
exceed clients expectations
Benchmarking: Assistance in deciding optimum cover limit,
deductibles and premium, taking into account industry purchase
patterns and claims trends.
Risk Positioning: Assistance in identification and understanding of
overall risk exposures emanating from specific business
operations and industry trends.
Program Strategy: Critical advice on coverage issues and product
design to structure the most responsive cover for your business
needs.
Program Execution: Implementation of program through superior
negotiations with the local and/or international insurers.
Technical Reviews: Vetting of policies to ensure conformity
with Program /product Strategy.
Follow up services : Monitoring and management of
rectifications/ amendments and errors in the policy documents
required, if any
Claims Advocacy: Claims advisory services for speedy settlement
and overall cost control to ensure long-term viability of insurance
program.
In order to keep the losses in check, we advise following
risk management techniques :
Potential risk treatments
Risk avoidance
Hazard prevention
Risk reduction
Risk sharing
Risk retention
Create a risk management plan
Implementation of effective risk management solutions
Review and evaluation of the plan
Risk Profiling
We will conduct a thorough risk profiling, which entails cataloguing and
mapping your company’s business process and identify areas of loss and
exposure.
Policy Analysis
We analyzed each of the individual policies wherein we determined whether
necessary clauses and the appropriate valuation methods that protect your
interests fully have been correctly applied.
Portfolio Rationalization
We demonstrate our technical expertise by rationalizing your insurance
portfolio so that you can be adequately covered for all areas of risks.
RFQ Generation & Negotiation
When we request for quotation from insurers, we do so because we have current
market intelligence about each insurer’s strength in coverage and service.
Contractor All Risk Policy
Industrial All Risk Policy
Marine Cum Erection Policy
Aviation Insurance Policy
Group Health Policy
Group Personal Accident Policy
Commercial General Liability Policy
Workman Compensation Policy
Director’s and Officer Liability Policy
Error and Omission Policy
Fidelity Guarantee Policy
Motor Insurance Policy
Health Insurance Policy
Fire and Special peril Policy
Burglary Insurance Policy
Professional Indemnity Policy
Public Liability Policy
Employer’s Liability Policy (WC)
Marine Insurance Policy
Money Insurance Policy
Medical Establishment Policy
Jewelers' Block Policy
Special contingency Policy
Life Insurance Products of all types
IITL NIMBUS
Bloom Companies LLC, USA
Nimbus India Ltd.
Satin Neo Dimensions Pvt. Ltd.
Gujarat Metro Rail Corporation Ltd.
Cengrs Geotechnica Pvt. Ltd.
Bloom Infrastructure and Logistic Pvt. Ltd.
Delhi Metro Rail Corporation Ltd.
Milestone Corporations
G.S. Engineering and Contractors
Kansai Nerolac Paints Ltd.
Nimbus Propmart Pvt. Ltd.
Sterling Indotech Consultants Pvt. Ltd.
LKT Engineering Consultant Ltd
TPF Gentisa euroestudios S.L.
Redecon India Pvt. Ltd.
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IIT Insurance Broking &
Risk Management Pvt. Ltd.
Regd Office:
Rajabahadur Mansion, 2nd Floor,
28,Bombay Samachar Marg, Fort,
Mumbai - 400 001
Ph:022- 43250109/110
E-mail: [email protected]
Branch Office:
Tosheef Alam (Principal Officer)
519, Indra Prakash Building,
21, Barakhamba Road,
New Delhi - 110001
Ph:011-41017662
M:+91-9999766991/9891469946
E-mail: [email protected]
Web: http://www.iitinsurance.com
Thank you
