corporate presentation_ 07082016
TRANSCRIPT
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Alliance Insurance Brokers Private Limited
Premium Figures in INR crores
Company: Overview
04 05 06 07 08 09 10 11 12 13 14 15 160
50
100
150
200
250
300
350
400
450
2 4 13 2035
45 50
75
125
175
300
375
422
Financial Year
.
Alliance Insurance Brokers Private Limited
2003 2016
2003:► Among the first
10 broking houses to start operations from Mumbai, India
2004:► Successful tie-ups
with major corporates in Manufacturing and Services sector across India and records 100% of growth
2005: ► Enters Media,
Entertainment and Sports sector
Milestones
2006:► Expands
its operations to Pune & Rest of Maharashtra
2007: ► Penetrates into the
Construction and Leisure sectors
2008:► Enters Aviation
sector and gains 75% of market share in Media & Sports
2010:► Enters Power & Energy
sector with projects in Metro rail, road, transmission lines, renewable energy like solar, wind etc. and also conventional energy space
2011: ► Becomes a Composite
Broker by entering Reinsurance space and expands its operations to Delhi NCR and Hyderabad
2015: ► First independent broking
house in India to attract PE Funding and expands to 11 Destinations
2013:► Forays in to the Specie
business with focus on Jeweller's block and Cash Management Companies with expanding operations to Bangalore & Jaipur
2012: ► Forays into Crop
Insurance & Reinsurance market in India along with launch of operations in Ludhiana & Mangalore
2014: ► Forays into
Private Equity & VC practice
2009: ► Forays into structured
Credit insurance for Banks and FIs and opens its first office in Chennai along with expansion in Mumbai
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Alliance Insurance Brokers Private Limited
► Alliance works on the premise that each sector is different when it comes to understanding the business and the risk exposures associated with the same
► The Company has created in-house capabilities across all major sectors while ensuring key functional areas viz. Underwriting, Claims and Advisory services focus on product expertise
► This approach enables strong relationships and ensures a platform is created to exhibit its expertise and devise risk management solutions unique to client’s needs
Sectors in Focus
Media Financial Services
Sports Specie
Infrastructure & Energy Services Manufacturing
SPECIALTY
C S G
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Alliance Insurance Brokers Private Limited
Sector Distribution : FY 2015 - 16
Speciality Lines Reinsurance
Corporate Solutions Group
Fi-nan-cial Ser-vices20% Media And
Entertainment25%
Specie21%
Sports And
Events34%
Treaty40%
Facul-tative60%
Infrastructure & Energy8%
Manu-facturing
30%
Services62%
.
Alliance Insurance Brokers Private Limited
Business by Sector
Business by Verticals
Business Overview : FY 2015 - 16
Business by Line
Corpo-rate So-lu-
tions
Group
49%Specialt
y33%
RI19%
Credit insurance1%
Employee
Benefits32%
Liability6%
Marine8%
Miscellaneous10%
Motor1%
Property
And
Engi-neer-ing13%
Speciality27%Financial Services
8%
In-frastructure & En-erg
y5%
Manu-fac-tur-ing23%
Media And En-ter-tainment10%
Service
s31%
Specie9%
Sports
And Events14%
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Alliance Insurance Brokers Private Limited
► As an organization driven by sectoral approach, Alliance possesses functional expertise into Underwriting, Claims and Advisory services to ensure efficiency in the deliverables
► Specialist Underwriting teams create risk management programs customized for clientele in each sector thus enhancing efficiency in their business processes
► Advisory services aim to achieve customer delight through dedicated Client Relationship Management which ensures stability in business
► Expert claims servicing teams work towards smooth claim settlement across business lines ensuring business continuity
Business Support
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Alliance Insurance Brokers Private Limited
Business Support
EmployeeBenefits
-Life
Marine andMiscellaneous
Property andEngineering Liability
Credit andPolitical Risk
EmployeeBenefits
-Non Life
Technology Support
Audits & Gap Analysis
Portfolio Management
Sector Expertise
Advisory
Underwriting
And
Claims
ReinsuranceSpecialityCorporateSolutions
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Alliance Insurance Brokers Private Limited
Business Process: CSG & Specialty
Understanding Client’s Business &
Risk Exposures
Insurance Audit
Technical Report
Survey & Valuation
Broking SlipNegotiation
Selection of U/WPlacement of
Business
Policy Documentation
Claims Management
Services
Renewal
Value Added Services
1. Price2. Covers and Excess3. Clauses4. Policy Drafting
1. Expertise2. Capacities3. Ratings4. Global
Reinsurer/s
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Alliance Insurance Brokers Private Limited
Claims Under Management: 10,000+
► Clients need strong support specially with regards to claim settlement as:
► solvency margins of insurers are under pressure post de-tariffing in 2007
► ambiguity exists in interpreting policy terms
► Changes occur in policy wordings and clauses
► business needs keep evolving
► Alliance’s dedicated claims handling team with 10,000+ claims under management and with claims paid exceeding INR 500+ crores is the preferred choice of the clients.
Employee Benefits9%
Liability1%
Marine27%
Miscellaneous29%
Property & Engineering14%
Retail Lines3%
Speciality19%
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Alliance Insurance Brokers Private Limited
Name Qualification Profile
S.V. Thakkar CEO & Director (Principal Officer)
B.E. Mechanical
► Worked with United India Insurance Co. Ltd. for 40+ years at senior levels
► Played a key role in setting up IFFCO-Tokio General Insurance Co. Ltd. in India
Aatur Thakkar Director ACA
► Steering Business Strategy & Development on all areas of expansion
► Reinsurance Qualification from Chartered Insurance Institute of London
Founding Team
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Alliance Insurance Brokers Private Limited
Name Verticals Profile
Anoop VermaAssociate Director
Corporate
Solutions Group
► Experience: 15+ years► Qualification: B.E Mechanical; MBA
(Marketing)
Prantik MitraAssociate Director
► Experience: 25+ years► Qualification: B.Tech; MBA (Finance); AMIE ;
AIII
Girija N SatpathyAssociate Director
► Experience: 25+ years► Qualification: B.Sc. ; PGDSD ; AIII
Pranav ShahDirector – Sports & Events
Specialty
► Experience: 15+ years► Qualification: B.com ; LIII
Prasad GodboleAssociate Director – Liability & FIG
► Experience: 35+ years► Qualification: B.com (Hons) ; LLB ; PGDM (IIM
A) ; AICWASumant SalianBusiness Head – Media & Entertainment
► Experience: 15+ years► Qualification: B.com ; MBA (Marketing) ; AIII
Sunil VidhateBusiness Head – Banks & Secured Logistics
► Experience: 14+ years ► Qualification: B.com ; MBA (International
Business); PGDBM ; AIIIAftab ChasmawalaBusiness Head – Specie
► Experience: 10+ years► Qualification: B.Sc. ; MBA (Insurance) ; LIII
Leadership Team
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Alliance Insurance Brokers Private Limited
Name Verticals Profile
Salil DasDirector - Reinsurance
Reinsurance
► Experience: 40 years► Qualification: M.Sc. (Statistics) ; PGDBM ;
DSM ; AIII
J.K. BhagatAssociate Director - Reinsurance
► Experience: 30+ years► Qualification: PGD (Chemistry)
Chiradeep Singha RoyPresident - Reinsurance
► Experience: 20+ years► Qualification: PGDM ; ACII ; FIII
Leadership Team
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Alliance Insurance Brokers Private Limited
Name Qualification Profile
Gowri JayaramanDirector – Technical
MBA (Finance),F.I.I.I.
► Heads Placements & Claims function since 2011.► One of the founding members to set up Underwriting
team at ICICI Lombard; 10 years of work experience with ICICI Lombard
► Worked with United India Insurance Co. Ltd. for 20 years at senior level
K. S. SankarSr. Vice President
–Claims &
TechnicalServices
PG Diploma –QualityManagement, USAPG Diploma –
AppliedBehavioral
SciencesA.I.I.I.
► Heads Claims & Technical services since 2011.► 35+ years of rich experience in the general insurance
sector► Started insurance career with National Insurance co.
and left at the rank of Regional manager to move in to Insurance broking.
► Accredited visiting faculty with I.I.I., NIA, Symbiosis, Narsee Monjee, ITM etc
Dr. YashendraSharmaSr. Vice President
–Employee
Benefits
BAMS – MedicalGraduate,Mumbai UniversityL.I.I.I.
► Heads Employee Benefits practice since 2011.► 13+ years of rich experience in the field of health
insurance including working with various Third Party Administrators at senior levels
Rathika SrinivasanVice President - Placement & Underwriting
Masters in Science, Bharatidasan UniversityF.I.I.I.
Heads Placement & Underwriting practice since 2012 25+ years of rich experience in the field of general
insurance including working with both public and private players of the industry
Mr. Mehul Palan
Vice President -Credit Insurance
FCCAACA
► Experience : 20 years in Finance & Accounts► Heads Credit Insurance
Technical Think Tank
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Alliance Insurance Brokers Private Limited
Email: [email protected] Website: www.allianceinsurance.in
Alliance Insurance Brokers Private LimitedCorporate Office:
8th Floor, Gold Crest,10th Road, Juhu, Vile Parle (West), Mumbai-400049Tel: 022 67390900 / 022 61220800
Fax: 022 67390918 / 19