4. Who is an insurance broker?
• We represent the BUYER of insurance
– versus dealing with an agent / insurer directly – Caveat emptor
• We market the client’s risk to insurers
– versus selling the insurer’s products to the client
• Comparable professionals:
– Your lawyer
– Your auditor
– Your investment banker
– Your finance banker
• We work with ALL insurance companies
5. Understanding YOUR risks
5
Place program
4
Suggest
insurance Define values, delivery
3 program commitments, SLAs
Evaluate risk
Policy structures, suggested
gaps
2 underwriters, risk mitigation steps
Interaction
with senior Risk inspection, contract
1 management study, review past losses
Evaluation of
current Understand business
insurance plans for tomorrow
Review present scenario
6. Why do I need Prudent?
• We get you the cover YOU need, not what is
convenient for the insurer
• Guidance and care required in a de-tariff, open
market scenario
• Insurance contract negotiation can be a
minefield (“Insurance is the subject matter of solicitation”)
• We specialize in custom designed policies (if you
have a unique problem, we probably have the solution)
• We invest in service – highest Servicing to Sales
ratio in the industry
7. How does Prudent add value?
We are
accessible
We help you We make
We give you At your
We listen to take the right insurance
the advice that doorstep
you decision, see simple for you
you need Around the
things clearly
world in over
90 countries
8. What will Prudent do?
We give you We
We make information negotiate to
We manage We are
things suit your
pro-actively - Fast responsive
efficient best
- Accurate interests
10. Who we are
• Leading Indian insurance broker
• End to end solution for mid-large size corporates
• Team of 260+ professionals
• Strong capabilities across all lines of business
• Very strong carrier relations and leverage
• Experience across a number of industries
• The only Indian insurance broker with pan-India
capabilities across all lines of insurance and
service capabilities across over 90 countries
11. Our philosophy
• We are a “people company”
• High service orientation
• Custodians of our clients’ assets
• We believe in relationships, $ don’t drive us
• Matrix team approach to client management
12. International capabilities
• Working with over 250 multinational clients
• Partnering with leading brokers in over 90
countries
• True capability of developing integrated global
insurance programs
• Preferred partner for Global Employee Benefit
Specialists
• Independent working relationship with Global top
10 brokers
Proven capability of working with the world’s best
servicing your requirements GLOBALLY
13. Our capabilities – P&C
• Property – mid market, large property risks
• Business interruption / loss of profit
• Engineering (CAR, EAR, advance loss of profit, machinery breakdown,
industrial all risk, electronic equipment)
• Global risk (integrated controlled master programs)
• Marine transit
• Workmen’s compensation
• Executive risk (D&O, Employment practice, crime, fiduciary)
• General liability, product liability and recall, umbrella
• Professional liability (finance, healthcare, architects, engineers, etc.)
• Specialty lines (technology risks, M&A, environmental, terrorism)
• Credit risk and factoring
• Corporate fleets
• Personal lines (home owners, automobile)
• Employee benefits
14. Our capabilities – Employee benefits
• Medical insurance
• Personal accident
• Life insurance
• EDLI
• Gratuity
• Superannuation
• Overseas travel
• Global medical programs
• Pooling
• Self managed programs
• Full service Property & Casualty
15. Services Spectrum
Understanding your business Servicing your requirements
We understand insurance very well but our Comprehensive policy scrutiny
strength is that we also understand your Coordinating the required paperwork
business
Internal and external communications strategy
Innovative “industry specific” solutions
Pricing strategy and consistency
Advice on valuation methods
Management of your cash deposit balance
Risk inspections and study to choose most and account reconciliation
appropriate occupancy
Profiling of organization to create a risk map
Commercialization and business plan
Managing insurance markets for you Managing claims
Fully updated on the regulatory environment Comprehensive negotiation on depreciation,
Detailed presentation of your risk to insurers salvage value, and technology upgradation
Managing expectations and building Study of innovation networks and
excitement around your risk profile identification of best practices
