3. .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
4. .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
5. .Alliance Insurance Brokers Private Limited
Sector Distribution : FY 2015 - 16
Speciality Lines Reinsurance
Corporate Solutions Group
Financial
Services
20%
Media And
Entertainm
ent
25%Specie
21%
Sports And
Events
34%
Treaty
40%
Facultative
60%
Infrastructure &
Energy
8%
Manufacturing
30%
Services
62%
6. .Alliance Insurance Brokers Private Limited
Business by Sector
Business by Verticals
Business Overview : FY 2015 - 16
Business by Line
Corporate
Solutions
Group
49%
Specialty
33%
RI
18%
Credit
insurance
1%
Employee
Benefits
32%
Liability
7%Marine
8%
Miscellaneou
s
10%
Motor
2%
Property And
Engineering
13%
Speciality
27%
Financial
Services
8%
Infrastructure
& Energy
5%
Manufacturing
23%
Media And
Entertainment
10%
Services
31%
Specie
9%
Sports And
Events
14%
7. .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
8. .Alliance Insurance Brokers Private Limited
Business Support
Employee
Benefits
-
Life
Marine and
Miscellaneous
Property and
Engineering
Liability
Credit and
Political Risk
Employee
Benefits
-
Non Life
Technology
Support
Audits &
Gap Analysis
Portfolio
Management
Sector Expertise
Advisory
Underwriting
And
Claims
ReinsuranceSpeciality
Corporate
Solutions
9. .Alliance Insurance Brokers Private Limited
Business Process: CSG & Specialty
Understanding
Client’s Business &
Risk Exposures
Insurance Audit
Technical Report
Survey & Valuation
Broking Slip
Negotiation
Selection of U/W
Placement of Business
Policy
Documentation
Claims Management
Services
Renewal
Value Added
Services
1. Price
2. Covers and Excess
3. Clauses
4. Policy Drafting
1. Expertise
2. Capacities
3. Ratings
4. Global
Reinsurer/s
10. .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
Benefits
8%
Liability
1%
Marine
27%
Miscellaneous
29%
Property &
Engineering
14%
Retail
Lines
3%
Speciality
18%
12. .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
13. .Alliance Insurance Brokers Private Limited
Name Verticals Profile
Anoop Verma
Associate Director
Corporate
Solutions
Group
► Experience: 15+ years
► Qualification: B.E Mechanical; MBA (Marketing)
Prantik Mitra
Associate Director
► Experience: 25+ years
► Qualification: B.Tech; MBA (Finance); AMIE ; AIII
Girija N Satpathy
Associate Director
► Experience: 25+ years
► Qualification: B.Sc. ; PGDSD ; AIII
Pranav Shah
Director – Sports & Events
Specialty
► Experience: 15+ years
► Qualification: B.com ; LIII
Prasad Godbole
Associate Director – Liability & FIG
► Experience: 35+ years
► Qualification: B.com (Hons) ; LLB ; PGDM (IIM A) ;
AICWA
Sumant Salian
Business Head – Media & Entertainment
► Experience: 15+ years
► Qualification: B.com ; MBA (Marketing) ; AIII
Sunil Vidhate
Business Head – Banks & Secured
Logistics
► Experience: 14+ years
► Qualification: B.com ; MBA (International Business);
PGDBM ; AIII
Aftab Chasmawala
Business Head – Specie
► Experience: 10+ years
► Qualification: B.Sc. ; MBA (Insurance) ; LIII
Leadership Team
14. .Alliance Insurance Brokers Private Limited
Name Verticals Profile
Salil Das
Director - Reinsurance
Reinsurance
► Experience: 40 years
► Qualification: M.Sc. (Statistics) ; PGDBM ; DSM ; AIII
J.K. Bhagat
Associate Director - Reinsurance
► Experience: 30+ years
► Qualification: PGD (Chemistry)
Chiradeep Singha Roy
President - Reinsurance
► Experience: 20+ years
► Qualification: PGDM ; ACII ; FIII
Leadership Team
15. .Alliance Insurance Brokers Private Limited
Name Qualification Profile
Gowri Jayaraman
Director – 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. Sankar
Sr. Vice President –
Claims & Technical
Services
PG Diploma –
Quality
Management, USA
PG Diploma – Applied
Behavioral Sciences
A.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. Yashendra
Sharma
Sr. Vice President –
Employee Benefits
BAMS – Medical
Graduate,
Mumbai University
L.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 Srinivasan
Vice President -
Placement &
Underwriting
Masters in Science,
Bharatidasan
University
F.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
FCCA
ACA
► Experience : 20 years in Finance & Accounts
► Heads Credit Insurance
Technical Think Tank
