Insurance Innovation Award-Secure Now Insurance Broker

1. SecureNow Insurance Broker Private Limited
Offices: D-109, Defence Colony, New Delhi – 110024;
Plot 68, Sector 18, Gurgaon – 122001
Tel : 011 – 6456 0999
Web : www.securenow.in
AN INTRODUCTION TO

2. SECURENOW IS AN INSURANCE BROKING
FIRM FOCUSED ON COMMERCIAL
INSURANCES
Why
SecureNow
Multiple
Quotes
Dedicated Claims
Helpline
Bespoke
Insurance
Design
Single
Servicing
Contact
Online
Insurance-
Portfolio view
Timely
Surveyor
Appointment
Complete
Claims
Documentation
Mobile App
for Insurance
Services
Over 7000 clients
Presence in multiple locations
Strong institutional backing
Over 100 people – large client
servicing team

3. Group Health
Engineering All
Risk
Construction
All Risk
Workmen
Compensation
Commercial
General Liability
Group Personal
Accident
Fire
Doctors &
Professional
Indemnity
Errors &
Omissions
Directors &
Officers’ Liability
Home
Insurance
Family Health
Insurance
Marine
Term Life &
Keyman
Office
Insurance
PRODUCTS WE PROVIDE
Employee Benefits, Property, Liability, Individual and Others

4. AWARDS AND RECOGNITION
Techhr
2015
Top 3
Technology
Initiative
Of The Year 2016
Top 3
Claims
Innovation
Of The Year 2016
Winner
Fintech 2015
London
Final Longlist
Order Of
Merit, 2017
Winner
Broker Of The
Year 2015, 2016
Top 3
Member of the Unison Steadfast Network. Unparalleled International Reach. 300 Broker Relationships. 130
countries. Premium of US$ 16 billion. Over 10,000 employees. 2500+MNC accounts
Recognition

5. HOSPITAL LOCATOR
Tool to search network hospitals with
cashless facility
NOTIFY, FOR iOS
An ios app for electronic mediclaim
cards and insurance reminders
DOWNLOADS
Ready access to proposal forms,
policy wordings, claims forms, and
network hospital list
PAM
A customer policy administration portal
CHECK-IN
Location enabled attendance
and leave management system
NOTIFY, FOR ANDROID
An android app for electronic mediclaim
cards and insurance reminders
DISRUPTION IN INSURANCE INDUSTRY THROUGH OUR
TECHNOLOGICAL TOOLS
INSUROPEDIA, ONLINE
CALCULATORS AND CLAIMS MIS
Immediate answers to all your
insurance questions
ONLINE CALCULATORS
Reliable price estimates and multiple
cover options, for commercial
insurance, within seconds
CLAIMS MIS
Well designed, visual and
detailed claims MIS automatically
sent to clients

6. TRUSTED BY INSURERS - A SAMPLE LIST

7. HOW IS SECURENOW DIFFERENT - VALUE PROPOSITION
Problems that SecureNow is addressing
•Knowledge of the products and the availability of the same at one's disposal - our online
calculators and Insuropedia, both address the same concerns
•Turn-around-time of the quote procurement process - It is a tedious operation which requires a lot of
time and effort with consistent negotiation with the insurers - our online calculators make the whole
process easier by simplifying the quote procurement to one step. One can themselves put in the details
into the calculators for commercial insurance, and the estimates and options are displayed instantly. This
addresses the issue of the delay in procuring quotes from the moment the query is generated to the time
quotes are delivered.
•Knowledge gap - Insuropedia bridges this gap. There are certain frequently asked questions which
take up considerable effort to answer. The database is refined over time, and our intelligent search
suggests common queries as users begin to type.
Competitive Advantage
We have been disruptive in the insurance industry and differentiate ourselves with our in-house search
engine insurpoedia that provide answers to all the insurance related queries; calculators that help get
instant quotes within seconds as per the client’s need and a handy app ‘notify’ that helps deliver medical
insurance card, store important documents and help you locate the right hospital when you need it the
most. We do not simply sell insurance to the clients but we provide consultation on benefits &
suggestions on insurance management. We diagnose the previous year policies of our clients for
coverage and propose competitive renewal terms from top-tier insurers.

8. VALUE PROPOSITION
Our USP - Our online calculators, our Policy Administring Management System, our application -
Notify, our Claims Portal, Insuroperia - all are part of our USP. We can get the client a 20% better
deal over their existing policy in terms of coverage, price or both. This is due to our deep rooted
industry knoewledge and connections. We have got approval for raters with certain insurance
companies wherein we have pre-approved rates for policies, thereby reducing the operational
time.
Clients who can be contacted for testimonials :
1. Indiamart
2. Acquisory Consulting
3. Urbanladder
Market Size - US $ 30 Billion
Competition :
1. Marsh India Insurance Broker Pvt. Ltd.
2. Global Insurance Brokers Pvt. Ltd. (formerly known as Aon Global Insurance Brokers Pvt. Ltd.)
3. Prudent Insurance Brokers Pvt. Ltd.
Target Customer Segment : Small & Medium Enterprises
MARKET WE ARE OPERATING IN

9. MANAGEMENT TEAM
Kapil Mehta
Kapil is our co-founder and CEO. He brings In strong
relationships with insurers globally and senior management
experience of world-class insurance firms
•Previously, Kapil has been the managing director of DLF
Pramerica Life Insurance Company, where he was a
Prudential nominee. He has worked with Max New York Life
Insurance, McKinsey & Co., and Hindustan Unilever
•Kapil is charter member of TiE, a leading entrepreneurial
group; a director of the Insurance Broking Association of
India and an executive council member of FICCI CMSME
•He is a Mechanical Engineer from IIT Delhi and a MBA from
IIM Ahmedabad.
Abhishek Bondia
Abhishek is our co-founder & Principal Officer. He brings
in global best practices in client service, and deep
expertise in insurance products structuring
•In his last position with McKinsey & Company, he helped
leading global insurers on wide range of management
topics , which includes, new market-entry approach,
micro-market strategy, product design, network
optimisation, and distribution Scale-up
•He is a CA (All India Rank 25), a CFA and a Commerce
Graduate from the Shriram College of Commerce.

10. CLIENTELE
Energy:
•One of the largest Oilfield Services company in the
world.
•Multinational Oil and Gas company with over
50,000 employees in more than 50 countries.
Financial Services:
•Life Insurance company operated by $4bn India’s
leading business conglomerate
•Leading micro-finance company providing credit to
middle income households to acquire new housing or
to extend their current housing
E-Commerce:
•India’s largest online Fashion Brand
•India’s largest B2B Marketplace assisting
manufacturers, suppliers & exporters to trade with
each other
Real Estate:
•India's leading Real Estate developer offering luxury
townships, commercial projects & resorts
•Most trusted online Property advisor
Telecommunications:
•India's leading Cable TV distribution company reaching
13 million homes in over 200 cites across 13 states
•World’s leading cloud telephony & call handling solutions
company
Manufacturing:
•Leading Japanese manufacturer of servos, motion
controllers, AC drives and industrial robots
•World’s leading manufacturer of sustainable LED
solutions (18 million units per month)
Publishing:
•International publishing company having offices in 41
countries worldwide
•India’s oldest and largest publishing and education
services company founded in 1937
Investment Funds:
•Venture Capital fund set-up by the family office of a
leading technology entrepreneur
•US$500mn fund focused on providing growth equity
to mid-market companies in India

11. CAPABLE CLAIMS MANAGEMENT
Impact delivered across clients
Got claim approved for full sum assured for employee of a consulting company. The claim was
initially rejected by the insurer. Process involved escalation to the insurer’s top management
and reaching out to the grievance cell.
Managed premium and benefits of health insurance policy for a public
listed company that was running at >150% claim ratio.
Managing a fire insurance claim worth Rs.75 Cr against loss due to fire at the central
warehouse of the largest fashion and apparel e-commerce company
Processed fire insurance claims worth Rs.1.5 Cr on a premium base of Rs.10 lacs – claims
were spread across 3 different locations at different time interval during policy term.
Supported a steel parts manufacturer receive a Rs 1.5 crore claim from a public sector insurer.
This was a trade credit insurance and covered a payment delay of over 180 days.
Helped a MNC automobile manufacturing company to re-open marine insurance claim of
Rs.5 lacs, earlier rejected on frivolous grounds by the insurer.

12. ASSOCIATIONS
Partners ClientsMedia

13. 2011
Feb: SecureNow
Incorporated
Dec: Got Broking
license
Employees:
Premium
(in cr):
Client
acquisition/m
onth:
MILESTONES - SECURENOW'S JOURNEY
2012
Dec: Launched
Bangalore office
5
2013
Dec: Launched
PAM
2014
Launched Notify
2015
Launched Insuropedia,
hospital locator, Renewed
license
2016
Raised institutional
funding
7 18 24 35 75 145
- 1 5 15 32 45 60
- 3 5 10 20 240 450
2011 2012 2013 2014 2015 2016 2017Year:
2017
First fully automated
risk held letter issued
for Workmen
Compensation