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Deccan Insurance & Reinsurance Brokers Pvt. Ltd. We Protect & Serve.

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Presentation on theme: "Deccan Insurance & Reinsurance Brokers Pvt. Ltd. We Protect & Serve."— Presentation transcript:

1 Deccan Insurance & Reinsurance Brokers Pvt. Ltd. We Protect & Serve

2 Licensed as Composite Insurance Broker by IRDA in 2003 MISSION To provide our customers value-added quality insurance services at minimum cost through our experience, technical skills, international support and a concerted focus on service

3 CORE MANAGEMENT TEAM T.S. Chandrasekhar, B.E (Mechanical) ChairmanOver 20 years experience in multinational organization in engineering, merchant banking & financial service. Ravi Kakode, B.E. (Mech.) and FIII M.D & Principal Officer Over 20 years experience In India & Canada in Sales & Marketing in Engineering, Financial Services & Insurance. He has versatile experience in Life, General and Reinsurance for many years. He has excellent relationship with world leading reinsurers Sanjay Das, B.COM, AIII, and Grad CWA Director. He is Associate member of the Institute of Cost and Works Accountants of India. Well experienced in Finance & Accounts. He specializes in Business and Corporate Advisory, Financial Consultancy, etc. Insurance Professionals with in-depth experience across various functions.

4 Why Deccan Insurance Brokers? As a broker our concentration is on- Devising seamless covers to protect the assets of our clients. Bringing down the insurance premium without compromising on coverage Assisting our clients in expeditious settlement of insurance claims Continuous watch on the client’s business for any potential risk/hidden risk and risk control measures.

5 Expertise Property & Casualty Liability Insurance Employee benefit plans - GMC,GPA, CI Construction & Engineering Marine Cargo Marine Hull Reinsurance Treaties & Fac

6 Our Services Identify risk exposures Design comprehensive covers to cover all assets & liabilities. Obtain quotations form Insurers in India and overseas wherever applicable. Finalize insurance arrangements and arrange for premium payments Review policy wordings and check for gaps in cover. Handling claims, claims negotiation and ensure expeditious settlement. Provide objective and independent advice on all insurance related matters. Present recommendations in line with the changes in the market, experience for the year at the end of policy period.

7 Deccan’s USPs Reach Out to the insured –Communication in Marathi / Hindi / local language to serve the interests of the insured & deliver prompt service In Mass Health & Accident schemes, our focus has been on poorer, deprived sections of society who need insurance most ( like farmers, labourers), We endeavour to understand their needs and serve them. We have strived to reach out to such classes by propagating to them the importance of registering with bodies like Construction Workers Board. WE HAVE ALSO BEEN INVOLVED AS INSURANCE BROKER IN ARRANGING GROUP HOUSE INSURANCE TO INSURE THE HOMES OF POORER SECTIONS OF RURAL AREAS IN MAHARASHTRA BUILT WITH GOVT. ASSISTANCE For the benefit of clients ( as in Farmers policy), we display the up dated claims data on our website. This benefits the insured as well as department personnel at all levels.

8 Deccan’s USPS contd…… We honor our commitments. Our values are—self belief, conviction, honesty Prompt, efficient service & claim settlement is our motto. Joyful service & interaction with our insureds gives us greatest satisfaction. We serve & deliver and attune ourselves with the needs of the insureds

9 Total employees Regional offices ( Mumbai,Pune,Aurangabad, Nasik,Nagpur, Bangalore) 111 6 Manpower & Branches

10 Deccan’s Mass Health & PA Servicing Setup in Maharashtra Registered Office Mumbai Regional claims servicing offices Mumbai, Pune, Aurangabad,Nasik,Nagpur District Claims Servicing Representatives 35 Nos, one each in every District of Maharashtra

11 SINCE 2010 WE HAVE BEEN INVOLVED WITH VARIOUS MASS SCHEMES INCLUDING GOVERNMENT SCHEMES AND HAVE BEEN SERVING INSUREDS ACROSS ENTIRE LENGTH & BREADTH OF MAHARASHTRA. WE HAVE A WIDE REACH IN THE STATE OF MAHARASHTRA. WE HAVE A SOCIAL BENT OF MIND & HAVE SERVED THE POORER, LESS EDUCATED SECTIONS OF SOCIETY WITH ZEAL & COMMITMENT

12 STRAGIES FOR MASS HEALTH AND PA servicing In Maharashtra  Policy conditions, claim procedure and document list booklet  Introduction of minutes system of all the review meetings  Information, education, communication with insureds to create awareness of schemes so that the benefits can reach the intended sections of society (posters, banners, flexboards, hoardings)  Trained Manpower  Communication in Marathi ( and Hindi as required)

13 Offices and Manpower Deccan Offices: Registered Office – Mumbai Claims Div Offices – Pune, Aurangabad,, Nashik, Nagpur Claims Servicing Personnel– All Districts of Maharashtra

14 OURREINSURANCEOPERATIONS

15 WE PLACE TREATIES  RISK / CAT XL TREATIES  PROPORTIONAL TREATIES  ENERGY TREATIES  AVIATION TREATIES FACULTATIVE  ENERGY  CONSTRUCTION  AVIATION  LIABILITY  TERRORISM

16 Our involvement in Facultative Reinsurance Energy Thermal Power Stations and Refineries Erection of refinery Plants Petrochemical Plants Construction Water Transmission Plant Dam Construction Refinery Plant Aviation Airlines in South America Serving the largest low cost airline in India. Secured the lowest premium rate for A320 in India. Serving other General Aviation accounts including some non-scheduled operators.

17 Our involvement in Facultative Reinsurance c ontd. Liability Port Operator Liability ( Air & Sea ) Professional Indemnity D & O E & O Terrorism Airports Refineries Railways Fertilizer Plants Cement Plant

18 Our involvement in Treaty Reinsurance TREATIES General Insurance Corporation of India Non-Marine Cat XL, Non-Marine Risk XL, Marine General XL, Energy XL United India Insurance Co Ltd Fire & Engg Risk XL, Property Cat XL, Marine General XL & Bouquet of Proportional Treaties Reliance General Insurance Non Marine Risk XL, Marine XL, Misc Risk & Cat XL, PA Cat XL, Aggregate (Liability ) XL, Whole Account XL & Bouquet of Proportional Treaties. National Insurance Co Ltd Non Marine Risk XL, Non Marine Cat XL, Marine XL & Bouquet of Proportional treaties including Aviation Surplus Treaty Oriental Insurance Co. Ltd Marine XOL

19 Our involvement in Facultative Reinsurance FACULTATIVE Iffco-Tokio General Insurance Aviation, Liability, Construction Risk Deccan Aviation National Insurance Co Ltd SPM, Property The New India Assurance Company Aviation Reliance General Insurance Group Mediclaim

20 Relationship with International Market We have good relations with all the Major International reinsurance underwriters in Europe, Middle East, Far East, Africa

21 Thank You


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