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Insurance brokers are the only insurance distribution channel which represents the policyholders*

Insurance Brokers are the fastest growing among distribution channels contributing to 23.2% of the non-life insurance premium*

Our 16 year experience in insurance industry, is for you to peruse!

Join the family of over 3,00,000 rightly insured customers

*Source: IBAI HANDBOOK: GENERAL INSURANCE CLAIM INSIGHTS FOR POLICYHOLDERS, 2017

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KEY HIGHLIGHTS ABOUT US

  • Serving the diverse insurance needs of customers pan india for last 16 years
  • Physically present across 24 cities
  • Insurance broker of choice to over 300,000 customers
  • Deep relationships with all major insurance companies
  • Seamless support, Right from helping choose the right product to claim assistance

INSURANCE BROKING IN INDIA

Insurance brokers are the only insurance distribution channel which represents the policyholders and are regulated by the IRDAI (Insurance Brokers) Regulations, 2013

As is the case with other countries, the concept of an Insurance Broker was introduced by the Insurance Regulatory & Development Authority of India (IRDAI) through the IRDA (Insurance Brokers) Regulations, 2002 and amended in 2013

Insurances brokers work for policyholders’ interests and are therefore, the fastest growing among distribution channels contributing to 23.2% of the non-life insurance premium

Insurance Broking registered the highest CAGR of 27.7% between FY10 and FY15 among the major channels in non-life insurance

As per the EY Vison 2025, brokers driving customer-centric growth report, it is expected that insurance broking will contribute close to 40% of gross direct premium in non-life insurance in the progressive scenario

As per the report, non-life insurance market in 2025 is expected to be at Rs 4,00,000 Crs and brokers market share is likely to be around Rs 1,60,000 Crs

Source: IBAI HANDBOOK: GENERAL INSURANCE CLAIM INSIGHTS FOR POLICYHOLDERS, 2017

WHY AVAIL OF AN INSURANCE BROKER?

Some insurance policies can be complicated, and an insurance broker can help a policyholder understand the details of a policy and also work out what the level of cover needed to ensure that the policyholder’s interest is well-protected

Brokers can find a good deal for the policyholder on insurance and can negotiate premiums on his/her behalf. A broker will explain the insurance policy and advise the policyholder on any special situations that they need to know about

Brokers can prepare a customized insurance and risk management program for a policyholder and his/her business, where they design the policies, negotiate the terms with insurance companies and place the cover with the insurer

By including a risk management program, the policyholder can share the responsibility of loss prevention and loss minimization and thereby reduce premium costs

Using the broker doesn’t cost more than going direct as they are paid the brokerage by the Insurers for selling their products

In case of a claim on the policy, an insurance broker will assist the policyholder through the process and will liaise with the insurer on their behalf.

Source: IBAI HANDBOOK: GENERAL INSURANCE CLAIM INSIGHTS FOR POLICYHOLDERS, 2017

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For more details on risk factors, terms and conditions please read sales brochure carefully before purchasing the insurance policy/concluding a sale.

Branch Offices:
Agra | Ahmedabad | Aurangabad | Bangalore | Bhopal | Chandigarh | Chennai | Cochin | Coimbatore | Goa | Hyderabad | Indore | Jaipur
Kolkata | Lucknow | Mumbai | Mumbai-Dombivili | Nashik | New Delhi | Pune | Raipur | Rajkot | Surat | Thiruvananthapuram | Vapi | Vadodara

LANDMARK INSURANCE BROKERS PRIVATE LIMITED
CIN U66030PN2002PTC017009
IRDAI CoR No: 216 | Broker Code: DB 089/03 | Valid From 13/10/2021 till 12/10/2024 (originally licensed on 13/10/2003 and renewed thereafter) | Category: Direct (Life & General) | A member of IBAI
Regd. Off: 1187/22, 4th Floor (above ICICI Bank ATM), Venkatesh Meher, Ghole Road, Shivaji Nagar, Pune (Maharashtra) – 411005.

Website: www.policyboss.com | Toll Free: 1800-419-419-9*

* Working hours: 9:30 a.m. to 6:30 p.m. (Monday to Saturday)