Bharat Re-Insurance Brokers, Chennai

Bharat Re-Insurance Brokers, Chennai

Company Profile:

Bharat Re-Insurance Brokers Chennai, Tamilnadu, India
Director-Global Strategy & Special Projects: Mr.T.L.Arunachalam

Business Type:
(1) Corporate Insurance and Risk Management consultancy and Insurance Broking Services ;


(2) Re-insurance Broking services for direct insurance companies on an international scale

Products / Services:
Enngaged as Advisors & insurance consultants for large corporates

Industry Focus: corporate insurance consultancy practices both for companies and as independent consultants




Core Strength:

Pioneers in the profession of Corporate insurance consultancy with high level of experience in advising medium and large Corporates with enhanced role post liberalization of the insurance sector in India and also post de-tariffing of the Indian general insurance market after 2006.

Very active in key sectors like textiles & garments, chemicals, bulk drugs, pharma, petrochemicals & energy sector. Proven expertise in areas like Business Interruption insurance and ris management for emerging risks such as renewable energy, executive liabiilty, project insurance etc.

The team of senior professionals comprises of over a dozen Chairman / CXO level professionals from leading insurance / broking companies in India.

Part of the "SHRIRAM" conglomerate which has significant presence in Transport Finance, Consumer Finance, Life Insurance, General Insurance, Stock Broking and Distribution businesses.

Business growth:

Over the past 15 years, Bharat Re has developed a unique kind of expertise that could add value to the operations of an enterprise at every stage of their business life cycle. The company is keen that more and more enterprises in India, should take advantage of this kind of expertise.

More than 400 enterprises consisting of small, medium and large ones are availing of these services from the company and it will be significant to know that many of them have been dealing with the company for more than 5 years.

As brokers, Bharat Re is insurance companies neutral, and is willing to work with the insurance companies preferred by the customers, but we share with the customer our perception of the insurance industry scenario including the risk appetite / product suitability / competitiveness and also attitudes of different insurance companies towards premium rates and claims settlement.

Perception on Industry..!

Bharat Re expects the Indian Insurance Industry interacting with Corporates to gradually move towards dealing with Corporates through the intermediary channel and reduce direct interaction to the minimum.

The company hopes to contribute in a significant manner to hasten this process, by providing substantial value addition and create acceptance with the insured and the insurer that insurance broking needs to be encouraged and supported for the growth of the General Insurance premium in the Corporate world.

Enterprises who have a relationship with their insurance companies, and who get their small claims attended to satisfactorily, develop a feeling of comfort in that relationship leading to an expectation that in the event of large losses, they will get the same support.

Unfortunately, neither the insurance company nor the enterprise is in a position to devote enough attention to the task of identifying risk, quantifying the possible impact, assessing the probability of losses and quantification of the loss, if one happens.

The pressure and business compulsions to offer unviable premium rates have forced insurance companies to be cautious in claims settlements, using interpretation of policy conditions as suitable to them and against the customer , especially when there are minor and technical violations of policy conditions.

A broker’s responsibility is to ensure that the insurance program is so structured that claim process and the indemnity is fair and reasonable, eliminating the possibility of the insurance company avoiding claims payment or trying to offer lesser claim than what the client should be receiving.

In India, the Insurance Company is expected to have the resources and skills to offer the entire range of services associated with Risk and Risk Management.

Management:

Bharat RE is a professionally managed company focusing exclusively on insurance related matters, that too for the Corporate sector. Bharat RE realise that in order to provide broking services of international standards, we need a mix of Commercial, Technical and insurance know how.

The company has a growing team size of  300 employees comprising of trained and qualified professionals with long experience in the field of Insurance, Finance, Legal and Engineering, providing a wide range of strategic and operational risk management services across all industries for Commercial Lines of Insurance. 

More than half of the workforce strength is from the non insurance domain area, with a good number of them from the Engineering stream. This has helped to ensure that the company is able to assess, evaluate and understand the clients business, process hazards, risk exposure etc. and help to procure their insurances after such a good understanding of the client’s business.

Reach..!
Pan-India presence through a wide network of offices in Metro cities, state capitals and industrial clusters.

Ahmedabad
901,Popular House, Nr. Income tax Circle,
Ashram Road, Ahmedabad - 380 009
Phone: 079-3240 4111, Fax: 079-26576556
ahmedabad@bharatre.in

Bengaluru
Akshodaya, 259/31, Second Floor,
10th Cross,  Wilson Garden,
Bengaluru - 560 027
Phone: 080-41161406
Email: bengaluru@Bharatre.in

Chennai
No.6, Old No.12, Poes Road,
Off: Eldams Road, Teynampet,
Chennai – 600 018
Phone: 044 - 4341 8700 Fax: 044 - 2434 0376
chennai@bharatre.in

Coimbatore
A.M.I Midtown, Shop No.3,Third Floor,
25A-4/1,DB Road, RS Puram
Coimbatore – 641 009.
Phone: 0422-2548 991 Fax: 0422 - 2548 993
coimbatore@bharatre.in

Madurai
109, First Floor,  North Perumal Maistry Street
(Nadar Lane)
Madurai - 625 001
Phone: 0451- 2420 205 Fax:0451-2420205
madurai@bharatre.in

Mumbai
Gayatri Chambers, 27/29,Ground Floor,
Dr.V.B.Gandhi Marg, Mumbai-400 023
Phone: 022- 4302 2401 Fax : 022- 4302 2417
mumbai1@bharatre.in

Mumbai
206, Heena Shopping Arcade, 2nd Floor, S V Road,
Jogeshwari (W),  Mumbai – 400 102.
Phone:022-2679 2138, 022-2679 8055, Fax: 022-2679 0463
mumbaijbu@bharatre.in

Mumbai
401-A, Prathmesh Tower,
Raghuvanshi Mill Compound, Tulsi Pipe Road,
Lower Parel, Mumbai - 400 013.
Phone:022-2495 4452 Fax :022-2495 4453
mumbaiparel@bharatre.in

Mumbai
Room No. 309 & 310,Third Floor,
Mahinder Chembers, Plot No.619 / 28 W.T.Patil Marg,
Chembur,Mumbai-400 071
Mobile:+91 77386 12947
mumbaichembur@bharatre.in

New Delhi
C-485, Defence Colony,
New Delhi – 110 024
Phone:011-5155 2113
011-5155 2115-18
delhi1@bharatre.in

New Delhi
No.1001, Ground Floor Naiwala,
Arya Samaj Road, New Delhi -110 005
Phone:011-4501 2699
delhi2@bharatre.in

Puducherry
15 Third Floor, Rangapillai Street,
Puducherry 605 001
Mobile:+91 93600 78384,  +91 94423 99111
Pondy@bharatre.in

Pune
Sadanand Apartment,
5th Floor,  Gokhale Nagar Road,
Opp. Homi Bhabha Hospital Model Colony
Pune-411 016.
Phone: 020 2567 2018, Fax: 020-2565 5019
Pune1@bharatre.in

Pune
1201/17E,dream Presidency,
Opp:Apte Road, Shivaji Nagar,
Pune-411 004
Phone:020 2552 0023, 020 - 2553 2114
Fax: 020 255 34769
pune2@bharatre.in

Rajkot
118, J. P. Tower,  Tagore Nagar,
Rajkot – 360 002.
Phone:0281-2464631 Fax: 0281-2464632
rajkot@bharatre.in
Secunderabad
H.No. 1-1-130,144/308,
III Floor, “Navketan Towers”, Opp: Clock Tower,
S D Road, Secunderabad - 500 003.
Phone: 040- 2771 4006
Fax: 040- 2771 4007
rajkot@bharatre.in

Surat
M-10,Athawa Arcade, Athawa Gate Near Jain Temple,
Surat-395 001
Phone:0261-2465279
surat@bharatre.in

Tirupur
291,S.M.Complex,First Floor
Opp: Pattatharasi Amman Koil Mangalam Road,
Tirupur-641 604.
tirupur@bharatre.in

Trichy
Sree Complex, No.21,
Madurai Road, Trichy – 620 008.
Mobile:+91 9600 18724
trichy@bharatre.in

Vadodra
705, Galav Chambers,
Sayajigunj, Vadodra - 390 005
Phone:0265-553 6296
Fax:0265-234 1446
vadodara@bharatre.in

Visakhapatnam
14-1-2/B, II Floor,  Nowroji Road,
Maharanipeta,  Visakhapatnam 530 002
Mobile:+91 98496 96422,
+91 94934 26575
vizag@bharatre.in


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