A Prudent look at Corporate Insurance

What we do for YOU

About Prudent

The services we provide

What we do for YOU

Who is an insurance broker?

• We represent the BUYER of insurance – versus dealing with an agent / insurer directly – Caveat emptor

• We market the client’s risk to insurers – versus selling the insurer’s products to the client

• Comparable professionals:

– Your lawyer

– Your auditor

– Your investment banker

– Your finance banker

• We work with ALL insurance companies

Understanding YOUR risks

Evaluation of

current

insurance

1

Review present scenario

Interaction

with senior

management

2

Understand business

plans for tomorrow

Evaluate risk

gaps

3

Risk inspection, contract

study, review past losses

Suggest

insurance

program

4

Policy structures, suggested

underwriters, risk mitigation steps

5

Define values, delivery

commitments, SLAs

Place program

Why do I need Prudent?

• We get you the cover YOU need, not what is

convenient for the insurer

• Guidance and care required in a de-tariff, open

market scenario

• Insurance contract negotiation can be a

minefield (“Insurance is the subject matter of solicitation”)

• We specialize in custom designed policies (if you

have a unique problem, we probably have the solution)

• We invest in service – highest Servicing to Sales

ratio in the industry

How does Prudent add value?

We listen to you

We give you the advice that

you need

We help you take the right decision, see things clearly

We are accessible

At your doorstep

Around the world in over 90 countries

We make insurance

simple for you

What will Prudent do?

We manage pro-actively

We make things

efficient

We give you information

- Fast

- Accurate

We negotiate to

suit your best

interests

We are responsive

About Us

Who we are

• Leading Indian insurance broker

• End to end solution for mid-large size corporates

• Team of 260+ professionals

• Strong capabilities across all lines of business

• Very strong carrier relations and leverage

• Experience across a number of industries

• The only Indian insurance broker with pan-India

capabilities across all lines of insurance and

service capabilities across over 90 countries

Our philosophy

• We are a “people company”

• High service orientation

• Custodians of our clients’ assets

• We believe in relationships, $ don’t drive us

• Matrix team approach to client management

International capabilities • Working with over 250 multinational clients

• Partnering with leading brokers in over 90

countries

• True capability of developing integrated global

insurance programs

• Preferred partner for Global Employee Benefit

Specialists

• Independent working relationship with Global top

10 brokers

Proven capability of working with the world’s best

servicing your requirements GLOBALLY

Our capabilities – P&C • Property – mid market, large property risks

• Business interruption / loss of profit

• Engineering (CAR, EAR, advance loss of profit, machinery breakdown,

industrial all risk, electronic equipment)

• Global risk (integrated controlled master programs)

• Marine transit

• Workmen’s compensation

• Executive risk (D&O, Employment practice, crime, fiduciary)

• General liability, product liability and recall, umbrella

• Professional liability (finance, healthcare, architects, engineers, etc.)

• Specialty lines (technology risks, M&A, environmental, terrorism)

• Credit risk and factoring

• Corporate fleets

• Personal lines (home owners, automobile)

• Employee benefits

Our capabilities – Employee benefits

• Medical insurance

• Personal accident

• Life insurance

• EDLI

• Gratuity

• Superannuation

• Overseas travel

• Global medical programs

• Pooling

• Self managed programs

• Full service Property & Casualty

We understand insurance very well but our

strength is that we also understand your

business

Innovative “industry specific” solutions

Advice on valuation methods

Risk inspections and study to choose most

appropriate occupancy

Profiling of organization to create a risk map

Commercialization and business plan

Understanding your business

Comprehensive policy scrutiny

Coordinating the required paperwork

Internal and external communications strategy

Pricing strategy and consistency

Management of your cash deposit balance

and account reconciliation

Servicing your requirements

Comprehensive negotiation on depreciation,

salvage value, and technology upgradation

Study of innovation networks and

identification of best practices

Managing claims

Fully updated on the regulatory environment

Detailed presentation of your risk to insurers

Managing expectations and building

excitement around your risk profile

Managing insurance markets for you

Services Spectrum

Some Prudent clients

IT / ITES

Manufacturing

Retail & Infrastructure

Hospitality & Services

Pan India presence

Existing locations

•Mumbai

•Delhi

•Bangalore

•Chennai

•Pune

Mumbai

Bangalore

Delhi

Pune Hyderabad

Serviced locations

•Hyderabad

•Kolkata

Kolkata

Chennai

Why Prudent?

• Impeccable credentials

– Over 300 MNCs represented, over 1300 companies

use Prudent as their Insurance Broker

– Over 600,000 lives insured currently!

• The Prudent PROMISE

– Better coverage

– Better service

– Better terms

• Market reputation

Thank you