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
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