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Aditya Birla Insurance Brokers Limited, an Aditya Birla Capital Company



 

Aditya Birla Insurance Brokers Limited ("ABIBL"), a subsidiary of Aditya Birla Capital Limited, is a leading composite insurance broker and regulated by the Insurance Regulatory and Development Authority of India ("IRDAI"). ABIBL is in the business of integrated insurance advisory services for companies and individuals.

ABIBL also offers re-insurance solutions to insurance companies and has developed strong relations with Indian as well as global insurers operating in India, South Asia, Middle East and South-East Asia. ABIBL is among the leading players in the retail industry and enjoys a strong presence in the corporate business industry where it provides solutions to a vast array of sectors ranging from manufacturing and metals to financial services. Its market share has grown from 2.62% in fiscal year Q1-FY19 to 2.75% in Q1-FY20 (Industry Source: General Insurance Council). ABIBL reported revenues of over Rs.135 Cr. in Q1 FY20 and premium of Rs. 1162 Cr in Q1 FY20.

ABIBL aims to simplify the complex world of general insurance for its customers. It employs a team of experts to analyse a client's business and estimate the level of risk exposure before structuring an appropriate general insurance solution. ABIBL focuses on developing cost-effective and customized insurance packages while ensuring that the process of claim settlements is swift and painless. ABIBL has access to a range of products and solutions in the general insurance market ensuring that its clients are provided with comprehensive risk management strategies.

Aditya Birla Capital Limited (ABCL) is the holding company for the financial services businesses of the Aditya Birla Group. With subsidiaries that have a strong presence across Protecting, Investing and Financing solutions, ABCL is a financial solutions group that caters to diverse needs of its customers across their life cycle. Powered with more than 18,000 employees, the subsidiaries of ABCL have a nationwide reach with 850+ branches and more than 2,00,000 agents/channel partners and several bank partners.

Aditya Birla Capital is a part of the Aditya Birla Group, a USD 48.3 billion Indian multinational, in the league of Fortune 500. Anchored by an extraordinary force of over 120,000 employees, belonging to 42 nationalities, the Aditya Birla Group operates in 34 countries across the globe.



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