: : : Welcome to Inspro Insurance Brokers Private Limited : : :





Our Role









Effectively, the primary role of an Insurance Broker can be summarised as follows:

  • To provide an in-depth analysis and evaluation of current and future risk exposures with an aim to provide solutions to such exposures.
  • To liase with Insurers and subsequently to procure the relevant Insurance on behalf of our clients.
  • Where necessary, to tailor policies to suit the differing needs of our clients.
  • To offer professional advice and assistance in the unfortunate event of a loss including the actual handling of claims procedures, negotiations, prompt settlements and recoveries.
  • To provide advice and assistance in the implementation of appropriate risk control mechanisms with an aim to minimise the frequency and severity of losses.
  • To be constantly abreast of current market conditions and to monitor the solvency, stability and change in corporate philosophy of insurers so as to ensure the highest level of security for the clients' interest.
  • In short, to act as agent of the client and to present his insurance needs to the insurance market in the best possible light.
Perhaps the following quote from the Foreword of Lloyds Diary printed by Lloyds of London Press Limited would best summarise the Role of an Insurance Broker :

"First, regarding the Broker, his duty is to represent the Assured; to discover his needs; to put his risks before the underwriters in as favorable a light as possible; to obtain the best terms for him when the Insurance is placed; and (if there should be a claim) to arrange the settlement, collect the money from the underwriters and pay it out in the right quarter. He must know the market; be able to select the most suitable underwriter for each risk; be sufficiently acquainted with the law to secure the contract of insurance in its right form; to prepare the policy and get it signed on behalf of the underwriters; give his help and guidance in the preparation and handling of claims; and generally to act as philosopher and friend to the clients who entrust him with their business"