Mahindra Insurance Brokers Limited (MIBL), set up in 2004, is a subsidiary of Mahindra & Mahindra Financial Services Limited and part of the $20 billion Mahindra Group. A licensed Direct and Composite Insurance Broker, MIBL is a one-stop shop for insurance solutions.
We provide direct insurance broking for Corporates, Small & Medium Enterprises and Retail customers, and a range of products for Life and Non-Life insurance.
We understand that for our customers, their vehicle is not just a means of transportation, but it is the most prized possession for them. In the non-life segment, we have been assisting our customers right from buying motor insurance policy till claim settlement.
IRDAI in 2017 introduced the Motor Insurance Service Providers guidelines, which list down the criteria for enrollment of Automotive Dealers as Motor Insurance Service Providers (MISPs), which can be enrolled either through an insurer or an insurance intermediary.
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Explore our comprehensive solution for all your motor insurance needs. Here are some of the advantages for automotive dealers:
Ensure by Mahindra (EBM)
Complete Digitised Solution for M&M Automotive Dealers
The Ensure By Mahindra (EBM) portal is designed to provide comprehensive solutions to M&M Automotive Dealers (MISPs) and customers. Right from policy issuance to hassle-free claim settlement, EBM is a one-stop solution for MISPs to ensure a ride without any hiccups
Keeping the convenience of our MISPs and comfort of their customers at its core, EBM is designed to provide end to end insurance solution. Be it ease of policy issuance, timely renewals, policy modifications or assistance during claim settlement, EBM has an array of benefits that can help MISPs to serve their customers better.
Complete Digitised Solution for Swaraj Tractor dealers
TracPro is a portal designed to provide comprehensive solutions to M&M and Swaraj tractor Dealers (MISPs) and customers. Right from policy issuance to hassle-free claim settlement, TracPro is a one-stop solution for MISPs to ensure a ride without any hiccups.
Keeping the convenience of our MISPs and comfort of their customers at its core, TracPro is designed to provide end to end insurance solution. Be it ease of policy issuance, timely renewals, policy modifications or assistance during claim settlement, TracPro has an array of benefits that can help MISPs to serve their customers better.
As an intermediary, we have been able to enroll 1500+ dealers as MISPs across the country, who are the backbone of our ecosystem. With the support from these MISPs, we have been able to serve more than millions of customers, right from policy issuance till claim settlement.
Our Pan-India Reach
Through our strong network of 1500+ branches across the country, we are just a call away from our MISPs. Our dedicated field team is always ready to assist MISPs on any front, when it comes to insurance. Right from policy booking into the system, tracking of distribution fee to claim assistance, our local field team along with the team at the head office, always strive to support our MISPs every step of the way.
Our expert team regularly gives training to the MISP team on various aspects of motor insurance, and interacts with surveyors and insurers to ensure fair settlement of claims. This team even interacts with OEM, repairer and investigators in case of any technical disputes. We have many stories of many happy customers and MISPs that can be watched on our YouTube channel
Claim Settlement Support
We can proudly say that we have a dedicated team for claim settlement at regional as well as central level. With their hard core technical skills and strong hold with insurance companies, our team always ensures that MISPs and their customers have hassle free and faster claim settlement.
Business Protection for the MISPs
We at Mahindra Insurance Brokers, always believe that protecting any business is our responsibility and not just our job. So, we facilitate a bouquet of insurance solutions which can not only protect MISP’s business, but also help to motivate their employees. Insurance solutions such as 360 Degree Dealer Package Policy, Trade Plate Policy, etc, can protect MISP’s business and assets from uncertainties and at the same time Group Medical Policy can protect their employees, which gives them a sense of financial security during an unfortunate event. This further motivates these employees and can act as a tool to reduce the attrition rate.
Ease to do Business
Our dedicated, qualified and experienced field team is always available, so you can offer a seamless and hassle-free insurance journey to your customers, from policy issuance to claim settlement. Our dedicated call center team provides assistance throughout the process. We also offer customised group health and personal accident cover to your employees for their financial security during medical emergencies; helping you with employee retention.