• 01 Overview
  • 02 Classes of Business
  • 03 Why Mahindra Insurance Brokers
  • 04 Business Presence
  • 05 Our Team
  • 06 Contact Us


    Mahindra Insurance Brokers Limited (MIBL) started operations in 2004. After establishing retail and direct business, MIBL obtained a composite license to start the reinsurance business in 2012.

    Since then, it has been an exciting journey with Indian clients, insurers, group clients, reinsurers worldwide and the reinsurance broking fraternity across the globe. As a Reinsurance Intermediary, MIBL arranges reinsurances with reputed, ably rated and financially sound reinsurers to help insurance companies protect their capital and balance sheet. 

    We provide end-to-end solutions from policy issuance to capacity to our group clients through our wide network of insurers, reinsurers and brokers worldwide.

    Our team brings in domain knowledge, product expertise and international network, which is ably supported by a team of professionals handling processes, documentation and claims. We are an organization that is always adaptable to change and constantly strive to offer our expertise, innovation and skills to our clients.

    Role of MIBL

    • For the domestic market, we fetch capacity and expertise of international reinsurers for the Indian insurers which include simple and complex risks
    • Developing international business for Insurers/Reinsurers based in India, as well as sourcing capacity for insurers based in various countries
    • Innovation and niche product development for the market
    • Risk and claims management services

    Classes of Business



    • Mega Package Policies
    • Industrial All Risk Policies
    • Erection All Risks Insurance
    • Contractors All Risks Insurance
    • Marine Cum Erection Insurance
    • ALOP and DSU
    • Boiler Insurance/DOS

    Marine (Hull & Cargo)

    • Bulk/Project/Oil and other types of cargo
    • Rejection Insurance
    • Hull & Machinery Insurance
    • Protection & Indemnity Insurance
    • Liabilities - Charterers, Stevedors, Shipowners, Freight Forwarders etc.

    Specialty Lines

    • Fine Arts & Specie
    • Terrorism & Political Violence
    • Jewellers Block and Terrorism
    • Global Programs
    • Event Insurance
    • Cash Management
    • Kidnap & Ransom

    Casualty and Financial Lines

    • Directors & Officers Liability
    • Professional Indemnity
    • Tech E & O
    • Commercial General Liability
    • Public & Product Liability with recall

    Aviation & Aerospace

    • Hull All/Hull War Risks
    • Combined Single limit
    • Hull Deductible
    • Excess War Liability
    • Aviation Liabilities: Products, Premises, Hanger keepers, Ground Handlers, Refuellers, Airport operators
    • Aviation PA & LOL
    • Satellite Insurance



    • Quota Share
    • Surplus Treaty
    • Quota Share cum Surplus
    • Fac Obligatory Treaty
    • Multiline Proportional

    Non Proportional

    • Net Account XL
    • Whole Account XL
    • Marine Excess of Loss
    • Aviation Excess of Loss
    • Stop Loss Covers for specialty classes
    • Pure Fac Excess of Loss Cover
    • Liability Treaties – Proportional & Non-Proportional
    • Marine & Energy Excess of Loss

    Why Mahindra Insurance Brokers


    Technical Advice and Consultancy


    Structuring Fac and Treaty solutions for insurers


    Excellent relations with major Reinsurers, Lloyds brokers and ability to secure best terms


    Identifying the right lead-Reinsurer and negotiating best terms


    SOP driven documentation and claims process

    Business Presence Across the Globe

    Through our Reinsurance Broking business, we have established business relations in over 40 countries. Our reinsurance division has business partners in USA, UK, Korea, Russia, Australia, etc. with expertise in all classes of business.

    Our Team

    • The reinsurance team is headed by an expert in the reinsurance business.
    • Ably assisted by professionals in reinsurance broking, and underwriting experience in the Middle East, Far East and India.
    • The team has a diverse background and is experienced in handling both Treaty and Facultative Reinsurance
    • Expertise in handling various lines of business such as Aviation, Energy, Marine, Liability, Property, Terrorism, etc
    Nitin Firke

    Nitin Firke

    Chief of Reinsurance
    Akash Soam

    Akash Soam

    Deputy Chief - Reinsurance
    Bhushan Bhere

    Bhushan Bhere

    Deputy General Manager - Accounts & Compliance
    Joydeep Das

    Joydeep Das

    Assistant Vice President - Reinsurance
    Pronoy Das

    Pronoy Das

    Senior Manager - Reinsurance

    Contact Us

    By submitting my contact details here, I override my NDNC registration and authorise Mahindra Insurance Brokers & its authorised representative to contact me


    Write to us : [email protected]