TATA Motors Insurance Broking And Advisory Services Ltd
Tata Motors Insurance Broking and Advisory Services Limited (TMIBASL), is one of the leading Insurance Brokers in India. The Company is part of the Tata Group, a global enterprise headquartered in India. As a Composite Broker, TMIBASL offers Reinsurance as well as Life and General Insurance solutions to corporates and their employees. It has empanelled itself with various public and private insurance companies to offer customized Insurance solutions to corporates and retail customers. Based on the review of client’s existing Insurance portfolio and future requirements; TMIBASL delivers options in terms of risk management and insurance solutions to its clients. The Company provides Reinsurance, Property, Marine Hull, Cargo, Construction, Energy, Employee Health and Benefits, Auto Fleet, Risk Management, Liability, Data Security Insurance to Corporates. It offers a seamless experience to its retail customers for purchase of Motor, Travel and Health Insurance.
The Company received a Direct Broker License from IRDAI on May 13, 2008 for undertaking General Insurance Business and in June 2018, TMIBASL was granted a Composite Broker licence by IRDAI. TMIBASL is a wholly owned subsidiary of Tata Motors Ltd, a leading global automobile manufacturing company.
Our Footprints :
The Company services its customers in 16 cities of India at over 140 locations through its 300+employees.
Value Proposition of TMIBASL:
Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise headquartered in India, comprising over 100 independent operating companies. The group operates in more than 100 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust'.
Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture. The revenue of Tata companies, taken together, is ~$100 billion. These companies collectively employs over 695,000 people.
There are 29 publicly-listed Tata enterprises with a combined market capitalisation (India) of about $144.79 billion (as on March 28, 2018). Going forward,Tata companies are building multinational businesses that seek to differentiate themselves through customer-centricity, innovation, entrepreneurship, trustworthiness and values-driven business operations, while balancing the interests of diverse stakeholders including shareholders, employees and civil society.