J.B.Boda Insurance & Reinsurance Brokers Pvt. Ltd.
Inception
The J.B.Boda Group is a pioneer of reinsurance broking in India. The Group started its operations in 1943 when insurance and reinsurance broking in India was unheard of, making it the first Indian Multinational Reinsurance Broking House. The J.B.Boda Group achieved sustained growth, enhancing value for clients globally.
Objective
The endeavours of insurance and reinsurance broking were established under the banner of our parent company, J.B.Boda & Co. Pvt. Ltd. The IRDAI opened up the market for insurance broking in India between the years 2002-2003. J.B.Boda Insurance Broking was launched in 2004 to cater directly to corporate clients. Another venture, J.B.Boda Reinsurance Broking, was established under a separate license to undertake the reinsurance broking activities. Later, the two entities – J.B.Boda Insurance Brokers and J.B.Boda Reinsurance Brokers – were merged in 2017 as a composite venture under J.B.Boda Insurance & Reinsurance Brokers Pvt. Ltd.
Company expanse
The Singapore office, J.B.Boda & Co. (S) Pte. Ltd., commenced business in the early 1980s, catering to the Far East, ASEAN, and other Asian markets. To cater to the UK, European, and Caribbean markets and undertake placements throughout the globe in the niche and traditional segments we started our UK operations in 1986, registered as J.B.Boda & Co. (U.K.) Ltd. The UK office was the first Indian Lloyds Broker enumerated in 2002. With the expansion of business worldwide, we strategically located our representative offices in Dubai, Kenya, Nepal, Bangladesh, Morocco, Egypt, Indonesia and Nigeria.
Services
The services offered by J.B.Boda –
Insurance Broking
Non Life
- Property
- Engineering
- Machinery Breakdown
- Industrial All Risks
- Port Terminals
- Mega Risks
- Marine, Hull & Cargo
- Containers
- Multi Modal Transport
- Financial & Casualty
- Credit – Domestic & Export
- Miscellaneous Accident
- Accident, Medical & Health
- Aviation
- Media & Entertainment
- Event Cancellation
- Sport
- Kidnap & Ransom
- Employee Benefit
- Fidelity Guarantee
- Affinity
- Motor
- Extended Warranty – Automobile, White, Brown, Grey Goods
- Jewellers Block
- Overseas Travel
- D&O, E&O, Professional Indemnity, Public Liability, Product Liability, Third Party Liability, Bankers Blanket Bond, Clinical Trials
- Cyber Liability
- Weather Derivatives Product
on Renewable Energy - Lenders Insurance Advisory
Service - Risk exposure inspection, analysis and consultation for insurance purchase
- Insurance due diligence study – portfolio analysis
- Negotiation, insurance placement & claims services
- Claims Consultancy Services
- Projects
- Risk Inspection
- DSU (Delay in Startup)
- Marine Transit
- Erection All Risks
- Contractor’s All Risks
- Contractor’s Plant & Machinery
- ALOP (Advance Loss of Profit)
- Services to MNC’s
In addition as required we provide:- Model can be designed and structured to support and provide services to global clients in India together with their local policies, and arranging global programmes for Indian multinational clients for their operations worldwide
- Facilitating insurance due diligence reports for Merger & Acquisition
Life
- Employee Group Term Insurance
- Group Insurance Scheme (EDLI
Scheme) - Group Term Life Insurance Scheme
- Retail Life Insurance
- Life Insurance Scheme
- Pension Scheme
Reinsurance Broking
Non Life
- Treaty and Facultative Reinsurance
- All classes – Fire, Engineering, Motor, Marine Hull,
Cargo and specialised classes viz. Agriculture & Livestock,
Accident, Medical & Health, Bond, Aviation, Political
Violence & Terrorism, Cyber, Credit – Domestic & Export,
Credit Life, Oil & Gas, Port Terminals & others - Cat Modelling
- Structured solutions
- Alternative Risk Transfer (ART) solutions
- Technical Analysis & Suggestions
- Designing suitable reinsurance programmes
- Obtaining lead terms
- Placement of reinsurance programmes in the international markets with reputed securities
- Preparation of treaty documents, settlement of accounts and claims servicing
- Training & Seminars
- Other related services
Life
- Treaty and Facultative Reinsurance
- Technical analysis & suggestions
- Reviewing & designing suitable
reinsurance programmes
Placement of reinsurance programmes
in the international markets with
reputed securities - Preparation of treaty documents,
settlement of accounts and
claims servicing - Arrangement of Life Retrocession
programme - Customising & developing
new product - Technical analysis & suggestions
- Training & Seminars
- Other related services
Contact
Mr. Ojas Majmudar (for Reinsurance Broking) ojas@jbbodamail.com | Phone: +91 77380 82752
Mr. Saroj Satapathy (for Insurance Broking) saroj.satapathy@jbbodamail.com | Phone: + 91 9930002900
Dr. Vinayek Jirafe
Grievance – grievance@jbbodamail.com
Complaints – complaints@jbbodamail.com
For any business enquiries please call +91 22 66314949
For more contact information, download our contact directory
CIN: U66010MH2002PTC138193
We bring years of wisdom with our global experience to cater to our clients locally and globally.
Services
Group Companies
Connect
J.B.Boda Group, Maker Bhavan 1, Sir V. Thackersey Marg, Mumbai – 400 020
Every licensed insurance broker shall display, in all their correspondences with all stakeholders, their name registered with the Authority, address of the Registered and Corporate Office, IRDA license number, the category for which the insurance broker is licensed, the validity period of the license. Insurance brokers are not permitted to use any other name in their correspondence/literature/letterheads without the prior approval of the Authority.