Bhaichand Amoluk

  

Our Activities


BHAICHAND AMOLUK's operations can be broadly classified as follows: 

Direct and Retail Insurance Broking
Consultancy Operations
Reinsurance Broking


 

Direct and Retail Insurance Broking:

We provide the basic services of insurance broking/agency operations by procuring normal day-to-day insurance covers for all our valued customers in all the areas of non-life insurance.

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Consultancy Operations:

We provide our Professional and technical Consultancy Services for all types of non-life insurances, risk management and Claims Settlement. This includes handling of the special rating and industrial all risk insurance formalities of the Indian Tariff Advisory Committee / Insurance Regulatory Authority as well as acting as Lender's Advisers on Privately Financed Independent Power and other Infrastructure Projects.

Under this activity, we have serviced most of the Indian Corporate World as well as a host of Multinational Corporates having operations in India. In fact, we were the Indian representative associate / member of the now dissolved, UNISON insurance servicing global network.
   

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Reinsurance Broking:

BHAICHAND AMOLUK have been providing Professional reinsurance placement services both Treaty and Facultative to the Indian Insurance Industry, both Inwards and Outwards since three decades.



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Our niche areas of operation under all the above are as follows:

Credit and Political Risk Reinsurance
Infrastructure and Power Projects Insurance
Financial and Professional Insurances
Aviation & Space

  

Credit and Political Risk Reinsurance:

We are the SOLE broker responsible for arranging reinsurance programs for the Export Credit & Guarantee Corporation of India since last two decades. Apart from that, we provide this service on a facultative basis to prestigious Indian Corporates for their projects overseas especially in the area of Performance Bonds, guarantees etc.
   

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Infrastructure and Power Projects Insurances:

We provide a host of services in this area comprising mainly of the following :

  • Project Insurance advisory services to promoter developers.
  • Insurance advisors to lender's both International as well as Domestic on private non-recourse funded projects.
  • Reinsurance placement services for comprehensive construction all risks programme inclusive of advance loss of profits and delay in start up.
  • Claims handling/settlement services.
  • Advisory/placement services for the operations and maintenance phase once construction of project is complete.


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Financial and Professional Insurances:

We are specialist in arranging financial and professional crimes insurance and reinsurance especially for financial institution like Stock Exchanges, Banks, Stock Brokers, Mutual Funds etc. We are responsible for arranging comprehensive insurance programmes of The Bombay Stock   Exchange, Stock Holding Corporation of India etc.

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Aviation & Space:

We can arrange tailor-made Aviation Insurance and Reinsurance for all kinds of aircraft's, including liability and other aviation covers like Refueling Liability, Airport/Hangars Liability etc.

We are responsible for arranging these types of covers for a host of Indian clients both private and public sectors including Government undertakings.

We can also handle fleet insurances of big and small airlines.

We can also offer insurance and reinsurance services in the are of space insurance, mainly for satellites including pre-launch, launch and post-launch phases. We have played a role in each of the Indian Satellites(INSAT series) launched till date.

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