MUMBAI, November 3, 2016 /PRNewswire/ --
As per a recent Ernst & Young report, the insurance market in India saw US $3.52 billion worth of premium written through the brokerage channel last year. With the number of firms opting for risk cover going up, prospects for the Insurance Brokerage services segment look bright. Lambach Insurance Brokers Pvt Ltd. offers users the entire range of risk and insurance products and solutions which comprises amongst others Group Health Insurance, Group Accident Insurance, Group Travel Insurance, Project Insurance, Property Insurance, Office Package Policies, Liability Insurance, Marine Insurance and Professional Indemnity Cover. Lambach follows globally renowned practices in broking services and also specializes in risk and specialty product practices, claims advocacy, risk management and consulting. Lambach deals in Policies from all the 29 IRDA licensed players currently operating in the market. The products and services have the backing of leading veterans in the field of insurance who boast of a collective experience of more than 100 years in strategizing and managing cover for reputed clients which include Investec Capital Services (India), Gammon India Ltd, V Ships India, Ashapura Group, Bharat Wire Ropes Limited, PPD Pharmaceutical Development India, Alok Industries, Sapat Group and IIT Bombay.
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Lambach Insurance Brokers Pvt Ltd. is committed to safeguard firms against all kinds of risks. Industrial All Risks Policy offers protection from a wide range of risks - financial risks pertaining to excessive claims costs, operational risks arising due to dysfunctional machinery and workforce, strategic risks concerning employee attrition and brand image loss. For the Standard Fire and Special Perils Policy, the risk management team at Lambach expertly assesses the cost of risk taking into account Claim management and total insurance expenses, administration costs and loss control operation costs incurred. The loss exposure of any firm is studied in relation to fixed/current assets and civil and statutory liabilities in the Errors & Omission Policy. The Officers Liability Policy shields companies against costs incurred due to the sudden death or debilitation of personnel.
At the helm of affairs at Lambach is Mr. Mayank Mittal, a Harvard-educated management graduate - He is the Director who does the core decision making in the company. His multifaceted expertise in the domains of business, customer service, technology and finance makes him ideally suited to lead from the front. Mr. Niraj Jain is the Chief Executive Officer of the company. A management graduate from Jamnalal Bajaj, Mr. Niraj Jain, brings more than a decade worth of experience in the Insurance Brokerage sector to the fore as he goes about cracking large business accounts while also excellently fulfilling the role of Client Manager. Ms Poonam Dosi is the Head of Process and Operations for Lambach Insurance and ordains the entire operations from the company's Mumbai-based hub.
When asked to comment on what makes the company stand out from the rest in the Insurance Brokerage services segment, Mr. Niraj Jain said, "The hallmark of our risk management practice is the use of risk control techniques that focus on reducing the severity of loss, transferring risk where appropriate and abstaining from venturing into loss-making activities. The expert team at Lambach makes use of the most modern trends and practices in risk financing, which prudently decides upon the capital investment methodology to be adopted to level off risk."
About Lambach:
Lambach acquired its Direct Broker's License from the Insurance Regulatory & Development Authority in the year 2002 following which it commenced operations in the direct insurance broking segment in the non-life business category. Since its inception, Lambach has been catering to the diverse requirements of its customers through its unique range of highly affordable product offerings and services. Over the years, the company has regularly won accolades from industry leaders and experts, who continue to lavish praise on the ingenuity of the management team in the implementation of best practices in the Insurance Brokerage sector. During its time in this business, Lambach Insurance has undergone five successful renewals with the IRDA, and has earned the 'Best Brokerage Firm' tag from market leaders in the general insurance business.
For more information, visit: http://www.lambach.in/
Media Contact:
Mr. Niraj Jain
[email protected]
+91-9820255292
Lambach Insurance Brokers Pvt Ltd.
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