With 15 years of successful operations on the direct broking side, ARIBL is required to expand its scope of services to its existing clientele and utilize its vast network of contacts in the insurance industry. It is a natural progression for ARIBL to venture into reinsurance (RI) broking business.
In tune with Anand Rathi Group’s philosophy of ‘Organization first’, ARIBL has put in place an experienced Reinsurance team comprising of years of experience and specialist knowledge in the field of insurance and reinsurance. The team also has members with vast experience in specialty and green field areas of insurance.
The Group’s superior in-house IT capabilities are utilized to develop robust and comprehensive RI Administration and Database software.
In July 2017, ARIBL is granted a composite license by the Insurance Regulatory and Development Authority of India.
ARIBL reinsurance team strives to utilize the Reinsurance as a means to achieving a fine balance between a proper spread of the risks underwritten by Indian Insurance companies across the world, and Maximizing retention of risk within India as mandated by the Regulator and the Indian Government. ARIBL RI team is eminently qualified in assisting and advising Indian Insurers in transferring the portfolio risks to reinsurers, safeguarding their balance sheets and aiding stability of business operations.
ARIBL RI team firmly believes in the Group’s motto of persistent investment in acquiring expertise, regular skill development of members and acquisition of latest and modern tools required for “forging forward fearlessly” as our logo suggests.
We redefine the productivity of sectors we operate in by bringing in domain expertise in finalizing the terms with appropriate reinsurers in the best interests of clients. We strive to deliver state-of-the-art customized solutions to our customers and nurture long term business relationships.
ARIBL provides expert services in all types of reinsurance across lines of business in facultative and treaty business. It has specialist advisors on its panel for negotiating tailor made customized solutions in areas like Cyber Insurance, Title Insurance, Standalone Terrorism etc.