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Mahindra Insurance Brokers Limited (MIBL), set up in 2004, is a subsidiary of Mahindra & Mahindra Financial Services Limited and part of the USD 20 billion Mahindra Group. A licensed Direct and Composite Insurance Broker, MIBL is a one-stop shop for insurance solutions.

We provide direct insurance broking for Corporates, Small & Medium Enterprises and Retail customers, and a range of products for Life and Non-Life insurance.

We understand that for our customers, their vehicle is not just a means of transportation, but it is the most prized possession for them. In the non-life segment, we have been protecting vehicles of our customers and hand holding them right from issuance of motor insurance policy till claim settlement.

IRDAI in the year 2017 introduced the Motor Insurance Service Providers guidelines, which lists down the criteria for enrollment of Automotive Dealers as Motor Insurance Service Providers (MISPs), which can be enrolled either through an insurer or an insurance intermediary.

Why Mahindra Insurance Brokers

Dealer Network

As an intermediary, we have been able to enroll 1200+ dealers as MISPs across the country, who are the back bone of our eco system. With the support from these MISPs, we have been able to serve more than xxxxxx customers, right from policy issuance till claim settlement.

Benefits of Ensure by Mahindra (EBM)

We enable our MISPs to make their customers happy and at the same time help them grow their business. To facilitate selling of motor insurance, we have developed an in-house business portal- Ensure By Mahindra (EBM) for M&M Automotive Dealers, which is a single platform to sell insurance policies. Keeping the convenience of our MISPs and comfort of their customers at its core, EBM is designed to provide end to end insurance solutions. Be it ease of policy issuance, timely renewals, policy modifications or assistance during claim settlement, EBM has an array of benefits that can help MISPs to serve their customers better.

Our Reach

Through our strong network of 450+ branches across the country, we are just a call away from our MISPs. Our dedicated field team is always ready to assist MISPs on any front, when it comes to insurance. Right from policy booking into the system, tracking of distribution fee to claim assistance, our local field team along with the team at the head office, always strive to support our MISPs every step of the way.

Claim Settlement Support

We can proudly say that we have a dedicated team for claim settlement at regional as well as central level. With their hard core technical skills and strong hold with insurance companies, this team always ensure that MISPs and their customers have hassle free and faster claim settlement.

Training Support

Our expert team regularly gives training to the MISP team on various aspects of motor insurance, and interacts with surveyors and insurers to ensure fair settlement of claims. This team even interacts with OEM, repairer and investigators in case of any technical disputes. We have many happy customers and MISP’s stories which can be watched on our YouTube channel

Business Protection for the MISPs

We at Mahindra Insurance Brokers, always believe that protecting any business is our responsibility and not just our job. So, we facilitate a bouquet of insurance solutions which can not only protect MISP’s business, but also help to motivate their employees. Insurance solutions such as 360 Degree Dealer Package Policy, Trade Plate Policy, etc. can protect MISP’s business and asset from uncertainties and at the same time Group Medical Policy can protect their employees, which gives them a sense of financial security during an unfortunate event. This further motivates these employees and can act as a tool to reduce the attrition rate.

We welcome all automotive dealers to join hands with us, who really look forward to offer best insurance solutions and experience to their customers and at the same time keep high aspiration of growing their business.

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Why Mahindra Insurance Brokers

Dealer Network

As an intermediary, we have been able to enroll 1200+ dealers as MISPs across the country, who are the back bone of our eco system. With the support from these MISPs, we have been able to serve more than xxxxxx customers, right from policy issuance till claim settlement.

Benefits of Ensure by Mahindra (EBM)

We enable our MISPs to make their customers happy and at the same time help them grow their business. To facilitate selling of motor insurance, we have developed an in-house business portal- Ensure By Mahindra (EBM) for M&M Automotive Dealers, which is a single platform to sell insurance policies. Keeping the convenience of our MISPs and comfort of their customers at its core, EBM is designed to provide end to end insurance solutions. Be it ease of policy issuance, timely renewals, policy modifications or assistance during claim settlement, EBM has an array of benefits that can help MISPs to serve their customers better.

Our Reach

Through our strong network of 450+ branches across the country, we are just a call away from our MISPs. Our dedicated field team is always ready to assist MISPs on any front, when it comes to insurance. Right from policy booking into the system, tracking of distribution fee to claim assistance, our local field team along with the team at the head office, always strive to support our MISPs every step of the way.

Claim Settlement Support

We can proudly say that we have a dedicated team for claim settlement at regional as well as central level. With their hard core technical skills and strong hold with insurance companies, this team always ensure that MISPs and their customers have hassle free and faster claim settlement.

Training Support

Our expert team regularly gives training to the MISP team on various aspects of motor insurance, and interacts with surveyors and insurers to ensure fair settlement of claims. This team even interacts with OEM, repairer and investigators in case of any technical disputes. We have many happy customers and MISP’s stories which can be watched on our YouTube channel

Business Protection for the MISPs

We at Mahindra Insurance Brokers, always believe that protecting any business is our responsibility and not just our job. So, we facilitate a bouquet of insurance solutions which can not only protect MISP’s business, but also help to motivate their employees. Insurance solutions such as 360 Degree Dealer Package Policy, Trade Plate Policy, etc. can protect MISP’s business and asset from uncertainties and at the same time Group Medical Policy can protect their employees, which gives them a sense of financial security during an unfortunate event. This further motivates these employees and can act as a tool to reduce the attrition rate.

banner
banner

Why Mahindra Insurance Brokers

Dealer Network

As an intermediary, we have been able to enroll 1200+ dealers as MISPs across the country, who are the back bone of our eco system. With the support from these MISPs, we have been able to serve more than xxxxxx customers, right from policy issuance till claim settlement.

Benefits of Ensure by Mahindra (EBM)

We enable our MISPs to make their customers happy and at the same time help them grow their business. To facilitate selling of motor insurance, we have developed an in-house business portal- Ensure By Mahindra (EBM) for M&M Automotive Dealers, which is a single platform to sell insurance policies. Keeping the convenience of our MISPs and comfort of their customers at its core, EBM is designed to provide end to end insurance solutions. Be it ease of policy issuance, timely renewals, policy modifications or assistance during claim settlement, EBM has an array of benefits that can help MISPs to serve their customers better.

Our Reach

Through our strong network of 450+ branches across the country, we are just a call away from our MISPs. Our dedicated field team is always ready to assist MISPs on any front, when it comes to insurance. Right from policy booking into the system, tracking of distribution fee to claim assistance, our local field team along with the team at the head office, always strive to support our MISPs every step of the way.

Claim Settlement Support

We can proudly say that we have a dedicated team for claim settlement at regional as well as central level. With their hard core technical skills and strong hold with insurance companies, this team always ensure that MISPs and their customers have hassle free and faster claim settlement.

Training Support

Our expert team regularly gives training to the MISP team on various aspects of motor insurance, and interacts with surveyors and insurers to ensure fair settlement of claims. This team even interacts with OEM, repairer and investigators in case of any technical disputes. We have many happy customers and MISP’s stories which can be watched on our YouTube channel

Business Protection for the MISPs

We at Mahindra Insurance Brokers, always believe that protecting any business is our responsibility and not just our job. So, we facilitate a bouquet of insurance solutions which can not only protect MISP’s business, but also help to motivate their employees. Insurance solutions such as 360 Degree Dealer Package Policy, Trade Plate Policy, etc. can protect MISP’s business and asset from uncertainties and at the same time Group Medical Policy can protect their employees, which gives them a sense of financial security during an unfortunate event. This further motivates these employees and can act as a tool to reduce the attrition rate.

Healthpedia Newsletter February 2022