Nature of Business
Legal Status of Firm
Private Limited Company
Alliance Insurance Brokers Private Limited - Service Provider of aviation & aerospace, banks & financial institutions & leisure insurance service in Pune, Maharashtra.
With liberalisation, the Aviation industry in India has undergone a rapid transformation and is poised for significant growth over the next few years, both in terms of infrastructure and aircrafts.
Aviation insurance policies are complex and purchasing one "off the shelf" is risky. The unique risk and exposure profiles in Aviation insurance demand exceptional broking skills and a keen knowledge of the industry. As an independent broker, we enjoy the flexibility of working with both domestic and overseas insurance markets. We ally current risk management practices with intimate knowledge of the global Aviation insurance underwriting marketplace.
We maintain an intelligence gathering network with our counterparts in other major market areas, keeping us informed of all developments in the aviation and aviation insurance industry as well as regulatory and legislative areas.
By creating different ideas, we travel against the grain to create new trends to benefit each individual customer.
Alliance has been a pioneer in Aviation Loss of Licence Insurance for pilots in India. We are the first to offer individual pilots a Sum Insured Limit of INR 1.00 crore. We are associated with leading pilot associations in India and operate a highly successful Loss of Licence program insuring more than 300 individual pilots across the country.
Our aim is to deliver the best possible service to our aviation clients and to provide innovative insurance packages at low cost, without compromising the coverage or quality of the InsurerProducts and Services
With the opening up of the Indian economy, exposures to international financial markets and introduction of new products and services, the Indian financial sector is moving towards an impressive growth path. This transformation has led to high risk exposures within the industry, be it financial, legal or operational.
Alliance provides structured insurance solutions and risk management services to all clients. Our enriched experience and expertise in this niche sector enables us to understand the risk exposures and manage the same prudently. With increased competition, introduction of schematic products under highly regulated environment increases the complexity of risk management. Insurance solutions are to be structured to provide optimal coverage to Banks and Financial Institutions.
The need of the hour is to have an innovative approach in identifying and covering the risks. Banks and Institutions should maximize the possibilities of de-risking their exposures with an adequate insurance program to protect their balance sheet.
Alliance ensures their clients are covered for the exposures it faces in its day to day activities at a reasonable cost. This would enable the client to focus and ensure smooth functioning of their core business activities.Products and Services
Leisure and hospitality trade industry is poised for substantial growth and expansion with significant challenges in terms of property, liability and financial exposures. Leisure operators of all types are finding risk management and protection increasingly important.
From luxurious chains of hotels and resorts, authentic and traditional spas, health and fitness centers, attractive holiday parks, gaming and theme parks to sparkling and glitterati night clubs, pub estates, casinos etc, Alliance provides insurance and risk management to all of these clients.
Alliance has a dedicated and experienced Leisure professional team which adds immense value towards the risk minimization and risk transfer process in devising Leisure insurance programs. True to the Alliance Client Advocate approach, we go beyond the traditional aspect of insurance broking and seek to develop proactive, consultative relationships that offer unique perspectives on how clients can utilize insurance to help reach their financial goals.
Alliance has an exclusive relationship not only with Indian insurers but also global reinsurers, giving us the advantage in placing Leisure related risks on the best technical and financial terms by accessing international policy wordings.
Products and Services
Commercial General Liability
Directors and Officers Liability
Kidnap and Ransom
Employee Benefit Programs
In the current economic scenario, where different forays of business are gauging increasing importance, amongst these is the Sports sector which is portraying its vibrancy and exhilaration. World-over, as Sports has always been one of the areas of interest for the masses be it cricket, soccer, golf, tennis to name a few, the contingencies attached to it are also becoming known. Considering the commercial aspect of the unknown factor involves high economic value which could be adverse and the same can be shielded by way of insurance.
A sporting event like an Indian Premier League (IPL) can be hampered by adverse weather conditions leading to cancellation of the matches or a FIFA World Cup could be affected by a terrorist attack and so on. All these uncertainties can be covered by way of a Comprehensive Sports Insurance Cover.
Broadcasters of live events carry high risks as huge revenues are at stake. Designing structured insurance solutions depending on the various exposures of the associated entities is the need of the hour.
Alliance has in-house expertise in the sports sector on various sports related structured solutions. Having mentioned that, Alliance is the first broker in the country to structure covers like "Player Loss of Fees" and "Player Bonus" insurance covers which has helped in minimizing high risks associated to this line of business.Products and Services
Risk Management in its truest sense implies the process of analyzing the exposures to risk and determining how to best handle such exposure. It is a detailed process which involves technical know-how of the insurance subject and its implication son the exposures at risk.
We at Alliance provide Risk Consulting management services which involves the following steps:
Power & Energy sector is typically characterised as a complex and capital intensive industry having long gestation periods with adverse risk profiles, also as it is a highly prioritised sector in terms of the development of an economy at large, it requires a great deal of focus and attention.
As the financial investments in these projects are huge, there is a need for critical analysis in minimising risk exposures at operation and construction phase. In India Power / Energy projects are prone to delays due to political compulsions and an insurance cover for such a risk can minimize the losses due to such delays.
This sector also involves a lot of exposures which range from energy on-shore and offshore risks, energy liability risks, credit risks, construction risks and so on and hence the limits of liability at stake are also very high.
Alliance team of experts bring in comprehensive solution in designing suitable risk transfer mechanism and risk management to suit the specific need of the particular project/operational activities. We have the resources required to comprehend the exposures, analyse the gaps and map a pathway to fill-up the gaps.
Products and Services
Risk Mitigation Consulting
Directors and Officers Liability
Delay in Start-up, and Advance loss of profit
Alliance Insurance Brokers Private Limited
Swapnapurti Bunglow, More Wasti, Chikhali Road, Chikhali, Chinchwad,
Pune-411019, Maharashtra, India