Mahindra Insurance Brokers Limited (MIBL), a premier composite insurance broking company serving small and medium enterprises and companies in rural and semi-urban areas of India, has launched ‘Partnership’.
Partnership is a unique partnership program designed to identify, question and prepare a team of Certified Point of Sales Person (POSP) for distribution of insurance through physical and digital (physical) modes. The POSP model is regulated by the Insurance Regulatory and Development Authority of India (IRDAI).
MIBL will strive to make the partnership more effective by leveraging its vast geographic presence in India’s rural and semi-urban markets. Through this partnership, MIBL aims to empower the people of these markets by providing them an alternative means of livelihood and increasing insurance awareness and penetration in the country.
Through this program customers from rural areas will be able to get health, non-health and life safety solutions locally. Managing Director of Mahindra Insurance Brokers Limited, Dr. Jaideep Devere said, “Mahindra Insurance Brokers has been protecting livelihoods and providing insurance cover all over India for 15 years, since its inception, 1.25 crore in 3,00,000 villages. There were more insurance cases than.
We are constantly re-inventing our offerings and effectively leveraging new age technology to bring positive changes in the lives of our customers. We believe that these innovations have helped us build solutions around affordability, while also providing customers with simplicity, flexibility and convenience.
Our ultimate goal is to reach every Indian household with an insurance solution, thus improving economic resilience. ‘Partnership’ is a unique program designed to identify potential partners at the local level, provide them support through training and knowledge sharing, and help them expand insurance solutions in the deepest pockets of the country Provide end-to-end digital solutions to help.

