Why we’re an Insurance Agency... And why it matters to you.

Havmore Insurance Brokers Pvt. Ltd. (HIBPL) has its registered office in Mumbai. We obtained the license from the ‘Insurance Regulatory and Development Authority’ (IRDA) of India on 16th December 2004, to operate as insurance broker.

As expert and experienced insurance brokers, we offer a full array of risk management products, services and solutions that can be integrated, custom-designed and delivered through a seamless distribution network to meet marketplace challenges. While maintaining the professional relationship with the stakeholders we represent the insurance buyers, so as to serve their interests and not that of the insurance companies with zero additional cost to the insurance buyers for placing the business through us.

1. Service:
   • Brokers offer personalized service, finding the right policy from various insurers they work with, ensuring tailored coverage at competitive premiums.
   • Their expertise in complex insurance matters, like professional indemnity, provides valuable insights and ensures you get the coverage you need.
   • Brokers handle mid-term changes and queries personally, fostering a more responsive and customer-centric approach compared to large call centers.


2. Cover:
   • Unlike direct insurers offering standardized policies, brokers recognize unique needs, such as unusual business activities or high-value property, and arrange customized coverage with suitable insurers.
   • They navigate the complexities of professional indemnity and public liability insurance, ensuring you receive coverage tailored to your specific requirements.


3. Price:
   • Contrary to belief, brokers often secure cheaper policies due to their ability to negotiate lower rates with insurers.
   • Insurers view broker-mediated business as lower risk, as brokers thoroughly assess risks and match customers with appropriate coverage, reducing claims and maintaining premium income.


4. Claims:
   • Brokers advocate for you during claims, representing your interests and ensuring a smoother, more favorable claims experience.
   • Their expertise in policy technicalities and ability to argue disputed claims on equal footing with insurers can significantly impact claim outcomes, increasing the likelihood of successful claims settlements.
   • It's crucial to choose a broker regulated by the Financial Conduct Authority and affiliated with reputable trade bodies like the British Insurance Brokers Association to ensure adherence to industry standards and practices.