Professionalism, Technical Competencies, Experience, and Skills are a rare combination, which are required to handle insurance portfolio of clients on world class levels. These are now available to the clients through Amaze Insurance Brokers Private Limited getting the clients amazing benefits in terms of coverage, savings in premium, timely Renewals of Policies and expeditious and judicious settlement of claims. Dr. K Murlidhara Reddy is Managing Director and Principal Officer of Amaze Insurance Brokers. He is pioneer in the field of Insurance and Insurance Broking sector, India with 32 years industry experience.
Professional and Technically Competent Team
Amaze Insurance Brokers is licensed by Insurance Regulatory and Development Authority of India (IRDAI) vide License No. 549 on 24th February 2016. It has professionals with proven professional skills and technical competencies in insurance and insurance broking fields with decades of experience in managing insurance portfolios of clients ranging from SMEs to Big Corporates/Mega Projects/ Industries bringing in customer delight. It has well-defined Vision, Mission and Quality Policy. It is a company with Ethics, Values and Principles. It is committed to the objective of meeting Policyholder’s/client’s expectations. It is also committed to contribute to the healthy growth of the industry.
Excellence, Quality and Timely Service Delivery
Amaze Insurance Brokers’ vision is to establish and emerge as one of the most preferred Insurance Brokers, providing innovative solutions to ensure total customer satisfaction. In the process, it aspires to combine excellence, quality and timely service delivery with professionalism in risk coverage, premium management, claim handling, risk management and Insurance Portfolio Management services to all its customers. Sustainability will be the key factor whilst demonstrating and earning a reputation for good ethics and trusted services to all its customers.
Cost-effective and Comprehensive Insurance Solutions
Amaze Insurance Brokers’ mission is to be ethical, principled and value-based organisation setting new benchmarks in the industry. It aims to cater to the insurance needs of all sections of the society and all types of enterprises. It wants to provide cost effective and comprehensive insurance solutions to the clients. It prioritizes to bring in customer delight by adhering to the TATs in underwriting and claims settlement. Its mission is to design the best of its breed claims administration and management systems ensuring speedy settlement of claims and to deploy appropriate Risk Management practices across the clients’ portfolios.
Commitment to Quality Service
Amaze Insurance Brokers is committed to quality service that ensures total customer satisfaction which meets the expectations besides being the most preferred service provider in the market.
Towards this goal, Amaze Insurance Brokers is committed to providing quality advice through expertise in dealing with insurance products. It ensures that the products and services are efficiently and consistently provided on time to the customer for all their insurance needs at all times in terms of risk coverage, premium management, claim handling, risk management and Insurance Portfolio Management services.
Competent and Skilful Leadership
Dr K Murlidhara Reddy is a Professional with 32 years’ experience in managing insurance portfolios of clients ranging from SMEs to Big Corporate/Mega Projects/ Industries/ Government/Govt bodies bringing in customer delight. He has rich experience of working in Insurance Broking Field as MD and Principal Officer since January 2003. He is a Team Builder in various areas of operations like underwriting, claims, marketing, IT, client relations and Finance. He is known for high levels of competency in underwriting and claims of all departments. He is skillful in maintaining cordial relations with insurers, clients and other organizations. He has special skills in designing and implementing rural insurance schemes by devising suitable procedures and involving software platforms.
Ethics, Values and Principles
- Compliance with IRDAI Regulations
- Compliance with other Statutory Bodies – ROC, IT, GST etc
- Strict Adherence to the Code of Conduct
- Timely submission of Returns to IRDA (Quarterly, Half Yearly and Yearly)
- Committed, Trusted and Dedicated Service to the clients
- Process Innovation to bring down TATs to minimum levels
- Keeping pace with fast developing Technology and leveraging the same
High Level of Expertise
- Project Insurances – EAR/CAR/CPM/Marine Cum EAR (MCE)/Global WC etc
- Operational Covers -IAR/ Fire &Special Perils Policy/Marine/MBD/BPP/EEI/Money Insurance – Cash in Transit & safe/ Employee Crime (Fidelity Guarantee), Jewellers All Risks Insurance etc
- Business Interruption Covers: Advance Loss of Profits (ALOP), Marine Delay in Start Up (Marine DSU), Weather Insurance, Fire Loss of Profits (FLOP), Machinery Loss of Profits (MLOP)
- Liability Insurances: CGL/ Public Liability (Act)/E&O/D&O/Professional Indemnity/Product Liability/Clinical Trials/WC or Employee Compensation etc
- Employee Benefits: Group Health/Group Top Up/Group PA/Group Term/Group Gratuity/Superannuation/Leave Encashment/Overseas Travel etc
- Other Insurances: Vehicle Insurance for company’s and employees’ vehicles/top up health/unnamed PA/Special Contingency covers/Export and Domestic Credit Insurance
- Rural Insurance – Cattle Insurance
designing end to end software platform-based scheme administration
- Retail Segment – Motor Insurance, Health, PA, Overseas Travel, Life Covers
Solution oriented Services
- Designing the most suitable insurance program (MSIP) for the clients duly meeting all their insurance requirements.
- Thorough analysis and evaluation of existing insurance covers and recommending definite solutions to fill up the lacunae, if any, in coverage.
- Getting the clients, the best price and terms from the insurance market since company deal with all insurance companies.
- Ensuring prompt, timely and effective renewals.
- Recommendations to clients on ensuring proper and adequate coverage of assets, operations and liability areas.
- Recommending and implementing the best of its breed Employee Benefits like Group Health, GPA, GTI etc.
- Designing systems and procedures for proper claims administration ensuring timely and judicious settlements.
- Insurance Audits – which enable total audit of insurance portfolio periodically with suggestions based on the audit findings.
- Providing total claims management for expeditious settlement of claims ensuring peace of mind to clients.
Sectors/Clients Handled
- Government Departments/organizations
- Government undertakings/subsidiaries
- Rural Insurance covers including Cattle & Sheep Insurance
- Hospitality – Hotels including 5-star hotels
- Hospitals including Corporate hospitals
- Power Sector – Windmills/Hydel/Solar/Biomass/Gas/Thermal
- IT & ITES – Software companies
- Pharma Sector including big pharma companies listed in NYSE
- Bio Tech and Clinical Research organizations
- Manufacturing Sector
- Service Sector
- SMEs
- Personal line of insurances like health insurance, vehicle insurance, individual life insurance, home insurance etc.
