Insurance Value Proposition
• Pioneer
Investcorp
(PINC)
is
an
India-focused
integrated financial services company specializing in
investment banking
• The insurance entity PINC Insurance specializes in providing risk advisory services across the globe
OVERVIEW
• 3 decades of experience in serving the needs of corporates across several industries such as Pharma, Real Estate, Chemicals, Textiles, Engineering, IT & BFSI to list a few
• PINC Group has a professional team of over 250+ members with a strong entrepreneurial mindset
• Presence across 8 cities – Mumbai | Delhi | Chennai | Bengaluru | Kolkata | Pune | Coimbatore | Ahmedabad
PINC- Service Offerings Investment Banking
Securities Trading
Debt Syndication & Advisory Private Equity Advisory
Bond Trading
M&A Advisory Valuation and Corporate Financial Advisory
LEVERAGING OVER THREE DECADES OF EXPERTISE IN CORPORATE FINANCE
Institutional Equities
Service Spectrum- PINC Insurance Service Offerings
Insurance Advisory and Intermediation
Direct Insurance Broking
Global Reinsurance Broking
We are Registered Brokers with 500+ Direct Corporate Clients
Insurance and Reinsurance Services Direct Insurance
Reinsurance - Facultative
Comprehensive understanding of an array of product options and extensive risk analysis of the client with advisory services.
8. Credit Insurance 7. Liability & Specie Insurance
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1
7
6 6. Employee Benefit Insurance 5. Miscellaneous
Classes Handled
1.Property & Project Insurance 2. Marine 2 Comprehensive Insurance
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3.Oil & Energy Insurance 4. Aviation Insurance
• •
Expertise in structuring and placing facultative deals across the globe. Leveraging excellent relationships with rated reliable and stable reinsurers from across the globe
Oil & Energy Terrorism
Specialty Lines
Aviation Marine Hull & Cargo
Property & Engineering Bonds
Financial & Casualty Lines
In 2017, PINC launched a vertical specialising in retail motor insurance which quickly grew in to a sustainable business model.
Our Benefits – Car Insurance With a portfolio of 10,000 vehicles pan India, we’ve settled motor claims worth more than INR 2 crores.
Attractive Discounting
Attractive discounting upto 80% and more*
Claim Settlement Ratio of 98.3%*
Customized Expert Advice
End to End Claims Assistance. Extensive assistance on buying Faster settlements & first call the best vehicle insurance resolution (FCR) in multiple cases for your motor vehicle
Comprehensive Fleet Coverage
Coverage for all private cars, premium vehicles, twowheelers and commercial vehicles
Technology & Communication
Constant experience sharing via the app, website, Email, Social media, Telephone & Onsite Support
Team Structure
Marketing
Product Team
Account Manager
Underwritin g
Others
Digital Marketing
Content Developme nt
IT/Tech team
Legal Advisory
Research
Claims team
Personal lines Provide your valued stakeholders with a platform to buy the right insurance cover across personal lines
Motor
Personal Cyber
Health
Home
Term Life
Travel
Research Team
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1000+ claims requests
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98% claim settlement
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INR 2.5 Cr.+ claims in past 2 years
4
TAT: 14 Days
Case Study: HPCL A comprehensive auto insurance solutions for 10500 employees pan India • What was expected out of us: • Real time response to any insurance related query of HPCL employees • Attractive commercial terms • Faster & seamless claim settlement across locations
720 Total No. of
Total Claims
Total Amount
Claims reported
Paid
Paid
18
Negotiated up to 80% discount for employee vehicles Offered the best coverage, customized for HPCL Literacy programs in safety, underwriting and claim FAQ’s 24/7 claims assistance service
4
Total Claims
Total Claims
Rejected
Withdrawn
• What we achieved: • • • •
686 13,987,942
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98.32%
Vehicle Under
Documents Pending
Settlement
Repair
From Insured
Rate
Insurance Partners
and many more‌
Choosing the Right Insurer PINC always recommends Insurer based on the following criteria:
OD premium discounting Wider range of cashless garages
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Better add-on features in the policy
Better underwriting
Claim experience
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A strong brand and presence in Industry
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Limited OEM tie-ups
Technology Solutions •
Launched web integration with all leading Insurers, launched a mobile application, all through an in-house technology team
•
Employees can generate quotes for their vehicles themselves with the help of the mobile app/website. Beyond that they have a choice of continuing online or through a representative from PINC.
Our Clients
Thank You