Subin Thomas, Managing Director, Am Ex Insurance Brokers
Partnering with Insurance Risk Management Consultants has become increasingly crucial for organizations to navigate a complex and interconnected risk environment. In India, this need aligns with the country’s existing low insurance penetration and regulatory vision to achieve “Insurance for All by 2047”.
The Government and the Regulator are working towards universal insurance coverage by the 100th year of independence, which naturally means more activity and policy support from the government.
As awareness grows and healthcare costs continue to rise, more people are turning to retail insurance, fuelling exponential market growth. The industry is simultaneously evolving quickly, with new insurers, policy types, and coverage options entering the market.
For individuals and organizations alike, navigating this expanding landscape without expert guidance is becoming increasingly challenging.
This is where competent intermediaries, such as Am Ex Insurance Brokers, make a real difference. Backed by strong support systems, sound practices, and skilled professionals, they guide policyholders through the complexities of buying and managing insurance.
Standardized Service Delivery
Insurers today expect their insurance intermediaries to play more of an advisory and consultancy role. However, the quality of such advisory services and their parameters vary from one intermediary to another, and even from person to person. Maintaining consistency and standardization in this process remains one of the biggest challenges for both the insured and the intermediary.
Am-Ex Insurance Brokers stands out by emphasizing standardized service delivery through its in-house R&D and strong IT infrastructure. The company has implemented checkpoints at every stage of service to ensure quality and operational efficiency.
This approach allows Am-Ex to manage a large client base without compromising on service standards. Unlike many players who focus primarily on pricing as their USP, Am-Ex Insurance Brokers goes beyond pricing, offering a level of dependability and service that encourages clients to maintain long-term relationships.
In an industry driven by numbers, we stand for quality, fairness, & genuine advisory support
Subin Thomas, Managing Director
In addition, the firm offers a range of support services, including client-perspective risk inspections, risk assessments, asset valuations, and dispute resolution assistance in arbitrations.
Team Strength
The Am-Ex Insurance Brokers’ team is well-trained on market dynamics, including insurer pricing approaches, claims underwriting philosophies, product offerings, relationships, and proactive issue management.
With expertise in handling a wide range of risks across industries from manufacturing to information technology, the company’s risk managers and technical experts work diligently on clients’ risk exposures to provide cost-effective and optimal solutions.
Approach to Building Strong Client Relationships
Am-Ex Insurance Brokers has always maintained a client-focused, long-term approach. The company’s success stems from its ability to question the status quo and carefully analyze risks, coverage, policy clauses, and pricing to maximize the value delivered to clients. Assurance of high-quality service and an unbiased approach further strengthen trust, helping the company build strong relationships with its clients.
Scalability & Growth Plans
The company plans to substantially increase resources in core growth areas to drive revenue growth, client acquisition, and geographical expansion. With a focus on retail presence and client-friendly insurance solutions, Am-Ex aims to become one of the most preferred insurance intermediaries in India.