About Us
New Era Insurance Broking Services Limited is licensed, as Direct Insurance (General Insurance) Broker by the Insurance and Regulatory Development Authority (IRDA) Vide License no.
DB-204/3.
You are aware that the concept of Insurance Brokers is practiced all over the world. As part of Development of Insurance services to International Standards, the establishment of brokers has been introduced by IRDA after amendment of Insurance Act in India. An Insurance Broker is an Independent Intermediary representing the policyholders and his interests; while an Insurance agent represents the Insurance Company only.
The main criteria for issuance of broker license by the said Authority are proven competence and professionalism with the sole object of promoting the interests of policyholders. All the Insurance Companies both public and private sectors operating in India are too pleased to accept the Insurance Broking services as value addition their Customer Service.
Our company has the key personnel of professionals from Engineers, Banking and Insurance sector. We possess a team of experienced professionals from general Insurance Industry. We have good experience in arranging Contractor’s All Risk Policy (CAR) and Erecting All Risk Policy (EAR) required by the contractors, while executing the projects works for the Government, which are mandatory as part of contract Agreement.
The Major services offered by our company are:
Risk Management
Carry out necessary inspections of properties by a team of professionals extensively trained in Risk Management. It will help not only to minimize the Risk but also saving the premium out go.
Undertaking Management
As per the needs of the client, we suggest to take the adequate Insurance as to ensure that nothing is left unprotected. We take the quotations from the Insurance Companies and place the business, keeping in view that the maximum cover is obtained for lesser premium. The scrutiny of police as to its correctness is made on receipt of the same from Insurance Company and delivered to the clients.
Client Management
We assist the client in submission of relevant Claim papers to the Insurance Company and pursue the matter with them till the claim is settled to the Satisfaction of the Client.
Customer Service
Much importance is given to “after sale Service” by assisting the clients to have appropriate covers when there is change in risk due to various factors. We offer the entire gambit of services to the clients on Insurance matters like follow- up, Keeping a track of renewal of the policies etc.
We request you to utilize our optimum services for your esteemed organization. Our team will be glad to visit you or your operational centers to discuss various issues and offer you appropriate and effective Insurance Solutions.
New Era's Mission
 To be the MOST preferred Insurance Intermediary
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To ensure Fair treatment to Policy Holders |
To ensure that the Insurance Customers receive, precise and correct information on Insurance Products |
To make aware Insured’s rights and obligation under Insurance Contract |
To be a vital link between the Insurer and the Insured to forge a win-win situation for all the Concerned |
To ensure speedy settlement of Insurance Claims |
New Era's USP
In the business of civil construction and granite exports for over Two decades |
Group is financially strong |
Former Senior Insurance Executives as Key Personnel |
The senior management Team is actively involved in the growth of the Broking Service |
Groups infrastructure in various District head Quarters and some State Capital with Technical Expertise which is added advantage in Cost effective servicing at all levels of Policy Holders and for future expansion in untapped segments |
Our Plans
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Further expansion of Corporate Office |
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24 Hours Customer Help Line |
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Setting up of Offices at all State capitals and selected District Head Quarters in Andhra Pradesh |
Our Team
| Vamsee Raju Manthena |
Vice Prisident - Marketing |
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Vamsee is a Marketing Professional with a rich experience in Relationship management and Marketing skills. He brings a great value in prospecting the clients and their requirements and ensures complete fulfillment of the service delivery right from Policy Administration to Efficient claims settlement.
He had worked with well known insurance companies in India for more than 6 years and had handled the Retail Insurance products as well as Commercial Lines for several Corporate/PSU's including Hindustan Aeronautical Limited - HAL
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Our Consultants
Mr M. V. PAVAN KUMAR REDDY,
BE (Civil)
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Consultant (Tech) |
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He has got very good experience in execution of all Civil works viz. Irrigation Canals, Bridges, Dams, Building Constructions, Stadiums, Water Treatment Plants, and Mining etc.
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IRDA License No. DB-204/3 and Incorporated on 02-06-2003
