SMC Investor Presentation
Insurance Broking
General Insurance (GI)
Non-Life
Company.
General Insurance contributes around 95% of the total revenues (FY21) of the
Within this segment, sales primarily happen through MISP (Motor Insurance Service
Provider), POS (Point of Sales person), direct sales channel-foot on the street model.
.
SMC caters to a 2% market share in the Motor Insurance segment.
The General Insurance business segment has following sub verticals under which policies
are sold:
MISP Motor Insurance Service Provider
GI Retail: Personal Line Products offered i.e. Motor, Health, Travel, Home Insurance
etc.
GI Corporate: Marine insurance, Fire insurance etc. to corporate, institutional and
government bodies.
Life Insurance (LI)
This segment contributed around 5% of the total revenue (FY21) in insurance broking.
We have a tie up with all the Life Insurance Companies for procuring business with an
overall range of 40 - 45 products to offer to our clients
Our offerings include varied products viz Term Plans, Market Linked Investment Plans,
Endowment plans promising guaranteed returns for varied client requirements.
Market share as per GI Council of India as on Mar 2020
Investor Presentation
smc
Moneywise. Be wise.
Insurance Gross Premium (INR Mn)
17,364
15,826
15,035
13,629
13,716
FY18
FY19
FY20
FY21
9M-FY22
Revenue Pie %
3%
97%
I General Insurance
Life Insurance
22
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