SMC Investor Presentation slide image

SMC Investor Presentation

Insurance Broking smc insurance IRDA REGISTERED INSURANCE BROKER smc Moneywise. Be wise. Segment Revenue* (INR Mn.) 2,456 2,207 1,944 1,775 SMC Insurance Brokers Pvt. Ltd. which is a Direct Insurance Broker registered with IRDAI (Insurance Regulatory and Development Authority of India) provides a complete array of services in Life Insurance and General Insurance Category including consulting, risk analysis, policy serving and claim settlement assistance. SMC is one of the largest players in India in the General Insurance Retail Broking as well as for Life Insurance in India. It provides these services through 4 branches across the country with more than 430 employees, 11,872 Point of Sales (POSS) and 270+ Motor insurance Service Providers (MISPs) servicing a retail customer base of more than 700,000 in FY21. The company operates independently of insurance companies, representing clients and rendering impartial advice to protect client's interests. Customers taking insurance through SMC benefit by lower premium and/or better quality of insurance cover, expert consultancy, practical pre-sale advice and efficient post-sale services. 1,054 FY18 FY20 FY19 FY21 9M-FY22 *Revenue recognition changed from net to gross basis from FY18. No. of Policies (In Thousands) 739 693 676 654 580 Investor Presentation FY18 FY19 FY20 FY21 9M-FY22 21 21
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