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
21View entire presentation