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Muthoot Insurance Brokers Muthoot Finance MUTHOOT INSURANCE - AN OVERVIEW HEALTH INSURANCE MIBPL became a wholly owned subsidiary of Muthoot Finance Ltd in Sep 2016. MIBPL is an unlisted private. limited company holding a licence to act as Direct Broker from IRDA since 2013. It is actively distributing both life and non-life insurance products of various insurance companies. During Q1 FY22, it has insured more than 343,500 lives with a First year premium collection of Rs.305 million under Traditional, Term and Health products.. During Q1 FY21, it has insured more than 135,000 lives with a First year premium collection of Rs. 182 million under Traditional, Term and Health products.. 19 64 Ⓡ

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