Prudent Insurance Brokers Pvt. Ltd. Joins Assurex Global

COLUMBUS, OHIO, USA – Assurex Global, the world’s largest privately held commercial insurance, risk management, and employee benefits brokerage group, is thrilled to welcome Mumbai, India-based Prudent Insurance Brokers Pvt. Ltd. into the Assurex Global Partnership, effective May 1.

Founded in 2005, Prudent Insurance Brokers initially acted as an intermediary for TATA-AIG General Insurance Co. Ltd., primarily serving the Mumbai market. At the time of its foundation, the ambitious company rapidly expanded its reach by opening branch offices in Delhi and Bengaluru/Bangalore. Since then, Prudent Insurance Brokers has experienced business growth of over 20% annually, establishing itself as India’s second-largest commercial lines broker.

“The addition of Prudent Insurance Brokers to our Partnership will give us another strong firm in our Asia/Pacific region as we continue to strengthen our reach and capabilities worldwide,” said Assurex Global President & CEO Dean Hildebrandt. “This new addition of yet another best-in-class broker helps us further our practice of active participation in our Partner Firms’ growth by complementing our existing presence in India, which boasts a vibrant and rapidly growing insurance market.”

Assurex Global’s selection of Partner Firms is done with the utmost care, ensuring they adhere to the highest standards of quality, expertise, and customer service. Its Partnership already includes one well-established, strong Partner Firm in Mumbai, J B Boda & Co. Pvt. Ltd. With India’s fast-growing insurance market, the addition of Prudent Insurance Brokers will further reinforce Assurex Global’s continued dedication to growth and to broaden its reach and service capabilities.

With a formidable team of over 1,200 professionals, the company offers specialized expertise in various sectors, including automobiles/auto parts manufacturers, chemicals, alternative energy, hospitality, manufacturing, pharmaceutical, professional services, technology/telecommunications, and warehousing/logistics, along with a specific program for motor carriers.

“We are incredibly excited to join the esteemed Assurex Global Partnership,” said Pavanjit Singh Dhingra, Jt. Managing Director, Prudent Insurance Brokers Pvt. Ltd. “This partnership allows us to expand our global network, align with the world’s top independent brokers, and provide even more personalized and superior services to our valued clients.”

Assurex Global’s selection of Partner Firms is done with the utmost care, ensuring they adhere to the highest standards of quality, expertise, and customer service. The addition of Prudent Insurance Brokers reinforces Assurex Global’s ongoing commitment to broadening its Partner Firm base to better serve clients in 2024 and beyond.