# Alliance Insurance Brokers Pvt Ltd: Insurance, Mumbai, India

> Alliance Insurance Brokers Pvt Ltd: Alliance Insurance Brokers Pvt Ltd is a leading insurance brokerage firm based in Mumbai, India. Based in Mumbai, India.

Source: https://millionrounds.com/startup/alliance-insurance-brokers-pvt-ltd (Millionrounds; every figure on the page links to its filing or article)

India · [Insurance startup](https://millionrounds.com/companies)

# Alliance Insurance Brokers Pvt Ltd

Alliance Insurance Brokers Pvt Ltd is a leading insurance brokerage firm based in Mumbai, India.

Email

Funding reported Last round: Private equity

Insurance Mumbai, India

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Company summary

- **Founded:** 2003 23 years old
- **Team:** 460 201 to 1,000 people
- **Funding reported:** 550M as listed, currency not stated
- **Last round:** Private equity Mar 2016

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Alliance Insurance Brokers Pvt Ltd has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Alliance Insurance Brokers Pvt Ltd

Alliance Insurance Brokers Pvt Ltd is a leading insurance brokerage firm based in Mumbai, India.

Founded in 2003 by Mr. S. V. Thakkar, the company has grown to serve over 1,500 clients across 14 countries, establishing a strong presence in 14 Indian cities. Alliance has consistently achieved approximately 30% annual growth, with premium income rising significantly over the years. The firm offers a wide range of services, including insurance broking, risk management consulting, claims management, and employee benefits program administration. Alliance specializes in various sectors such as aviation, financial institutions, infrastructure, manufacturing, and sports, providing tailored insurance solutions to meet diverse client needs. Notably, the company is recognized for its innovative Specie insurance team, which focuses on unique risk management services. With a mission to deliver top-notch risk consulting, Alliance aims to rank among the top three insurance brokers globally.

## What company datasets say Alliance Insurance Brokers Pvt Ltd raised

Funding, as reported

Reported in all **550M** in the source's currency

Rounds **1**

Last round **Private equity**

Last round size **7.5M**

Last round date **Mar 2016**

Investors listed **1**

## Founders and team

From Alliance Insurance Brokers Pvt Ltd's own website: 2 founders, 6 on the team.

**Mr. Aatur Thakkar** Co-founder & Director & Principal Officer

**Mr. S. V. Thakkar** Founder & Director

- **Mr. Nilesh Mehta** Director
- **Mr. Pranav Shah** Director
- **Mr. Salil R. Das** Director – Reinsurance
- **Ms. Gowri Jayaraman** Director – Technical
- **Ms. Monica Pandey** Grievance Officer:
- **Ms. Sangeeta Modi** Director

## On a portfolio page

Investors who name them

- [Access Asset Managers](https://millionrounds.com/fund/access-asset-managers-private-ltd)

Each firm lists Alliance Insurance Brokers Pvt Ltd on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

sme insurance insurance portfolio management insurance solutions jewellery insurance customized insurance solutions reinsurance capacity clean energy & technology financial institutions client portfolio insurance services india sports & events dedicated support for clients insurance sector diversification media insurance distribution manufacturing

Built with from their website

Google Maps Contact Form 7 OWL Carousel Priority Hints Google Font API Slider Revolution WordPress.org HSTS Microsoft 365 FlexSlider

+8 more

DigiCert Microsoft Azure Font Awesome Salesforce Microsoft Azure Hosting MySQL Microsoft.net YouTube

- **Sector:** Insurance
- **Industry code:** NAICS 524210, SIC 6411
- **Region:** Maharashtra
- **Revenue:** 15M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/alliance-insurance-brokers)

## Insurance in India

Startups like it

- [**Toffee Insurance** Gurugram · founded 2017 *Raised*](https://millionrounds.com/company/toffee-insurance)
- [**Square Insurance Brokers Pvt. Ltd.** Jaipur · founded 2017](https://millionrounds.com/startup/square-insurance-brokers-pvt-ltd)
- [**Pazcare** Bengaluru · founded 2020](https://millionrounds.com/startup/pazcare)
- [**SBI General Insurance** Mumbai · founded 2009](https://millionrounds.com/startup/sbi-general-insurance)
- [**CoverSure** Mumbai · founded 2023](https://millionrounds.com/startup/coversure)
- [**InsuranceDekho** Gurugram · founded 2016](https://millionrounds.com/startup/insurancedekho)
- [**Starhealth Insurance** Thiruvananthapuram](https://millionrounds.com/startup/starhealth-insurance)
- [**Zopper** Noida · founded 2011](https://millionrounds.com/startup/zopper)

## Is this your company?

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