History
Alliance is one of the pioneers in the field of insurance broking operating since 2003.
It has been founded by Mr. S. V. Thakkar, who is a veteran in the insurance industry
having vast experience in this industry for over last three decades. Having such a strong
background in the field of insurance and with a vision in his mind, he established
Alliance, catering to life and non-life sector.
Alliance has been built on the foundation of building strong and ever-growing relationships with various business entities and establishing a trustworthy brand name for itself. Alliance focuses on de-risking the unknown and unforeseen risks faced by their clients and adding value to all its stakeholders.
Today, Alliance is managed by a strong management, with a blend of youth and experience, which is extremely futuristic in their approach and ensures delivery of real-time services.
Milestone
- 2003
- Starts operations from Mumbai, India.
- One of the first 10 broking houses to start operations in India.
- 2004
- Records a growth of 100% plus in first year of operation itself.
- Successful tie-ups with major corporates in Manufacturing and Services sector across India.
- 2005
- Enters Media, Entertainment and Sports sector.
- Partners with various Global Reinsurers.
- 2006
- Expands its operations in India and starts office in Pune.
- 2007
- Penetrates into the Construction and Leisure sectors by acquiring business from several renowned developers in the country.
- 2008
- Holds 75% market share in Media, Entertainment and Sports sector.
- Grows 100% in spite of global meltdown.
- Enters Aviation sector and ties up with leading Commercial Pilot Associations for "Loss of License" insurance.
- 2009
- Opens second office in Mumbai.
- Insures major sporting events across the country.
- Forays into structured Credit insurance for Banks and Financial Institutions.
- 2010
- Enters Power & Energy and Infrastructure sector with projects in Metro rail, road, transmission lines, renewal energy like solar, wind and also conventional energy space.
- Pioneers in devising “Exhibitors Loss of Revenue” insurance cover.
- First brokers in the country to devise and underwrite insurance covers for cricketers i.e. "Player Loss of Fees" and "Player Bonus".
- Explores Bancassurance and Reinsurance markets.

