The best of 5 Insurance Advisor

Our global broking and underwriting
business provide a range of specialist
insurance solutions to clients. The two pillars
are supported by a strong backbone of
technology and service expertise
does. These include
entrepreneurialism, meritocracy, and
teamwork. With a strong emphasis on
people first, capability development
and mentoring, Howden offers its
employees the opportunity of a steep
upward learning curve.
Delivering Unparalleled Quality
When asked about his take on adopting
novel technologies, Mr. Vashishta says,
“With increased pressure on costs,
efficiencies have dictated automation
of business processes. This has led to
the use of software packages from
standard accounting applications to
integrated ERP solutions. The
production-based economy - founded
on plant, land, and labour, is
increasingly shifting to knowledge and
information-based environment. Most
mission critical functions of an
organization are today performed by
automated information systems and
network.”
“No wonder, therefore, that IT and IT
enabled services companies have been
the largest recipients of outsourced
work. With increased orders comes
increased complexity and ergo
increased risk. Organizations want to
know that IT companies can deliver on
projects and are demanding that
suppliers prove they are able to
mitigate the risk of delays or failures.
Howden has a focus group dedicated to
the IT, ITES and BPO sector with a
proven track record in providing risk
consulting and insurance solutions,” he
adds.
Through Howden’s Corporate Risk and
Insurance Solutions division, it
provides risk management and
insurance solutions to large, medium,
and small companies across various
sectors. This division operates through
three Business Verticals:
• Liability and Financial Risks
• Property and Construction Insurance
(including Infrastructure, Oil and
Energy Sectors)
• Health and Employee Benefits
When engaged to represent a customer,
Howden India is able to achieve
outstanding results through its large
team of professionals who possess
unique skills in risk management,
product design, insurance placement,
and claims settlement.
As the Indian market develops, access
to a competitive reinsurance market
becomes increasingly important. With
the support of strong international
wordings and competitive terms, the
Indian insurers can approach clients
with confidence particularly when their
reinsurance broker is easily accessible
both geographically and relationshipwise.
Howden India qualifies in all the above
aspects. Its seamless connection with
Howden Broking Group worldwide
puts it in a tactically strong position in
supporting all Indian insurers as well
as the GIC Re (National Re-insurer) in
seeking facultative and treaty
reinsurance capacity from international
markets.
The company also introduced inward
reinsurance business to GIC Re and
Indian Insurers from Asia, Africa, and