The city-based First Insurance World Broking Services
Private Limited has decided not to charge its clients
for claims-related advice. The insurance broking regulations
allow brokers to charge their clients for other services
its operations as a group of individual agents, the
company grew to become a corporate agent and finally
as insurance broker.
to Akshay M Nahar, executive director, the company has
been empanelled with ten non-life insurers and six life
insurers. "Our focus will be on the small and the
medium sized units. Our target is to do around Rs1 crore
business per month."