International Reinsurance and Insurance Consultancy and Broking Services Pvt. Ltd.

+91 (022) 22859300

[email protected]

About Us

IRICBS was established in 1993 and has positioned itself as one of the most respected Intermediaries in India, offering consultancy and broking services in Reinsurance, Risk Management and Insurance in association, over the years, with leading international Reinsurance brokers.

IRICBS is a Composite Broker licensed by the IRDAI (Insurance Regulatory and Development Authority of India) since 2003, quoting and placing Non-Life, Agriculture & Life Reinsurance Programmes. On the direct insurance business, we place all classes of Insurance. IRICBS enjoys a significant position in the Indian Reinsurance (and Insurance) market.

IRICBS has a wealth of experience of the Indian Market. Its team members are professionally qualified and recognized for their technical competence and ethics. Each of them brings in vast experience ranging from 10 to 50 years in both Reinsurance and Direct Insurance.

Insurance is a people's business and we have ensured that we have built up a competent team to handle all Insurance and Reinsurance requirements. In the last 5 years, we have grown 3-fold in terms of revenue and our staff strength has doubled.

IRICBS Key Personnel and Experience

Mr. R. F. Poncha

BCom, AIII
CEO & Principal Officer

  • Over 20 years' experience in the Industry working as a broker in the Indian market, including 2 years of training with Greig Fester International Limited, UK

Mrs. M. D. Damle

BCom, LLB, FIII
Managing Director

  • Over 40 years of experience in Insurance and Reinsurance
  • For 25 years, she was as NIACL in various capacities, both in Direct & Reinsurance. She was in-charge of Reinsurance heading the Mumbai region for 3 years in NIACL and joined IRICBS in 2004

IRICBS Offerings

We have expertise in providing customized solutions for all our clients in

  1. Insurance
    • We work with most insurers in the market
  2. Re-insurance
    • Property & Casualty
    • Agriculture
      • We are lead insurance brokers in the country working with 11 insurers
    • Accident, Life & Health
    • Marine, Life and Specialty
    • Satellite
  3. Risk Management
  4. Claims Management

IRICBS Milestones

  • Innovations in both Life and Non-Life Solutions
    • Direct:
    • ALOP (Advanced Loss of Profit) in 1995
    • DSU (Delay in Startup) in 1995
    Re-insurance:
    • ALOP (Advanced Loss of Profit) in 1995
    • DSU (Delay in Startup) in 1995
  • We were the first to receive permission in 1995 from GIC, Ministry of Finance & RBI to place direct insurance covers with an overseas insurer as permitted under the GIBNA Act when insurance covers required were not available in India

IRICBS Philosophy

  • Customer Service is our top priority
  • No business is too small for us – We cater to all levels from individual to large and mega corporation