History and Milestone

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.

Click on the year/dots to view year wise milestones.

  • 2015

    • PE Funding
    • Community Health Program
  • 2014

    • Forays into Private Equity & VC Practice and enhances its footprint to 11 Locations
  • 2013

    • Foray into the Specie business with focus on Jeweller’s Block and Cash Management companies
    • Expansion of footprint with start of Bangalore and Jaipur operations
  • 2012

    • Expands to tier II cities viz. Ludhiana and Mangalore
    • Forays into Crop insurance and reinsurance market in India
  • 2011

    • Achieves the status of composite brokers by entering Reinsurance space
    • Expands operations in India by entering Delhi NCR and Hyderabad
  • 2010

    • Enters Power & Energy and Infrastructure sector. Projects like Metro rail, road, transmission lines, renewal energy like solar, wind and also conventional energy space secured
    • Pioneers 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
  • 2009

    • Second office in Mumbai opened
    • Major sporting events across the country insured
    • Forays into structured Credit insurance for Banks and Financial Institutions
  • 2008

    • Market share in the Media, Entertainment and Sports sector increases to 75 per cent on the back of steady acquisition of new businesses
    • Despite the world recession, a 100 per cent growth rate maintained
    • Entry into the Aviation sector secured and tie-ups with leading Commercial Pilot Associations for "Loss of License" insurance signed
  • 2007

    • Forays into the Construction and Leisure sectors. Steady acquisition of business from renowned developers across the country, sees an expansion in the product portfolio
  • 2006

    • Opens its second office in Pune, India as part of an endeavour to expand operations
  • 2005

    • Becomes a pioneer by entering the burgeoning Media, Entertainment and Sports sector
    • Partnerships secured with various Global Reinsurers
  • 2004

    • Records a staggering 100 per cent plus growth rate in only its first year of operations
    • Manufacturing and Services sector becomes the first area of expertise, with successful tie-ups with major corporates across India
  • 2003

    • Commences operations with Mumbai as its headquarters
    • Becomes one of the first ten broking houses to start operations in India