Lion Insurance Brokers

Name

Lion Insurance Brokers

Legal name

LION INSURANCE BROKERS PVT. LTD.

Website

https://lioninsurancebroker.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Insurance Broking Services

NAICS

Insurance Agencies and Brokerages (52421), Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411), Surety Insurance (6351), Life Insurance (6311), Fire, Marine & Casualty Insurance (6331)

akta.pro industry

PRIMARYFSAEADAJ

Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

SECONDARYFSAEADAA

Retail (Personal Lines) Insurance Brokerage

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

SECONDARYFSAOAHAG

P&C Reinsurance Brokerage

Financial & Insurance/Reinsurance/Reinsurance Brokerage & Intermediation

SECONDARYFSAOAHAB

Facultative Reinsurance Brokerage

Financial & Insurance/Reinsurance/Reinsurance Brokerage & Intermediation

SECONDARYFSAAACAI

Insurance-Integrated Wealth Managers (RIA + Insurance Solutions)

Financial & Insurance/Asset & Wealth Management/Registered Investment Advisors (RIAs) & Independent Wealth Managers

SECONDARYFSAJANAF

Personal Excess Liability (High-Net-Worth)

Financial & Insurance/Insurance — Motor, Property & Casualty/Umbrella Insurance

Keywords

• Insurance broking services
• Corporate insurance solutions
• General insurance broker
• Life insurance advisory
• Risk management consulting

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Insurance Broking Commission: As an IRDAI-licensed direct broker for both Life and General Insurance, Lion Insurance Brokers earns commissions from insurance providers for placing business. The company serves corporate clients with customized insurance solutions.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Lion Insurance Brokers is an IRDAI-licensed direct insurance broker (Broker Code: 761) for both Life and General Insurance, providing customized insurance solutions, risk management, claims management, and financial assessment services to corporate clients, SMEs, and high networth individuals across 14+ industry verticals in India. The company places business with insurers and earns commissions, while also offering technology-enabled claims tracking and policy advisory services.

Product overview

Lion Insurance Brokers is an IRDAI-licensed direct broker offering a comprehensive portfolio of life and general insurance products and services. The core offering centers on Life Insurance and Claim Management, Risk Management, and Financial Assessment services. The company provides industry-specific insurance across 14 verticals including Aviation & Aerospace, Banking & Finance, Construction & Infrastructure, Manufacturing, Agriculture, Oil & Energy, Power & Energy, Marine, Media & Entertainment, Sports & Events, and Specialty products like Species Insurance, Credit Insurance, and Surety Bonds. The Privilege Signature Services provides premium personalized coverage for high networth individuals. Products range from corporate group insurance and reinsurance advisory to specialized niche covers like film production, satellite launch, and jewelers block insurance.

Differentiator

Problem solved

Functional benefit

Products and services

• Life Insurance Corporate life insurance solutions including group term life insurance, gratuity and leave encashment schemes, superannuation schemes, keyman insurance, and credit life solutions for employee protection.
• Claim Management End-to-end claims support with dedicated in-house team, real-time tracking through tech-enabled platform, covering documentation through settlement across sectors.
• Risk Management Comprehensive insurance audit, customized board presentations, cost optimization, feasibility and treatment planning, and risk likelihood and consequence mapping for corporate clients.
• Financial Assessment Portfolio analysis, coverage optimization, premium efficiency evaluation, and strategic recommendations for cost-efficient and strategically aligned insurance portfolios.
• Aviation & Aerospace Insurance Comprehensive aviation coverage including hull, spares, passenger and third-party liability, hull war, hijacking, deductible insurance, products liability, satellites insurance, loss of license, and coverage for airlines, airports, and aerospace manufacturers.
• Banking & Finance Insurance Structured insurance solutions for banking and NBFC sector including special contingency plans, credit insurance, political risks, banker's indemnity, comprehensive crime cover, fraud and forgery, and cyber crime insurance.
• Construction & Infrastructure Insurance Insurance solutions for construction sector covering project insurance (contractors all risk and erection all risk), advance loss of profit, civil engineering completed risk, marine imports, professional indemnity, and liability programs.
• Species Insurance Specialized coverage for high-value portable items including cash, bullion, diamonds, fine art, mobile phones, valuable documents with all-risk coverage on physical loss or damage.
• Manufacturing Insurance Insurance coverage for manufacturing industries including standard fire and allied perils, loss of profit, boiler and pressure plant insurance, machinery breakdown, industrial all risk, liability insurance, and employee benefit programs.
• Agriculture Insurance Crop insurance schemes protecting against yield losses from natural fire, lightning, storm, hailstorm, cyclone, flood, landslide, drought, pests, diseases, and supply chain interruptions.
• Oil & Energy Insurance Comprehensive coverage for upstream, midstream, and downstream energy operations including offshore and onshore construction risks, physical damage, business interruption, machinery breakdown, seepage and pollution liability, and environmental damage insurance.
• Power & Energy Insurance Capital-intensive sector coverage including risk mitigation consulting, project monitoring, property insurance, construction insurance, casualty insurance, directors and officers liability, design defect insurance, and delay in start-up coverage.
• Privilege Signature Services Sophisticated personalized insurance for high networth individuals covering home, art and artifacts, private jets, yachts, kidnap and ransom, corporate travel, collateral protection, key person insurance, and worldwide health coverage.
• Credit Insurance Protection against non-payment risks covering protracted or wilful default, buyer insolvency and bankruptcy (domestic and exports), and political risks for export sales.
• Sports & Events Insurance Comprehensive sports insurance covering event cancellation, broadcasters' loss of revenue, player loss of fees, travel insurance, terrorism, personal accident, medical, and liability insurance.
• Media & Entertainment Insurance Insurance programs for film and media industry covering production insurance, media liability, distributor's loss of revenue, star insurance, film completion bond, exhibitor's loss of revenue, and production equipment.
• Marine Insurance Marine coverage including marine cargo open insurance, marine sales turnover insurance, marine stockthroughput insurance, motor insurance, health insurance, and cyber liability insurance.
• Surety Bonds Tailor-made surety bond solutions including contract surety bonds, performance bonds, bid bonds, advance payment bonds, and customs and court bonds for construction, infrastructure, trade, and legal matters.

Quantifiable outcome

• Premium savings through deep market analysis and strategic placements without compromising coverage quality
• +1 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Marsh India Insurance Brokers Pvt Ltd: Indian arm of global broker Marsh McLennan. Directly comparable as a full-service insurance and risk management broker serving corporate and specialty clients across India. Operates at significantly larger scale with similar multi-vertical capabilities.
• Alliance Insurance Brokers Pvt Ltd: Indian insurance broker providing commercial and specialty insurance placement across multiple industry verticals. Comparable to Lion given similar multi-vertical approach and corporate client focus in the Indian market.
• J. B. Boda & Co. Pvt Ltd: Long-established Indian insurance and reinsurance broker with strong specialty focus in marine, aviation, oil & energy, and engineering lines. Comparable to Lion given overlapping specialty vertical coverage and corporate client base.
• Sun Global Insurance Brokers Pvt Ltd: Indian insurance and reinsurance broker serving corporate clients across multiple sectors. Comparable as an Indian mid-size broker with multi-vertical placement capabilities and corporate client focus.
• Howden Insurance Brokers India Pvt Ltd: Indian arm of UK-headquartered Howden Group, a specialty insurance broker. Directly comparable given specialty focus in marine, aviation, energy, and other complex risk lines overlapping with Lion's specialty verticals.
• Sudhir Power Insurance Brokers Pvt Ltd: Indian insurance broker with specialty focus on power, infrastructure, and energy sectors. Comparable given similar vertical depth in industrial and infrastructure insurance lines that overlap with Lion's Power & Energy and Construction verticals.
• Aon India Insurance Brokers Pvt Ltd: Indian operations of Aon plc, one of the largest global insurance brokers. Directly comparable given similar full-service commercial and specialty insurance broking focus across diverse industry verticals in India.
• Willis Towers Watson India Insurance Brokers Pvt Ltd: Indian presence of WTW, a top-tier global insurance broker. Comparable as a multi-vertical insurance and reinsurance broker serving large corporate clients in India with risk advisory capabilities.
• Prudent Insurance Brokers Pvt Ltd: Indian insurance broker offering general insurance, reinsurance, and risk management services to corporate clients. Comparable as a mid-size Indian broker serving enterprise and SME segments across multiple lines of business.

Emerging players

• Edelweiss Insurance Brokers Ltd: Indian insurance broking arm of the Edelweiss Group, offering commercial and specialty insurance placement. Comparable given similar multi-line corporate insurance focus, though Edelweiss has stronger financial backing and broader financial services ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lion Insurance Brokers