corporate risks india (cri)

What corporate risks india (cri) does

Corporate Risks India Insurance Brokers Pvt. Ltd. (CRI) is a privately held, India-domiciled insurance and reinsurance broker headquartered at 246 DLF South Court, Saket, New Delhi. Founded in 1994 as a joint venture with Steel Burril Jones Plc and subsequently partnered with Bradstock Plc in 1996, both Lloyd's brokers, CRI has operated continuously for over 30 years as an independent broker serving both domestic Indian and international insurance and reinsurance clients.

CRI distributes a portfolio of approximately 22 insurance products spanning motor, health, property, travel, liability, marine, commercial, and employee benefits lines, supported by a technology stack comprising a customized CRM covering the full policy lifecycle (endorsements through claims), API integration with Third Party Administrators for automated quotes and analytics, and a 24x7 chatbot for client query resolution. The company carries a dedicated reinsurance function led by a Chief General Manager, leveraging its Lloyd's broker relationships to place international and reinsurance risk.

CRI earns revenue primarily through insurance brokerage commissions on policies placed with insurers, supplemented by reinsurance broking transaction fees. Pricing is quote-based and tailored to client risk profiles with annual billing cycles. The go-to-market motion is sales-led and relationship-driven, relying on direct broker engagement and referrals rather than digital marketing, with a horizontal segmentation approach spanning corporate buyers, employee groups, and professionals. The firm is founder/management-owned, with no disclosed institutional investment, parent entity, or recent M&A activity.

Name

corporate risks india (cri)

Legal name

Corporate Risks India Insurance Brokers Pvt. Ltd.

Website

https://cri.co.in

Company type

Private

Founded year

1994

Operating status

Operating

Short description

Corporate Risks India Insurance Brokers (CRI) is a privately held, New Delhi-based insurance and reinsurance broker founded in 1994, distributing 22 commercial and personal lines to corporate, employee-group, and professional clients across India and international Lloyd's-linked markets.

Ownership category

akta.pro rank

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: CRI acts as an insurance broker earning commissions on policies placed with insurers. They negotiate the best policy terms for clients and receive commissions from insurance carriers.
2. Reinsurance Services: Reinsurance broking services for both domestic and international markets, helping clients mitigate risks through expert reinsurance solutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

CRI operates as an independent insurance and reinsurance broker, placing insurance policies with insurers on behalf of corporate and individual clients. The company offers a portfolio of 22+ insurance products spanning motor, health, property, travel, liability, marine, fire, and employee benefit lines, supported by CRM-driven policy administration, API integration with Third Party Administrators, and a 24x7 chatbot for query resolution across the full policy lifecycle from quote to claims.

Product overview

CRI operates as an insurance broker providing a comprehensive portfolio of insurance products and technology-enabled services. The core offering consists of 22 distinct insurance products spanning motor (Car Insurance), health (Health Insurance, Group Mediclaim), property (Home Insurance, Fire Insurance, Standard Fire and Special Perils Insurance Policy), travel (Travel Insurance), liability (Professional Indemnity, Directors & Officers Liability, Product Liability, Commercial General Liability, Cyber Risk Insurance), commercial (Reinsurance, Marine Insurance, Industrial All Risk Insurance, Contractor All Risk Insurance, Office Package Insurance Policy, Machinery Breakdown Policy, Consequential Loss Policy, Sales Turnover Policy), and employee benefits (Group Terms Life Insurance, Group Personal Accident, Workmen Compensation Insurance, Employee Deposit Linked Insurance Scheme). Supporting these products, CRI offers technology services including API integration with Third Party Administrators for automated quotes, reports, and analytics, a 24x7 advanced chatbot for query resolution, and customized CRM solutions covering the entire policy lifecycle from endorsement to claims processing.

Differentiator

Problem solved

Functional benefit

Products and services

• Car Insurance Comprehensive coverage for vehicles against accidents, theft, and other damages, offered by CRI as an insurance broker placing policies on behalf of clients.
• Health Insurance Extensive medical insurance plans providing health protection for individuals and families, placed by CRI with insurers.
• Home Insurance Coverage securing homes and belongings from unexpected damages and disasters, arranged by CRI on behalf of individual clients.
• Travel Insurance Travel insurance policies providing protection and peace of mind during travel, arranged by CRI with insurers for individual travellers.
• Reinsurance Expert reinsurance broking solutions for both domestic and international clients, helping insurers and large corporates mitigate risk through placement of reinsurance treaties and facultative covers.
• Consequential Loss Policy Coverage for financial losses resulting from business interruptions, placed by CRI with insurers for commercial clients.
• Machinery Breakdown Policy Insurance coverage for unexpected machinery breakdowns in businesses, arranged by CRI on behalf of industrial and commercial clients.
• Error and Omission / Professional Indemnity Insurance Protection against claims of negligence or mistakes in professional services, arranged by CRI for professionals and service firms.
• Cyber Risk Insurance Safeguard for businesses against cyber threats and data breaches, arranged by CRI with insurers for corporate clients.
• Sales Turnover Policy Insurance coverage based on business sales turnover, arranged by CRI for commercial clients.
• Product Liability Insurance Protection against claims of injury or damage caused by products, placed by CRI with insurers for manufacturers and distributors.
• Commercial General Liability Comprehensive liability coverage for business operations, arranged by CRI on behalf of corporate clients.
• Office Package Insurance Policy All-in-one insurance solution for office spaces and contents, placed by CRI with insurers.
• Marine Specific Insurance Policy Coverage for goods transported by sea, air, or land, arranged by CRI on behalf of importers, exporters, and logistics clients.
• Workmen Compensation Insurance Insurance ensuring compensation for employees injured at work, placed by CRI for employers.
• Standard Fire and Special Perils Insurance Policy Protection against fire and other specified perils, arranged by CRI on behalf of commercial and industrial clients.
• Group Mediclaim Healthcare coverage for entire groups or employees, arranged by CRI on behalf of employers.
• Group Terms Life Insurance Life insurance protection for group members or employees, arranged by CRI on behalf of employers.
• Group Personal Accident Coverage for accidental injuries or death for group members, arranged by CRI on behalf of employers.
• Industrial All Risk Insurance Comprehensive coverage for industrial enterprises against various risks, arranged by CRI on behalf of industrial clients.
• Contractor All Risk (CAR) Insurance Coverage for contractors against risks during construction projects, placed by CRI with insurers.
• Directors & Officers Liability Insurance Protection for personal assets of directors and officers from claims arising from their corporate roles, arranged by CRI with insurers.
• Employee Deposit Linked Insurance Scheme Insurance linked to employee deposits for added financial security, arranged by CRI on behalf of employers.

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Bradstock PlccoreStrategic or Co-development Partner · 1 January 1996Joint venture partner from 1996. Bradstock Plc is also a Lloyd's broker, strengthening CRI's connections to international insurance and reinsurance markets.
• Steel Burril Jones PlccoreStrategic or Co-development Partner · 1 January 1994Original joint venture partner from 1994. Steel Burril Jones Plc is a Lloyd's broker, providing CRI with foundational expertise and market access to Lloyd's insurance markets.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Willis Towers Watson India: WTW's India operations deliver corporate risk, reinsurance, and brokerage services to large enterprise clients — directly comparable to CRI's commercial and reinsurance lines.
• Marsh India Insurance Brokers: Marsh operates a licensed insurance brokerage in India offering corporate risk, reinsurance, and specialty lines — the closest global incumbent peer, competing for the same enterprise and reinsurance clients CRI serves.
• J.B. Boda Group: Indian insurance and reinsurance broking group with deep reinsurance expertise — closely comparable to CRI's domestic + international reinsurance positioning and long operating history in India.
• Prudent Insurance Brokers: Indian-licensed direct insurance broker providing commercial and reinsurance broking services; competes with CRI for mid-market corporate placements and reinsurance mandates.
• Howden India (formerly JLT India): Howden's India operations (post JLT acquisition) provide corporate insurance and reinsurance broking — directly comparable to CRI's specialty and Lloyd's-access product offering.
• Aon India Insurance Brokers: Aon's India brokerage provides commercial risk, reinsurance, and human capital solutions, directly overlapping with CRI's corporate, employee-benefits, and reinsurance product set.
• Anand Rathi Insurance Brokers: Indian domestic insurance broker with broad multi-line offerings across corporate, personal, and life — competes with CRI for corporate accounts and group benefits placements.
• Mahindra Insurance Brokers: One of India's largest domestic insurance brokers, offering a multi-line portfolio similar to CRI across corporate, personal, and specialty lines — a direct scale competitor in the Indian market.
• Lockton India: Lockton's India brokerage delivers commercial risk and reinsurance solutions, competing for the same corporate clients and specialty placements that CRI targets.

Broad incumbents

• Arthur J. Gallagher & Co. Global insurance brokerage with significant reinsurance and specialty capabilities; while not India-licensed at the same scale, its global specialty practice benchmarks CRI's Lloyd's-access model and reinsurance broking economics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/corporate-risks-india-cri-

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

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 corporate risks india (cri)