India

Prudent Insurance Brokers and Risk Alliance to Support India’s Risk Management Community

Prudent Insurance Brokers and Risk & Insurance Management Society form Strategic Alliance to Support India’s Risk Management Community

Prudent Insurance Brokers Private Limited (PIBL) and Risk and Insurance Management Society (RIMS), today, announced a multi-year strategic partnership to support the Indian risk management community. The alliance is set to deliver thought-leading content around risk and insurance management to India’s thriving business community.

Effective immediately, PIBL and RIMS will begin the development of a series of webinars and Masterclasses that address the country’s most pressing business risks, challenges, as well as opportunities for risk and insurance managers to support organizational growth, innovation, and strategic decision-making. Additionally, the two entities will publish market analysis reports, white papers, and collaborate on future in-person events.

We placed more than $250M premiums and have grown at a CAGR of 30%+ in the last 10 years purely based on thought leadership, risk-based advisory, and differentiated service delivery. As next level strategy, we have envisioned to take the risk & insurance ecosystem to next level through this partnership with a respectable institution like RIMS” said Pavanjit Singh Dhingra, Owner and Director, PIBL. “We are aiming to leverage our industry-leading and client-centric distribution network towards channelizing offerings from RIMS-PIBL partnership” he further added.

In addition to developing education, content, and events, RIMS and PIBL will also work to introduce and promote the RIMS-CRMP certification to the local market. The RIMS-CRMP Certification is the only risk management certification in the world to hold an accredited status (ANSI under ISO/IEC 17024:2012).

“For organizations to remain resilient, they must be proactive and ready to adapt to rapid changes in our business and social environments,” said RIMS CEO Mary Roth. “For risk professionals, education and knowledge sharing are critical components of strong risk programs and decision-making. RIMS is proud to continue to support India’s growing risk management community and, with PIBL, deliver a wide-range of learning experiences”, she further added.

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