About Us

First Policy has established itself as one of the top insurance brokers in India with an ability to consistently deliver on all the fronts for more than half a decade. Through our experience and expertise we have been successful in constructing tailor-made policies to cover our clients' special insurance requirements. As a result the company has succeeded in developing many valuable international and local clients. First Policy is in the business to build long-term relationships and ultimately building long-term value for your business by assessing the impact of risk and effectively integrating risk control into the management systems of your business. We play a predominant role in the insurance broking industry in India with a focus on value to customers, innovative solutions, superior quality of service, professional manpower, and corporate social responsibility.

To provide the most comprehensive and cost effective risk management solutions

Our Vision

To be a leader in the Insurance broking fraternity by consistently delighting the customers through innovative value added insurance solutions

Our Strategy

  • Provision of complete solutions in insurance and risk management.
  • Cost Management
  • World class service and delivery

First Policy is affiliated with UnisonBrokers Network brokers - one of the largest independent networks of mid-sized insurance brokers headquartered in Hamburg (www.unisonbrokers.com)

Our Strategy
  • A worldwide network of independent insurance brokers
  • A Brokers Broker and therefore deals exclusively with the leading- and servicing brokers
  • Specialised in conception, placing and implementation of international programs and solutions
Globally Represented

The UNISONBrokers network has around 200 members and correspondents in all economically significant regions worldwide. The high quality standards of our network brokers are guaranteed by clearly defined organisational structures and workflow according to best practice.

Risk is an inevitable part of life which we all have to face. The ability to assess and manage risk enables individuals, businesses and the community to develop and grow. In order to manage risks, one should possess answers to range of risk faced, what should be done to reduce and manage risks, best options available for protection against various risks. We at First Policy , cater to the risks associated with assets, revenues, employees, share holders’ faith, various compliances.

Our job is to make sure that you have the personal and corporate confidence necessary to succeed in today's vibrant but complex business markets. So, not surprisingly, client focus is at the core of First Policy . It is made possible by our very distinct way of working: Our job does not begin and end by matching our clients to insurers. We represent their interests throughout. This ensures that we get them the best possible results from insurers.

First Policy strives to maintain open communication with all clients and prospects through every step of the insurance process. This means being open about its own plans and strategies for growth as well as future developments. Trust, quality and the "no surprises" approach are at the core of everything. We're more than an insurance broking firm; we're trusted advisers working with you to develop world-class risk management programs and employee benefit solutions.

First Policy ranks among the top Insurance Brokers in India and it has the prestige of handling the Insurance portfolio of various reputed corporate clients who are into construction, manufacturing, engineering, pharmaceuticals, Shipping and software development. We provide a full spectrum of property casualty and miscellaneous products at competitive rates, for high-risk businesses. Also, we provide a broad array of employee benefit solutions that are tailor made to meet the needs of businesses in virtually any industry. By harnessing the latest technology, we have developed our own web based program to maintain updated data base of our clients so that they can have round the clock access to their insurance portfolio managed by us. We are also providing international services to our Indian Clients that have made their global presence felt, successfully over a period of time.

Mr. Ashok Jain
Director & CEO

Mr. Jain is an experienced Corporate Finance and Insurance Consultancy stalwart with over 20 years of experience. He founded the company in 2002 and has guided it to becoming one of the most preferred Insurance Broking firms in the Country. He is the member of ICAI, ICWAI, ICSI. Mr. Jain started his career with Bharat Electronics Ltd. and went on to become V.P.- Finance at Elpro International Ltd. He continues to actively contribute and introduce innovative solutions to the ever changing Industry needs.

Mr. Sachin Jain
Director and Principal Officer

Sachin joined the company in 2006 is heading the Pune Office of First Policy . He specialises in placing engineering and property insurance business and has cutting edge experience in power sector. A Chartered Accountant by qualification and a fellow member of Insurance Institute of India, Sachin is successfully managing the large corporates in Pune.

Mr. S. Jambunathan
Chairman

Formerly from the Indian Administrative Service, Mr. Jambunathan has worked in various capacities with the Government of India.

His last posting was as Chairman and Managing Director of Export Credit Guarantee Corporation.

Mr. Jambunathan is currently an independent director on various Company Boards.



Mr. Jain is an experienced Corporate Finance and Insurance Consultancy stalwart with over 20 years of experience. He founded the company in 2002 and has guided it to becoming one of the most preferred Insurance Broking firms in the Country. He is the member of ICAI, ICWAI, ICSI. Mr. Jain started his career with Bharat Electronics Ltd. and went on to become V.P.- Finance at Elpro International Ltd. He continues to actively contribute and introduce innovative solutions to the ever changing Industry needs.
Mr. Ray is a seasoned insurance professional having Worked at National Insurance Co. Ltd., for 32 years and retired as Deputy General Manager. He has experience of handling clients from various geographies including Mumbai, Kolkatta, Pune & Ahmedabad. He brings with him enormous experience and expertise in segments such as Power, Infrastructure, heavy engineering, etc. Heading Technical and Claims department at First Policy , he is a guiding force and a mentor for the Technical Team.
Sachin joined the company in 2006 is heading the Pune Office of First Policy . He specialises in placing engineering and property insurance business and has cutting edge experience in power sector. A Chartered Accountant by qualification and a fellow member of Insurance Institute of India, Sachin is successfully managing the large corporates in Pune.
Ruchi has been with the company since 2009 and is an MBA in Finance and Banking also an Associate member of Insurance Institute of India. Alongwith her other qualifications on liability her Company Secretary course gives her the unique perspective to see things from legal viewpoint. She brings deep domain knowledge and has contributed significantly in enhancing technical expertise in liability for First Policy .
Srini heads Andhra and Telangana region for the company. Masters Degree in MA from Osmania University and is Associate of Insurance Institute of India. He started his career with New India Assurance in 1988 and had a stint with Reliance General . Thereafter, joined Tata AIG as Marine Underwriter and lastly headed Andhra Region. He has expertise in Property, Engineering and Marine business. He has handled some of the top most company in Andhra and Telangana region.
Mr. Vijay Dalal has over 2 decades experience in LIC and has handled various responsibilities at branch and division level. Presently he looks after the Vadodara office of the company and assists on need basis in other areas.

HEAD OFFICE

  • Address: 7, Soormani 163,
    Opp DAV School, D.P. Road,
    Aundh,Pune 411007
  • Email: office@firstpolicy.com
  • Website: www.firstpolicy.com
  • Phone: +91-020-66073200
  • Fax: +91-020-66073201

REGULATORY INFROMATION

  • Corporate Identification No: U74140PN2002PTC017425
  • Registered office: 7, Soormani 163, Opp DAV School, D.P. Road,
        Aundh,Pune 411007
  • Phone: +91-020-66073200
  • Sectoral Regulator(Irda.gov.in): Insurance Regulatory and Development authority     of India
  • Originally Licensed: From 30/01/2002
  • Present License: Composite Insurance Broker
  • License No: 106
  • Present License validity: 30/01/2018 to 29/01/2021
  • Principal Officer: Mr. Sachin Jain, 020-66073231
  • Site was last updated on: 23/02/2018
  • For UpToDate Information kindly contact us at above address