International Reinsurance and Insurance Consultancy and Broking Services Pvt. Ltd.

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Our Expertise in Treaty Reinsurance is acknowledged by the markets

IRICBS was established in 1993 and has positioned itself as one of the most respected Intermediaries in India, offering consultancy and broking services in Reinsurance, Risk Management and Insurance in association with leading international Reinsurance brokers.

Insurance

An arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss or damage from an insured peril

Re-insurance

Reinsurance is purchased by an insurance company from one or more Reinsurance companies directly or through a broker

Risk Management

The forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact

Claims Management

Claims management includes planning, managing, and monitoring all the actions that originate from the claim

PMFBY: A Panacea or a Necessity for Protecting Indian Farming

Soya crop in Nanded Dist. (MH) during Kharif 2022 season
Article by: Kolli N Rao, PhD
Source: Linkedin


In India, crop insurance has evolved to cover more areas and crops since the 1970s. The Pradhan Mantri Fasal Bima Yojana (PMFBY) was introduced in 2016 in place of existing claim subsidy-based models, and has now grown to be one of several government initiatives that provide farmers with some level of security when facing risky or uncertain circumstances. Read more

Roadmap for Happy Farmers and Satisfied Stakeholders - PMFBY

IRICBS organized its 2nd Agri Conference in Mumbai from November 12, 2018 to November 15, 2018. The theme was "Roadmap for Happy Farmers and Satisfied Stakeholders". Read more

Combining forces for the resounding success of PMFBY

With the introduction of Pradhan Mantri Fasal Bima Yojana(PMFBY) 2 years back, a scheme which is very much in the interest of Farmers and which has given the biggest boost in Premium earnings for Indian Insurers, there is a significant capacity that is required from Reinsurers to enable Insurers to support in the role expected of them. Read more

Recipe for success in Broking:

  • Expertise
  • Reputation - having handled Reinsurance for 24 years
  • Philosophy - to secure terms for our clients, which are also fair to the insurer

Insurance is a people’s business...

Insurance is a people's business and we have ensured that we have built up a competent team to handle all Insurance and Reinsurance requirements. In the last 5 years, we have grown 3-fold in terms of revenue and our staff strength has doubled.

  • Top priority Customer Service
  • Innovation in Products
  • Caters to Individuals & Corporations
Read more about us

Our solutions

  • Insurance
  • Re-insurance
  • Risk Management
  • Claims Management
  • Consultation