Monday, June 22, 2020

PRUDENT INSURANCE BROKERS and RISK & INSURANCE MANAGEMENT SOCIETY form Strategic Alliance to Support India’s Risk Management Community

-Multi-Year Commitment Centered on Risk Management Education, Research, and Networking


 Mumbai (June 22, 2020) – 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, Director, Prudent Insurance Brokers“We are aiming to leverage our industry-leading and client-centric distribution network towards channelizing offerings from RIMS-Prudent partnership” he further added.

Prudent has valued knowledge and expertise since inception and it is our focus on quality and excellence that makes our clients repose their trust in us.  We have always admired the great work RIMS does for the risk management profession and industry and we are proud to be associated with them” said Ajit Singh Dhingra, Managing Director, Prudent Insurance Brokers

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.





About Prudent Insurance Brokers Private Limited:
Prudent Insurance Brokers Pvt Ltd is country’s leading commercial lines insurance broking company with strong capabilities around risk & insurance consulting, broking & administration for mid to large multinationals in India & Internationally with capabilities in 120 countries. Prudent is one of the largest commercial lines broker with 700+ quality professionals delivering quality services to its 3500+ corporate clients through nine offices across India.

About RIMS:
As the preeminent organization dedicated to promoting the profession of risk management, RIMS, the risk management society®, is a global not-for-profit organization committed to advancing risk management capabilities for organizational success, bringing networking, professional development and education opportunities to its membership of approximately 10,000 risk management professionals who are located in more than 60 countries. Founded in 1950, the Society represents more than 3,500 industrial, service, nonprofit, charitable and government entities throughout the world.

For additional information about RIMS global initiatives, resources, and educational programming, visit www.RIMS.org.  For information about PIBL, visit www.prudentbrokers.com

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