Tata Motors Insurance Broking And Advisory Services Limited (TMIBASL) is a wholly-owned subsidiary of Tata Motors Limited, a leading global automobile manufacturing company. Part of the US$113.0 billion (INR 792,710 crore) Tata Group, TMIBASL services customers across the country with its expertise in insurance broking and consultancy services.
With the evolving global risk trends, TMIBASL focusses its expertise & efforts to effectively deliver innovative products and services to suit the client’s needs. We bring you years of professional experience, expertise, strong product knowledge, and a wide range of insurance products from the leading insurance companies to suit your requirements.
As a Composite Broker, we are well-positioned to help both our corporate and retail customers to select the best insurance plans offered by various General, Health and Life Insurance companies, for all lines of products including Motor, Health, Property, Marine, Reinsurance, Cyber, among others. We provide timely end-to-end assistance in claim settlement so that our clients get their rightful claim at the right time. We service our customers through our wide branch network, and extend our services across 328 locations. We have a strong team led by people of repute and seasoned professionals who are committed to providing value to customers by understanding their risk profile and offering optimum and effective insurance solutions.
TMIBASL, since its inception, has been continuously striving towards building a formidable reputation founded on ethical and transparent principles. Over the years, integrity, transparency, and accountability have been the fulcrum to the way we have conducted business in every sphere.
- Jamsetji Tata, Founder of the Tata Group
Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals.
The group operates in more than 100 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust'.
Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture.
In 2018-19, the revenue of Tata companies, taken together, was $113.0 billion (INR 792,710 crore). These companies collectively employ over 720,000 people.
Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 28 publicly-listed Tata enterprises with a combined market capitalisation of over $160 billion (INR 11,10,308 crore) as on March 31, 2019.
Companies include Tata Consultancy Services, Tata Motors, Tata Steel, Tata Chemicals, Tata Consumer Products, Titan, Tata Capital, Tata Power, Tata Advanced Systems, Indian Hotels and Tata Communications.