About Us

TTInsurance Services is a subsidiary of TT Enterprises, an associate company of the prestigious 77 year old TTK Group. The Group has diversified activities ranging from Cookware, Cartography, Healthcare and Pharmaceuticals to Baby care products. The TT Brand is trusted, respected and represents integrity and service excellence in the minds of the customers.

Who are we: TTInsurance Services is licensed as a Direct Broker by IRDA (Insurance Regulatory Development Authority) to solicit both Life and General Insurance business in the Indian market. Our clients are both individuals and companies.

Why work with a Broker: As a Direct Broker, we have signed contracts with all leading insurers in India and provide the following to all our Customers:

• Pre sales and after sales service to the customers.
• Provisions of relevant information to the underwriters to assess the risk and decide the premium.
• Design covers that meet the client requirements. The customer will get a wider choice and more professional service from a Broker.
• Recommend risk improvement and loss minimization measures.
• Provide risk management and insurance education.
• Collection of renewal premiums and assistance in claim settlement.

COMPARISON BETWEEN AN INSURANCE BROKER AND AN INSURANCE AGENT

INSURANCE BROKER	INSURANCE AGENT
Represents the Client.	Represents one Insurance company.
Before he procures a license, he needs to have a minimum paid up capital of Rs. 50 lakh as stipulated by IRDA.	No requirement to maintain any paid up capital.
Required to take professional indemnity insurance worth a minimum of Rs. 50 lakh.	No professional indemnity insurance required to be taken.
Required by IRDA to provide services throughout the year.	No such commitment required on the part of an agent.
Required to maintain IRDA prescribed infrastructure and manpower for customer service.	There is no specific infrastructure requirement. Quite often they work out of their homes or small offices.
Required to provide assistance in payment of premium, lodging claims and settlement.	It is at the discretion of the agent whether to provide assistance for the payment of premium, lodging claims and settlement.