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Broker or going Direct to Insurer ?

About Us A number of emerging organisations in our country face this question. Whether we should engage an insurance broker to negotiate with the 23+ approved insurers or deal direct with the insurers ourself. As an insurance broker, SPA has a duty of care to represent your interests at all times... more

Buy or Renew or just Review?

reviewsAs your business expands or your life changes, the types and levels of insurance policies that you need will change too. With increasing specialization in every sphere of life, your insurance administration also needs support from experts , support which is extended with complete responsibility... more

News Updates

SBI Life Insurance files draft for IPO
SBI Life Insurance Company has filed draft paper for an initial public offer (IPO). The IPO will be for up to 12 crore equity shares. The company’s shares offered through a red herring prospectus are proposed to be listed on the BSE and NSE.  
Max India dips below 1% after block deal
Max India on Friday’s morning session witnessed an exchange of 4.3% stake, valued at Rs 178 crore through a block deal on BSE. It corresponds to almost 1.1 crore shares.
OneInsure launches all in one insurance management app
OneInsure, the online brand of Robinhood Insurance Broker Pvt. Ltd. claims to have launched India’s first All in One Insurance Management App.

Insurance Broking including Placement

Our Insurance Broking Services, being a minimum level of engagement, help the Client in designing a RFQ , short listing the insurers, and thereafter, we approach agreed insurers with RFQ, prepare and submit a Quote Comparison. After hectic negotiation for the most value based coverage and evaluation, we help the Client in settling the final insurer...
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Portfolio Management Services

SPA's Portfolio Management Services provide end to end solution for insurance requirement of every sizable client. PMS is much more comprehensive than merely assisting you in placement of the business. It offers the client an opportunity to completely outsourcing its insurance function while retaining key decision making...
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Risk Analysis, Audit and Review Services

As against PMS, Risk Analysis, Review and Audit is a service limited in its scope. Many a clients in their initial phase of relationship with us, prefer to utilize our expertise for having their existing policies reviewed, risk environment scanned, gap found and constructing improvement suggested. We undertake such services with a fast pace and...
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Lenders Insurance advisory Services

Now-a-day. All large projects have major debt component. Lenders necessarily incorporate a provision of having Lender's Insurance Advisor in their Loan Agreement whose mandate is to assess the risks involved and suggest comprehensive insurance program. Working as LIA we offer same level of expertise otherwise available to our clients...
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Valuation & Risk Inspection Services

Valuation Services: Adequacy of sum insured is one of the foremost consideration for proper indemnification. Sum Insured, in turn, depends upon the replacement/market value of the underlying assets. We always insist that the Client must review the sum insured every year on every renewal. If the Client is unable to revise the same, they should use...
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E-Insurance Policies
Now each of your insurance policies (whether you have purchased insurance policy through 'SPA' or not) can be maintaintained in electronic form, saving you from hassle of preserving hard copies. Your new policies too can be secured in electronic form. SPA Insurance Broking Services Ltd ('SPA') has already been granted Registration to...
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Insurance is the subject matter of solicitation