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"With over 15 years in the insurance industry, I've focused on steering our company toward profitability and market leadership. Recognizing gaps in policy understanding and time-consuming processes, we founded Riskbirbal Insurance Brokers to offer quick, Al-driven solutions."

THE INSURANCE TIMES

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September 2024

Syed Meraj Naqvi is a visionary leader known for his astute business sense and a proven history of propelling overall growth. With over a 15-year career in the insurance industry, he has consistently guided the company towards profitability and carving a prominent position in the market. Today, Naqvi has plans to integrate cutting-edge technology in the insurance and risk management industry and provide seamless experience to small & medium businesses. Thus, he aims to create insurance products and risk management services that involve a mixed model of POS and direct engagement, facilitated by robust software solutions.

"With over 15 years in the insurance industry, I've focused on steering our company toward profitability and market leadership. Recognizing gaps in policy understanding and time-consuming processes, we founded Riskbirbal Insurance Brokers to offer quick, Al-driven solutions."

Syed Meraj Naqvi

CEO & Principal Officer Riskbirbal Insurance Brokers

Naqvi emphasizes on continuous learning and has established a research and development team within his organization to collaborate with insurers and other strategic partners.

Drawing from his rich experience, he saw a huge opportunity in gaps among the small businesses across tier-1 and tier-2 cities. As per IRDA data, nearly 85% of the MSMEs in India are uninsured. Although, small & medium business has been instrumental in contributing to the overall growth of the insurance industry. Thus, when he started his entrepreneurial venture, he aimed to serve SMEs and MSMEs with specifically designed, insurance and risk management products, leveraging the affinity model for effective sales.

Syed Meraj Naqvi's commitment to excellence, innovation, and sustainable growth positions him as a dynamic leader in the insurance sector, ready to take on new challenges while utilizing his exposure to transform small businesses.

Naqvi has a strong foundation in commerce and holds an MBA in Marketing and IT from the Institute of Environment & Management in Lucknow.

Q: Can you share the story behind the founding of Riskbirbal Insurance Brokers and the unique services and solutions that Riskbirbal offers to its clients?

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