About Us

Founded in 2006, WAI Insurance Broking Stands is a niche insurance broking company catering to the varied insurance requirements of the Corporates and HNI segments headquartered in Chennai, with branches extending across Mumbai, Coimbatore, and Kochi. Our journey began with a commitment to offer tailored insurance and risk management solutions, ensuring the secure and sustainable growth of businesses.

SMEs' Most Preferred Insurance Advisor

At WAI Insurance Broking, we aspire to be acknowledged as the foremost insurance advisor for small and mid-market corporate clients. We recognize the distinct challenges these businesses encounter and are committed to delivering unmatched assistance and direction. With a team of experienced Financial Services and Risk Management professionals supporting us, WAIIBS has fostered robust relationships with corporate entities across Tamil Nadu and Southern India through our provision of Insurance and Risk Advisory services.

Why Choose Us?

Trusted Partnership

We go beyond being service providers, standing as your trusted partner in securing and sustaining business growth.

Customer-Centric Services

Our approach is deeply rooted in understanding your business dynamics, ensuring tailored solutions to meet your unique needs.

Comprehensive Risk Solutions

We analyze associated risks and offer optimal solutions through robust risk management, mitigation, and transfers.

Cost-Efficient Options

Our commitment extends to delivering
suitable and cost-efficient insurance
solutions.
At WAI Insurance Broking Services

We're more than just an insurance brokerage.

Our expertise lies in navigating evolving risks and implementing optimal strategies for businesses. Here’s how we stand out:

  • Guiding businesses through changing risks
  • Extensive experience in handling major claims and ongoing advisory
  • Skilled Technical Advisors anticipate and prevent specific risks
  • Strong relationships with Indian insurance companies
  • Understanding of global best practices for mid-size businesses in Southern India

Guiding Your Growth

At WAI Insurance Broking, our mission is to be the premier provider of General Insurance solutions in South India. We're committed to serving as your trusted advisor for all insurance needs, offering top-tier services to support your success in today's competitive environment.

Your Success, Our Priority
Our vision is centered around your success. We aspire to be your go-to solution provider, offering innovative insurance solutions tailored to your specific needs. By prioritizing transparency, integrity, and excellence, we aim to earn your trust and become your preferred partner in risk management.

Advisors

WAIIBS is backed and promoted by two senior professionals, who have a proven track record in financial services, particularly in delivering solutions, building sales teams, driving service, and creating shareholder value. Built on integrity and professionalism, the team has built and nurtured strong corporate/promoter relationships in the region.

Mahadevan V

Senior Advisor

He is a Chartered Accountant and has served in leadership positions and boards of various companies including Aditya Birla Group, DSP Merrill Lynch, ICICI Bank, Wealth Advisors India, and Nippon Asset Management Ltd

Bharath Shetty

Advisor

With over 25 years of experience, Bharath has built his credibility and global network in the Banking and Financial Services sector.   His expertise spans the breadth of Private Wealth solutions and has been a trusted adviser for Ultra High Net Worth families across Asia. 

He has held senior positions in leading financial institutions in India and Singapore, including DSP Merrill Lynch, BNP Paribas, Coutts International, Generali Group and Standard Chartered Bank.   

His recent investment into WAIIBS is to tap into the emerging India growth story and take advantage of the opportunities in the Insurance Broking sector, while building a high quality, client centric and service-oriented businesses. 

He holds a Commerce degree from Loyola College, Chennai and received his MBA from Florida Atlantic University, Boca Raton, FL, USA. 

Our Team

The team has access to leading Indian family offices, domestic financial institutions, and leading international broking firms to partner in its growth plans. The first round of capital raise has been tied up and the business is ready for hiring, growth, and expansion.  

Sathyapriyan G

Principal Advisor, Director and Chartered Accountant

Principal Officer, Director and Chartered Accountant with over 30 years of experience in Insurance, Financial Services, Audit, Taxation, and Legal & Compliance.

Narayanan P

Director & Senior Technical Advisor

Anna University alumnus  (BE Mech. MBA, FIII ACII – London)An industry veteran with close to 4 decades of experience across manufacturing and insurance.   Well versed in all aspects of Corporate Insurance – Assets, Liabilities, Transit, Employee Benefits and Risk Management Solutions.. Past experience Include Ashok Leyland, New India Assurance, Chola MS General and Royal Sun Alliance, UAE. Has been with WAI Insurance Broking in the Chennai office since 2007. 

Prasad KR

Executive Director
An Engineer with 36 years with underwriting and claims management experience in Fire, Engineering, Marine, Liability,  Employee Benefits Past experience – The Oriental Insurance Company. Heads the company’s business efforts in the Coimbatore market since 2016.    

Lalitha Subhashini

Vice President
A Chartered Accountant who has worked in Finance, Accounting and MIS functions in the early part of her career with an Australian KPO Services company.  Over the past 10 years she has worked in Financial Services (Wealth Advisors/360 One) in Audit, Finance and Operations functions.  

TA Devarajan

Vice President

Vice President, MA, LLB, FIII with over 3 decades of experience in General Insurance underwriting and claims management. Expertise in the areas of Fire, Marine Cargo & Hull, Aviation, Energy, Engineering and Casualty insurance practice.

Raghu N

Asst. Vice President

Over 4 decades of experience in Marine Cargo, Marine Hull and Fire.  Had a long career with New India Assurance Co Ltd, before joining the Kochi Office.