About Us

ALEgION came into existence in 2001, to provide consultancy services in Operational Risk Management to enterprises across industry spectrum, focused mainly on the Insurance and Risk for corporate entities with Dr.N Raveendran as its Managing Director. The reforms and opening up of the insurance industry during that period, set in motion the drastic changes and rejuvenated Risk Management and General Insurance market in India.

Subsequently, ALEgION as an Insurance Broking company duly licensed by IRDA has been successfully delivering an effective risk management service gaining immense visibility and establishing its presence in the diverse marketplace. The early mover advantage possessed by ALEgION following reforms in Insurance Sector in concert with its knowledge base of very high order had enabled ALEgION to acquire premium clientele in India cutting across business segment

Our Vairaghya

We are dedicated to serveour Customers in the most ethical manner with honesty and integrity .Always Committed to deliver the highest service quality standards , proactively embracing the latest technology and Knowledge

Our PramanaVakya

• We will place customer’s needs above those of our own
• We will LISTEN to customer’s and correlate our actions and efforts to meet their business goals in an urgent and timely fashion.
• We will always meet the highest standard’ s of training , knowledge , and team work to continue or high level of integrity and credibility        to assure our customers obtain VALUE ADDED economic advantage .
• We will have the continuity of insurance expertise which will be the hallmark of our organization
• We will constantly field ACTIVE , Qualified Personnel to secure the very best competitive programs for the economic advantage and
         security of our Customers.
• We will try to achieve a Profitable operating ratio to assure a long term growth.

Background & Value Addition

We are operational risk managers and we render effective insurance advisory to corporate entities.

We are head quartered in Chennai and been in operation for over ten years. The company has combined staff strength of more than 75 qualified and experienced personnel handling all the allied areas of Risk Management, Marketing, Legal, Claims Management and back office operations.

Our professional team comes with varied experience, both from the industrial and insurance sector. Our corporate management is led by a team of experts having in depth of knowledge and experience in handling comprehensive range of corporate and commercial matters in all areas across a wide spectrum of domestic and cross border transactions. The team comprises of insurance experts, lawyers practicing in High courts and Supreme Court of India, Engineering specialists, and Financial analysts.

Accolades and Recognitions are a regular Feature for ALEgION but we take pride in stating the following:

• First Company to market and manage cashless insurance program for Group Mediclaim Policies in India
• First to market Business Travel Insurance Policies in India
• Instrumental in designing and developing seven new insurance policies
• Handled efficiently the largest Tsunami claim in India.
• Advisor to Kerala State Insurance Department providing insurance advisory services to the Kerala Government in the year 2007
• Managing Health and Accident Policies for 7 lakh members of Kerala fishermen Welfare Fund Board in the year 2007
• Advisor and Implementing Agency for National Trust, Ministry of Social Justice and Empowerment,Goverment of india successfully         implemented a Health Insurance Program for the disabled children in the country covering an expected beneficiaries of around
          20 million
• Advisor for Insurance to Public Sector Companies like BHEL, NALCO and NLC etc
• Total number of people estimated to be serviced under our Health portfolio for the year 2008-09 is around 2.2 million.
• Developed an assessment tool for assessing the capabilities for Micro Insurance Interventions; this tool is presently the de-facto model         and part of curriculum at a Pioneer Institute in London under the aegis of WHO
• Worked with Health Ministry, Government of India on developing Health Policies
• Pioneered “OFFICE ON WHEELS” in India which is acknowledged as the most outstanding distribution innovation in the Indian
          Insurance Sector
• Efficiently managing 75 lakh retail customers.
• Currently advising KUDUMBASHREE, Launched by the Government of Kerala for wiping out absolute poverty from the State through concerted community action under the leadership of Local Self Governments, Kudumbashree is today one of the largest women-empowering projects in the country

One of our esteemed clients described ALEgION’s services saying that they liked the dedicated service and the follow up activity. They also mentioned that ALEgION does not compromise in terms of highlighting risks that were emanating from a particular recovery action. ALEgION was appreciated for further following up with the attorneys to complete the recovery / subrogation procedure even after the claim was settled to the client.

Another corporate client regularly engages the services of ALEgION even though they have an international renowned broker as their Broker on Record.