MATHSONS RE-INSURANCE BROKERS PVT. LTD.

About us

We were established in the year 1973 as a partnership firm by our late founder Mr. H.L. Mathrawala. He started his association with Insurance & Re-Insurance in 1958, while editing and publishing books on Reinsurance written by Mr. Jorslav Tuma (Ex. Swiss Re Manager).

He was associated with various Insurance related activities like Reinsurance, Binding Authorities of Foreign Insurance Companies in India, Insurance Survey, Loss Prevention, Claims Investigations and Supervision. He was one of the pioneers in developing the Reinsurance Market in India.

COMPANY PRESENT DAY HIGHLIGHTS:

One of the leading Reinsurance brokers in the Indian market.
Converted to Private Limited Company on 5th April’ 1989.
Privately and Independently Owned.
Licensed & Regulated by IRDAI (https://new.irdai.gov.in/) since 3rd March’ 2003.
100% focused on Reinsurance Broking.
Direct Insurance Broking under consideration.
Majority of our relationships are direct between Cedant -M&S - Reinsurer.

BROKING SERVICES

We specialize in providing reinsurance solutions to insurance as well as reinsurance companies both in India and overseas.

Design and placement of ‘traditional’ and ‘tailor made’ reinsurance solutions matching the needs of both the Insurers and Reinsurers.

Lead Quotations and Following Market Capacity for both Treaty and Facultative Reinsurance.

The business is placed with well rated and financially sound securities in the market ensuring safe & efficient spread of risks for the following types of business

TREATY REINSURANCE

Proportional
Non – Proportional
Retrocession Non – Proportional
Stop-Loss
Alternative Risk Transfer

FACULTATIVE REINSURANCE

Proportional
Non – Proportional
Fronting Solutions
Alternative Risk Transfer

CLASSES OF BUSINESS HANDLED

Property

Fire
Engineering

Marine

Cargo
Hull
Shipbuilder’s Risk
Port Packages

Others

Agriculture
General Aviation
Upstream Energy (Onshore & Offshore)
Downstream Energy (Refineries, Petro Chemicals, etc.)
Miscellaneous

Besides the above classes, we are involved in various classes through our worldwide network of underwriters and/or co-brokers.

Our Team

We operate with a lean team of 14 persons including the Directors . Our team has a combined experience of over 150 years of experience in various fields of Insurance & Reinsurance.

Bipin H. Mathrawala

Chairman & Managing Director

Bipin Mathrawala has been responsible for laying the sturdy foundation for the company. He has been associated with the Reinsurance industry since 1978, gathering hands-on experience for over 45 years.

Under his leadership the company established key relationships with insurers and reinsurers both in India and internationally. He was one of the first brokers to travel to key conferences in Monte Carlo and Baden Baden in the early 80’s and develop direct relationships with reinsurers.

In his free time he is an avid tennis player and enjoys listening to music.

Gaurav B. Mathrawala

Director

Gaurav Mathrawala has over 20 years of experience and currently oversees the day-to-day operations of the company. His main focus is the marketing and business development functions.

As a result of this he travels across the globe to create new business relationships, and service our long-term clients.

Driven by his passion for the Reinsurance field, he keenly observes industry developments, news and trends to proactively inform strategic decisions for his clients as well as the company.

Gaurav earned his MSc Insurance & Risk Management from Cass Business School and his Bachelors in Commerce from Mumbai University. Like his father he is an avid tennis player, and strategic business decisions are often hashed out over friendly father-son matches.

Mr. P. N. Gandhi

Senior Executive

P.N. Gandhi joined Mathsons as a senior executive after an illustrious career in key leadership roles at GICRe and The Oriental Insurance Company Ltd.

His primary functions at Mathsons are strategic advisory and client servicing.

During his career at GIC he has successfully handled several departments including Crop Insurance when it was introduced by Government of India way back in 1985. He has handled financial lines of insurance in GIC Re as well and revived the credit insurance department with sizable premium income.

He is a National Merit Scholarship holder and graduated with honors with a Commerce degree from Pune University. He also acquired a professional degree as Chartered Accountant from Institute of Chartered Accountants of India.

Sanjay V. Mathrawala

Vice-President, Reinsurance Operations & Compliance

Sanjay Mathrawala has been a part of the Indian Insurance Industry since 1981 in various roles like surveyor, reinsurance, insurance manager and claims Investigator.

Prior to Mathsons, he was a senior insurance executive for Hyundai Motors India from to 2002 to 2007. He currently leads overall company operations as well as all matters related to compliance.

He enjoys sports, particularly watching and playing cricket.

Rema Mohan

RI Accounts Manager

Rema Mohan has been with the company since 1980. She is one of Mathsons’ early employees having played an important role in organizing accounting processes.

Over the years she has built expertise in all kinds of Reinsurance accounting and one of the best in the industry in this field.

She likes to listen music in her leisure time.

Trupti G.

Reinsurance Manager

Trupti G. joined the company in 1997 and has risen to the role of Reinsurance Manager with in-depth expertise of Treaty & Facultative Reinsurance.

She is also involved in Reinsurance Treaty and Fac placements underwriting and has good knowledge of Reinsurance wordings.

She is a nature lover and her hobbies include reading, travelling to new places and listening to music.

Seema Ranadive

Compliance & Financial Accounts Manager

Seema Ranadive has experience of over 28 years in the field of accounting, administration and finance. She has been an integral part of Mathsons since 2009.

She is an expert and heads Banking, Statutory Audit and Finalization of Accounts. She has a degree in Finance from WeSchool along with a certification program in Tax Management from Welingkar Institute of Management.

Her interests include reading and travelling.

Prachi Amberkar

Executive Assistant

Prachi Amberkar is our Executive Assistant extraordinaire with over 8 years of experience in fast-paced business environments.

She provides efficient secretarial and administrative support to senior management. She has the ability to handle multiple tasks efficiently and is a team player who is always willing to go the extra mile.

Nature fascinates her and her interests include traveling, reading books and listening to music.

Naresh Sangani

Accounts Manager

Naresh Sangani manages Reinsurance accounts involving processing of RI closings for various treaties as well as relevant liaising work.

He ensures compliance by leading communications with auditors and regulators.

He is a 1988 Commerce graduate from Mumbai University.

His hobbies include cricket and music.

Careers

We are growing rapidly, and always looking for talented individuals to fill positions across various roles.

If you are passionate about the reinsurance industry, service-oriented, and enjoy working with multi-national clients, please reach out to us by applying to one of the open job positions below.

We hire candidates on a rolling basis so in case no positions are shown below currently, you may reach out to us on hr@mathsons.com with a copy of your resume and cover letter.

We always welcome meaningful exchange of thoughts and ideas on all topics related to reinsurance, so simply send us an email to say hello!

Chairman and MD’s Message

We would like to acknowledge and thank all our clients, reinsurers, regulators, vendors, business partners, colleagues and friends who have played a significant role in our success. A special thanks goes out to our team, for tirelessly working to meet our client’s requirements.

Mathsons, or Mathrawala & Sons as it was called for several years, turns 50 in 2023. We are very proud of the growth the company has achieved and are excited for what the future holds.

As we reflect on our journey so far, the progress made would not have been possible without the continuous support of our industry peers. We would like to acknowledge and thank all our clients, reinsurers, regulators, vendors, business partners, colleagues and friends who have played a significant role in our success.

A special thanks goes out to our team, for tirelessly working to meet our client’s requirements.

As the third generation takes over the reins of the company, we see ourselves transforming from a multi-generational family business to a growing corporate entity. In June 2022, we took the first step in this direction by changing our name from Mathrawala & Sons to Mathsons Re-Insurance Brokers Pvt. Ltd. .

The future of our industry is extremely positive, and our vision is to continue our business expansion in parallel with industry growth.

From the last 50 years, to the next 50, our core values will always remain intact. To put our clients first by adding value and assist them in transforming their vision to value. To create long lasting relationships rooted in mutual respect and trust.

So on this special occasion, we celebrate the legacy of that past and continue to work towards shaping a rewarding future.

Chairman & Managing Director