Mr. Manoj Gopinath
In 1943, two visionary brothers, Late Mr. J.B. Boda and Late Mr. D.B. Boda began their journey from Porbandar, a small town in Gujarat, before India got independence and during World War II, to the city of Mumbai – commercial capital of India to establish the J.B.Boda Group, The Group pioneered in Reinsurance Broking, a concept which was unheard of at that time when the insurance industry was dominated by European and American companies.
The endeavours of insurance and reinsurance broking were established under the banner of their parent company, J.B.Boda & Co. Pvt. Ltd. The IRDAI opened up the market for insurance broking in India between the years 2002-2003. J.B.Boda Insurance Broking was launched in 2004 to cater directly to corporate clients. Another venture, J.B.Boda Reinsurance Broking, was established under a separate license to undertake the reinsurance broking activities. Later, the two entities – J.B.Boda Insurance Brokers and J.B.Boda Reinsurance Brokers – were merged in 2017 as a composite venture under J.B.Boda Insurance & Reinsurance Brokers Pvt. Ltd.
The Singapore office, J.B.Boda & Co. (S) Pte. Ltd., commenced business in the early 1980s, catering to the Far East, ASEAN, and other Asian markets. To cater to the UK, European, and Caribbean markets and undertake placements throughout the globe in the niche and traditional segments they started their UK operations in 1986, registered as J.B.Boda & Co. (U.K.) Ltd. The UK office was the first Indian Lloyds Broker enumerated in 2002. With the expansion of business worldwide, they have strategically located their representative offices in Dubai, Kenya, Nepal, Bangladesh, Morocco, Egypt, Indonesia and Nigeria.