Home>About Us
Why Us Icon

Our Foundation

KMD Group was founded in 1973 by Late Mr. K. M. Dastur, erstwhile Country Head of Norwich Union Insurance Company, operations in India. K.M Dastur & Company Ltd., London is a registered Lloyd’s broker. In the UK, KMD is authorized by the Financial Services Authority (FSA).

International operation includes offices in United Kingdom, Russia, Turkey, Morocco, South Africa, Kenya, UAE, India, Indonesia, Malaysia, Sri Lanka, Bangladesh and Myanmar.

Why Us Icon

Our Approach

Our approach to any business proposition begins by correctly understanding our client’s needs and preferences, thereby providing customized services that meet the requirement and develop sustainable partnerships.

Why Us Icon

Our Experience

As a Group, KMD has four decades of experience in all classes of insurance and reinsurance brokerage and advisory services both for non-life and life classes, with a total strength of 500 highly skilled and internationally qualified staff.

We have successfully developed long-standing relationships between top reinsurers internationally and several insurers and reinsurers worldwide.

Why Us Icon

Our Expertise

The Group’s specialties have been carefully selected, concentrating on areas of business where a difference can be offered to our clients. The team being in existence for decades, has a close working relationship, complementing each member’s strengths and skill sets.

Why Us Icon

Our Innovation

We believe in having a specialty-broker approach to business, which involves evaluation of client needs and preferences, market conditions etc. to best meet the expectations. A dedicated Research and Development division is available to constantly offer specific Structured Insurance and Reinsurance Solutions.

Having an independent presence in the London market, the importance of the contrast challenges in the fast-evolving reinsurance market is recognized, and the same is being adapted to meet the local requirements.

Why Us Icon

Our Independence

As a major insurance and reinsurance intermediary, KMD has an independent market position. This independence distinguishes the Group and gives us the freedom to do what is best for customers. Customers value this independence, which is well-reflected in the company’s long-standing relationship.

Why Us Icon

Our Value Proposition

  • To design a core reinsurance program to address the business plan of the company whilst ensuring adequate balance sheet protection
  • To negotiate program structure and terms & conditions to meet your requirement
Read More
Why Us Icon

Our Achievements and Contributions

  • Reinsurance of first independent power project in India in 1995
  • First to develop manuscript wordings for mega projects in India, which in turn saw the development of project finance with the support of insurance / reinsurance
Read More

How does the Group function?

As an organization, KMD believes in the power of inclusive finance as an effective tool for poverty alleviation, to transform ideas into action and action into impact.

As a Group, KMD partners with governments, regulators, multilateral and bilateral aid agencies and foundations on policy frameworks and in designing / implementing universal insurance schemes. Our approach is to develop and work in partnership with our clients and reinsurers rather than transactional.

The Group’s endeavor is to bridge the divide/gap between the world’s insurance markets and the most vulnerable, low-income households through relevant and inclusive micro insurance solutions.

What does the Group offer?

As an independent brokerage, KMD offers a range of risk management services and design insurance/ reinsurance solutions using standard and customized techniques.

As a versatile brokering house, KMD offers a large spectrum of risk management services. We design tailor-made insurance / reinsurance solutions using innovative and customized techniques to suit our client’s specific needs.

We have been offering Structured Large Automatic and Flexible Reinsurance Capacity across all classes for over two decades. This Capacity has enabled the development of local expertise across underwriting, actuarial, business development and the retention of premiums and growth of insurance in the local market.

Our Achievements and Contributions

  • Reinsurance of first independent power project in India in 1995
  • First to develop manuscript wordings for mega projects in India, which in turn saw the development of project finance with the support of insurance / reinsurance
Read More

Why Consider KMD For Your (Re)Insurance Needs?

Know Why