Capri Global Capital to Incorporate Wholly Owned Subsidiary for Insurance Broking

Capri Global Capital Ltd is in the process of incorporating a wholly owned subsidiary, Capri Global Insurance Brokers Private Limited, with a proposed authorized capital of Rs. 75,00,000. The new subsidiary will carry on the business of insurance broking, advisory, consultancy and intermediation in all its branches. It will provide services in respect of all types of insurance and re-insurance for individuals, corporates, institutions, governmental and non-governmental entities. The subsidiary will also act/represent on behalf of clients in negotiations with insurers, reinsurers, underwriters, third-party administrators and regulatory authorities.