MIALTUS
A REVOLUTION IN THE INSURANCE ARENA BACKED BY ZEALOUS LEADERS
“We live in an unpredictable world these days. Thus, there are many legitimate reasons to prepare yourself for those unannounced curveballs.” And the most tremendous way of curing your future and tackling the upcoming risk is certainly insurance. According to the current data, the Insurance & Broking realm is surpassing like never before. And with that being said, we are here to give some food for thought to our global readers.
Business Connect has been a great platform for featuring some of the greatest leaders and ventures in the business world. And here again, we are back with our exclusive edition of the month talking about more such leaders. In this context, our editorial team had an interesting and joyful virtual session with the leadership panel of Mialtus Insurance Broking Pvt. Ltd.
The management of the company, and the Founder & Director, Ms.Vidya Bhuta shared numerous lesser-known facts about the company and she also shed some light on her overall entrepreneurial journeys so far with us. We truly hope and desire that this fascinating read will add some extra value to the lives of our global readership panel and will surely encourage the budding leaders out there to break the barriers and chase their dreams.
COMPANY PREFACE
Giving a detailed introduction of the company, Ms. Vidya affirms, “Mialtus is a professional insurance broking firm, headquartered in Mumbai, Maharashtra, India, and has a presence across 48+ cities in India with business in Insurance Broking and Risk Management Consulting. We work under three vertical models – Corporate, Retail and Agency. We have a core set of values and this approach forms an essential part of what we call the “Mialtus Way”.
We work with our clients to understand their individual and/or business risks and discuss how to use insurance to protect their assets and businesses. In addition to providing expert advice on managing and reducing risk, we also offer a wide range of insurance products. Since our inception, we have grown more than 100% every year. We pride ourselves on referring to a level of service that goes beyond what is written into your contract and believes in building relationships, which encompass relationships longer than business interactions.”
She further adds, “Our Mission at Mialtus is to create a socially relevant and environmentally accountable business through transparent, honest, and committed teams and partners. We are committed to impacting people’s lives positively by doing our part. In addition to providing innovative, convenient, and informed solutions, we strive to improve the quality of life. We work towards the environment by securing places and landscapes important to all of us and for future generations.
And we aim to do all this with our honest and hard-working smart teams and partners. Our Vision is to be a global leader and inspire people to interpret and imbibe insurance. With an intent to be identified as a transparent, loyal and valuable partner which becomes a household name, we have aggressively and ambitiously embarked on this journey.
Insurance, as an industry has led to misinformation and the information about its products, benefits, and services provided. At Mialtus, we aim to interpret insurance to people in its true form and spirit and help them take advantage of this resource to the fullest.” PushButton – Premium Vasool Insurance has been designed as a platform to make it easy for you to get the best deals for various Insurance policy buying in the market.
With Pushbutton, you can compare prices from different insurers, assess the coverage levels and benefits of each policy, and choose the one that best suits your needs. You can also buy policies directly from the website, without having to go through the cumbersome task of asking for an offline quotation and comparing it yourself. We believe that everyone deserves access to quality and affordable insurance.
As such we strive to offer a wide range of insurance coverages for individuals, families, businesses, etc. We also have a unique & first in the industry – feature of video call assistance which will help you talk to our experts immediately and decide prudently. We provide 100% accurate information about insurance plans, carry risk assessment & risk management and prevent policy lapses. Thus our online portal is under constant monitoring and updated with the latest information and regulations.
ORGANIZATIONAL CULTURE
At Mialtus, the team has a very open, empathetic work culture. The Founder also revealed that it hasn’t been an easy ride for the team to grow from a 5-member team to now 250 members in four years. “Learning through our mistakes and progressively achieving common goals has been key elements of our growth in this environment.
As a result, my work culture is inclusive and has an open-door policy for everyone we obviously have a lot to improve, and we are working toward that goal, but I am happy with the work culture that Mialtus has established. Our work culture is based on certain values. Our first value is teamwork,” says Ms. vidya.
“Our team is our strength, and we work smart. This organization has a lot of young people, so everyone believes in smart work which produces results, which I am proud of. In addition, we encourage employees to stay healthy: My employees are my strength; they have no choice but to be healthy. The organization support employees who aren’t healthy or not going as well in good times.
Furthermore, communication is key-whether internally or externally, nothing or any relationship can function without it. And lastly, Mialtus emphasizes being positive. It is important that we maintain a positive vibe both internally and externally so that we can motivate others and motivate ourselves and achieve substantial growth within our company,” she adds.
MILESTONES TO BOAST OF
Outstanding Effort and Untiring Commitment in Giant Step 2.0 ” Award By TATA AIG (2022)
Outstanding Contribution towards General Insurance – 2020- 2021 (ICICI General Insurance),
Mega Star Club Category By Reliance General Insurance FY 2019-2021,
Performance Excellence Award 2019 For Exemplary Results & Outstanding Performance (2019) (Future Generali Insurance) Young Women Achiever Year (2019) (Insurance Alerts)
PARTING WORDS
Before signing off, the enthusiastic leader shared a few words of wisdom for our upcoming entrepreneurs out there by quoting, “I think it is always a good idea to take advice from those who have already faced setbacks and achieved their success despite them to minimize the risks of learning lessons the hard way. My belief as an entrepreneur is that ‘When you embark on an entrepreneurial journey, you will experience so many emotions that it takes every ounce of your being to accept that you have evolved.’
Lastly, I would like to thank all the readers of Business Connect and as an entrepreneur, I would like to encourage and motivate them to have an attitude of adaptability and be open to changes and just like us (Mialtus) aim to create a socially relevant and environmentally accountable business. So, pick up the courage to get started. Stay positive and keep moving forward!”
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