Mittal Surveyors Private Limited is engaged in the Professional work of Survey & Loss Assessment of the claims of General Insurance Industry. We offer exceptionally high quality services. We are strategically located in Bathinda, Punjab. Our team of Professionals & IRDA approved Surveyors are ready to assist the insured on short notice anywhere in Punjab, Haryana, Chandigarh and other locations. All the Directors of the Company are qualified Chartered Accountants and licensed Surveyors. We have a team of dedicated members who maintain highest standards of professional ethics.
To assess the losses independently, without prejudice and without being motivated by any pressure furthermore speeding up the process to help the insured to recover from the damage as soon as possible.
Fire: Category “A”
Miscellaneous: Category “A”
Marine Cargo: Category “B”
The firm was founded by Sh. Rattan Lal Mittal, Surveyor and Loss Assessor way back in 1965. He had a 2 digit survey license no i.e. 39 and was one of the oldest surveyors of India. He was a Fellow member of the Institute of Insurance Surveyors and Adjusters, Mumbai.
In 1986, his son CA. Parmod Mittal, who is a qualified chartered Accountant, coupled him and they ran the firm of Surveyors & Loss Assessors under the name “M/s Mittal Associates”. They earned good reputation and name in the field through their integrity and commitment towards the profession.
In order to expand the activity in 1990, the firm was converted into a Corporate Entity under the name and style of “Mittal Surveyors Pvt. Ltd.,” with its registered office at Bathinda, Punjab. Since then the company had numerous opportunities to serve Insurers in both public and private sector.
The Company has grown over decades and generations. Recently in 2012,CA. Himanshu Mittal, son of CA. Parmod Mittal has also united hands as a Surveyor and Loss Assessor. He is also a qualified Chartered Accountant.
|Name||Mittal Surveyors Pvt. Ltd|
|Regd. Address||Mittal Street, Amrik Singh Road, Bathinda, Punjab, India|
"Success is the sum of small efforts, repeated day in and day out."
General insurance growth slows down to 13% during Apr-Nov –
According to the latest data released by the insurance regulator, the growth of the General
insurance sector has further slowed down to 13 per cent during April-November, with a gross premium of Rs.50,307.56 crore. The general insurance industry had grown by 19.38 per cent to Rs 44,451.32 crore during April-November 2012. The general insurance industry had grown by 14.24 per cent for the six months ended September, with a gross premium underwritten at Rs 38,718.18 crore, compared with Rs 33,890.49 crore in the same period of last year.
“The General insurance premium growth is strongly linked to economic growth. Motor sales have been declining, not many new infrastructure projects have got sanctioned, growth in government health insurance schemes have remained flat. All these reasons have led to a slowdown.”
“But growth will pick up in the last quarter as people buy insurance to save on taxes. This year, the non-life insurance sector will close with a growth of 14-15 per cent. The 19-20 per cent growth in general insurance witnessed last year was when the economy was growing 7-8 per cent.”
Of all the general insurers, Royal Sundaram General Insurance was the only insurer that reported a negative growth of 3.85 per cent for November.
The four public sector general insurers grew by 10 per cent to Rs 28,174.85 crore during April-November, while the private insurers grew by 17.54 per cent during the period to Rs 22,132.70 crore.
IRDA to set up outposts in Mumbai, Delhi - The Times of India (Delhi edition)
IRDA had been functioning far from the financial markets of Mumbai where most companies are located, and from the finance ministry at Delhi. Sources say that this geographic isolation was one of the reasons why the regulator did not get market feedback of malpractices in the industry. The regulator is trying to correct this by setting up outposts in New Delhi and Mumbai. Offices of the erstwhile Tariff Advisory Committee, which has been taken over by IRDA, are likely to be turned into regional offices.