The J. B. Boda Group (The Group) was founded by our Late Chairman Mr. Jagmohandas Bhagwandas Boda, together with his brother, Late Mr. Dhirajlal Bhagwandas Boda, way back in 1943, when they set out from the small coastal town of Porbandar (Gujarat State) to Mumbai, the commercial hub of India, to start “Reinsurance Broking” operations. In those days, “Reinsurance Broking” was unheard of in India and the insurance business of the country was in the hands of European and American giants in the industry. The painstaking professionalism, unimpeachable standards of conduct and reputation for fair dealing of our founders enabled the Group to develop an organisation of respectable size from a relatively modest beginning. They pioneered Reinsurance Broking in India and today we are the largest and oldest Reinsurance Brokers in India, Asia, Africa, Middle-East, Developing countries, and the first Indian Multinational Reinsurance Broking House operating for over seven decades.
Late Mr. Bharat J. Boda was the third Chairman following his Father late Mr. Jagmohandas B. Boda and his uncle late Mr. Dhirajlal B. Boda. He was the President of the Insurance Brokers Association of India (IBAI) since its reconstitution in the year 2001.
After sudden demise of Mr. Bharat J. Boda in September 2011, Mr. Atul D. Boda took the helm as Group Chairman. Currently, Mr. Atul D. Boda along with Mr. Gautam B. Boda, Group Vice Chairman and Mr. Rohit A. Boda, Group Manging Director is leading The Group.
The legacy of the pioneers has stood in good stead. Our simple fundamental principle is “SERVICE” – service with sincerity, honesty and integrity; and this is what has given the reputation that The Group enjoys in the industry today.
One thing led to another and J. B. Boda Group started, related services such as Protection and Indemnity ( P & I ) Insurance, various types of Fire, Marine & Engineering Surveys, highly skilled and technical Off-Shore and On-Shore Surveys related to oil & energy, etc. These activities led to opening of offices outside of the Mumbai headquarter and today the Group has 25 Offices in India and 2 Associated subsidiary Companies and 3 representative offices overseas. The Group in its business activities is currently associated with over 300 companies in more than 90 countries. Today, we have more than 1000 personnel, including qualified and experienced Insurance and Reinsurance Professionals, Risk Management Professionals, Chartered Accountants, Valuers, Master Mariners, Naval Architects, Licensed Surveyors etc.