Optima Insurance Brokers Pvt. Ltd.

Industry Focus


Retailing accounts for 14-15% of India’s GDP. The Indian retail market is estimated to be US$450 billion and one of the top five retail markets of the world. The industry is moving towards a modern concept of retailing. Organized retail is a new phenomenon in India and despite the downturns, the market is growing exponentially. A growing middle class is contributing to this growth. India has liberalized its single brand retail industry to permit 100% foreign investment. India's retail market is expected to grow at 7% over the next 10 years, reaching a size of US$ 850 billion by 2020.


With a few famous international chains queuing up and mushrooming of shopping malls and multiplexes, it would be worthwhile to look into the variety of risks the industry may be exposed to. Several risks and compliance threats originate in politics, law, regulation or corporate governance.

Financial threat stems from volatility in markets and the real economy. The retail industry is also at risk due to the changing dynamics of the customers, competitors and investors. These can have a significant impact on the processes, systems, people and the overall value chain of the retail industry. The location of the retail store can impact its business. Employee relations, product recalls and supply chains also present challenges on a daily basis. While these strategic issues put the industry at risk, typical standard perils and accident scenarios cannot be ruled out.

Many warehouses storing consumables , electronic goods, garments and other material suffered huge amount of loss during the Mumbai, Chennai and Bangalore floods (in 2005) . Water logging on streets following heavy rainfall is quite common in cities like Kolkata, Guwahati, Gurgaon, Delhi, Mumbai. Subsequent entry of the same to the shops and warehouses can cause huge damage.

Optima Edge:

We understand that capturing an audience for your product is no easy task, particularly when there’s so much competition. Optima concentrates on managing your insurance risks, so you can focus on what your customers need and want.

We have developed specific retail industry insurance products that cover risks across the industry.

Case Studies


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Optima’s core group has more than 100 man-years of experience in insurance. Our experience has trained us in reading the fine print of insurance policies, understanding it and applying it for the benefit of our clients.

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M6, M Block Market, Greater Kailash-II, New Delhi-110 048
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M4, Greater Kailash-II, New Delhi-100 048

IRDA Registration Number 326  |  CIN : U66030DL2000PTC103603  |  Category : Direct Broker (Life and Non-Life)  |  License period : 22-03-21 to 21-03-24
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