151lines
in a single RFQ, keyed by hand
Sums insured, 60-odd add-ons, clauses, BI, deductibles — re-typed from the slip into your template every renewal.
For general insurance corporate brokers · India
The AI workspace for corporate insurance brokers. Every clause, sourced.
Draft RFQs, compare quotations clause by clause and audit the issued policy against what was agreed — every finding linked to the page it came from.
Preview link in under a minute No password, no call 3 days with sample data
Policy Audit · issued policy vs final quotation
- Every general insurance line
- Every finding source-linked
- No rankings — your call
Recognised & backed by
Our mentors
Mentored by leaders in insurance, education and India's startup ecosystem.
Dr Anil Paila
Vice Chancellor, IMS Unison University, Dehradun.
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Prof. (Dr) Abhijit K. Chattoraj
Chartered Insurer and Goodwill Ambassador of the Chartered Insurance Institute (UK), with 25 years in underwriting and claims at a leading public sector insurer.
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Mohit Nagpal
CEO, UPES DST iTBI. Member, Startup Task Force, Government of Uttarakhand.
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Why brokers lose RFQs
Complex RFQs aren't lost on price. They're lost in the fine print.
5quotes
in five different formats
₹50 Mn here, Rs. 500 lakhs there, a blank cell where a clause should be. Comparing them is a day of squinting at Excel.
1clause
missed — found at claim time
The issued policy quietly differs from what was agreed. Nobody checks line by line, until the client makes a claim.
What's waiting in your preview
The whole RFQ, in one workspace. Here's a glimpse.
From the client's slip to the issued policy — five tools working on the same documents. The full, hands-on workspace opens in your preview.
bimaai / workspace · draft the rfq
Draft the RFQ — full view in your preview
Edit every field, toggle clauses and download the Excel RFQ.
Glimpse on sample data · fictional companies.
How it works with you
Evidence, not opinions.
Built for a profession where one wrong number is an E&O claim.
AI never touches the numbers
Premiums, sums insured and coverage maths run in deterministic code. AI reads and explains — it doesn't calculate.
Every finding cites its page
Each verdict links to the policy page or quotation cell it came from. Check it in one click, not one afternoon.
No rankings. Your call.
BimaAI sets out how each quotation responds to the RFQ. It never ranks insurers — the recommendation is yours.
Human review at every step
Edit any field, override any finding with a note. Nothing goes to an insurer or client without you.
Meet Vidur
One agent across every step. On when you want it.
Ask in the workspace or forward an email. Vidur routes the work to the right module, keeps the evidence attached, and stays quiet until you call it.
In the workspace. “Generate an RFQ from this slip and pull company intel on the insured.”
Over email. Forward a renewal bond — Vidur structures the RFQ and flags what changed before you reply.
Vidur
On-demand only — never runs unprompted
Check the Indus General policy against the final quote and tell me what to raise.
- › Reading the policy schedule
- › Fetching the Clause Library
- › Searching relevant clauses
- › Verifying source evidence
44 of 50 terms match. Raise four with the insurer — MLOP is missing in the policy (quoted ₹2.87 Cr, issued ₹0), and the period starts two weeks late. I've drafted the endorsement request.
◉ Issued policy · Schedule p. 3 · Quotation D151
Estimate it for your desk
What's the paperwork costing you?
Your team spends hours on every RFQ drafting it, comparing quotes and checking the issued policy. Tell us how many RFQs you run and how long that document work takes — we'll show what handing part of it to BimaAI is worth.
25
6 h
50%
₹600
Hours back / month
75
Working days freed
9
Worth / month
₹45,000
How this is worked out
25 RFQs × 6 h = 150 h of document work a month
150 h × 50% = 75 h back (÷ 8 h ≈ 9 working days)
75 h × ₹600 = ₹45,000 a month
An estimate from your own inputs — not a promise of results.
Lines of business
Built for every general insurance line.
Property, engineering, marine, liability and specialty — the corporate RFQs where wordings run to 40 pages and every sub-limit matters.
Property
- Fire & Allied Perils (SFSP)
- Industrial All Risk
- Burglary
Engineering
- Contractor's All Risk
- Erection All Risk
- Machinery Breakdown
Marine
- Marine Cargo — open cover
- Domestic transit
- Specific voyage
Liability & specialty
- Commercial General Liability
- Product Liability
- Directors & Officers
- Cyber
To know more about our retail insurance products, email connect@bimaai.in.
Your clients' documents stay your clients' documents.
How we handle data- Broker console access is per user, per firm
- Shared reports use expiring links you can revoke
- Previews run on sample data — never your clients'
The team
Built by broking and engineering, side by side.
Founder-led and building with corporate brokers in India — DPIIT-recognised, one of the youngest startups recognised by Startup Uttarakhand, and the first startup incubated by IMS Unison Group. Talk to the people who build it, not a sales team.
Varad Raizada
Co-Founder & CEO
Product and insurance. Decides what BimaAI reads and how.
- SD
Shaurya Dhyani
Co-Founder & CTO
Engineering. Built the engine that reads every clause.
FAQ
Questions brokers ask
What is BimaAI?
BimaAI is an AI workspace for general insurance corporate brokers in India. It drafts insurer-ready RFQs from client slips, compares insurer quotations against the RFQ clause by clause, audits the issued policy against the agreed quotation, explains policy wordings, and researches the insured company — with every finding linked to the page or cell it came from.
Who is BimaAI built for?
Corporate and commercial general insurance brokers — RFQ teams, account and relationship managers, heads of corporate business, and claims and operations teams working on property, engineering, marine, liability and specialty RFQs.
Which lines of insurance does BimaAI support?
BimaAI works across corporate general insurance: property (Fire & Allied Perils / SFSP, Industrial All Risk, Burglary), engineering (Contractor's All Risk, Erection All Risk, Machinery Breakdown), marine (cargo open cover, domestic and specific policies), liability (Commercial General Liability, Product Liability, Directors & Officers) and cyber.
Does BimaAI rank insurers or recommend one?
No. BimaAI shows, requirement by requirement, how each quotation responds to the RFQ — honoured, exceeds, modified, gap, not specified or needs review. It does not rank quotations or recommend an insurer; the commercial decision stays with the broker.
How is BimaAI's quotation comparison different from an Excel comparison sheet?
It reads each insurer's quotation in its own format, normalises values (₹50 Mn, Rs. 500 lakhs and INR 5,00,00,000 are the same figure), checks all 150-odd RFQ lines, and links every verdict to the RFQ line and the quotation cell it came from. The output is a Quotation Comparison Report you can download as a PDF or share as a link.
What does Policy Audit check?
Policy Audit compares the issued policy or bond with the final quotation or RFQ it was bound on. It shows a match percentage, lists what to raise with the insurer — missing covers, changed limits, different periods or deductibles — with the page in the policy and the cell in the quotation, and drafts the endorsement request for you.
Does AI calculate premiums or coverage figures?
No. Premiums, sums insured and coverage maths run in deterministic code. AI is used to read documents and explain what the numbers mean, never to produce them.
Can BimaAI read scanned policies and Excel quotations?
Yes. It reads PDF, Word and Excel files, and scanned documents through OCR.
Who is behind BimaAI?
BimaAI is a founder-led, DPIIT-recognised startup from India. It is one of the youngest startups recognised by Startup Uttarakhand and the first startup incubated by IMS Unison Group, built by a team that combines insurance broking and engineering.
What do I get when I join the waitlist?
A preview link by email within a minute — no password and no call. The preview runs for 3 days from the first time you open it and uses a sample workspace with fictional companies, so you can try RFQ drafting, quotation comparison and the other modules straight away.
How much does BimaAI cost?
After the preview, the next step is a paid pilot scoped to your lines, insurers and workflows. Pricing follows that scoping — write to sales@bimaai.in.