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Securing Futures with Trust & Excellence

IRDAI-licensed since 2018, we deliver expert insurance solutions across India with personalized protection for individuals and businesses nationwide.

7+ Years Experience
120+ Expert Team
10,000+ Happy Clients
Novo Insurance Team

Our Story

Founded in 2018, Novo Insurance Broking Pvt Ltd emerged from a vision to revolutionize insurance services in India. We recognized the need for a customer-centric approach that combines traditional values with modern technology.

Over the years, we've grown from a small team to a nationwide presence, serving over 10,000 clients across multiple sectors. Our commitment to integrity, innovation, and personalized service has been the cornerstone of our success.

IRDAI Licensed & Certified Insurance Broker

Our Growth Journey

Explore our milestones and achievements over the years

NOVO Insurance - Growth Journey 2018-2025

NOVO Insurance Journey

8 Years of Excellence • 2018-2025

Foundation & Growth

2018

Foundation Year

The Beginning

NOVO Insurance Brokers incorporated in Hyderabad, establishing our core team and operational framework.

Headquarters
Hyderabad, Telangana
Founded
2019

IRDAI Licensed

Official Recognition

Received IRDAI License for Direct General Insurance Broker, enabling comprehensive insurance solutions.

License Type
Direct General Broker
General Insurance
2020

Growth & Profitability

Break-Even Achievement

Opened branches in Bangalore and Pune. Achieved remarkable break-even by end of first financial year.

New Branches
Bangalore & Pune
Break-Even
2021

License Upgrade

Enhanced Capabilities

Upgraded to Direct Life & General Broker. Opened branch in Visakhapatnam.

License Enhancement
Life & General Broker
Visakhapatnam

Expansion & Excellence

2022

Pan-India Expansion

National Presence

Major expansion with branches in Kolkata, Ahmedabad, Chennai & Delhi. Presence in all major metros.

Metro Cities
4 Major Metros
Kolkata Ahmedabad Chennai Delhi
2023

Composite Broker Status

Elite Category

Achieved Composite Broker license. Expanded to Mumbai financial capital and Bhubaneswar.

License Status
Composite Broker
Composite Mumbai Bhubaneswar
2024

International Financial Services

Global Reach

Opened IFSCA Insurance Intermediary Office (IIIO) at Gift City, Gujarat. Opened Vijayawada branch.

International Hub
IFSCA, GIFT City
IFSCA Vijayawada
2025

Continued Excellence

Deepening Reach

Strategic expansion into Tier 2 and Tier 3 cities with Tanuku, Raipur, and Coimbatore branches.

Tier 2/3 Cities
3 New Branches
Tanuku Raipur Coimbatore

Mission & Vision

Driving our commitment to excellence and innovation in insurance services

Our Mission

To deliver tailored insurance solutions with unwavering integrity and continuous innovation, ensuring our clients' futures are secure and protected against all uncertainties.

Our Vision

To become India's most trusted insurance broker, driving accessibility and awareness through cutting-edge technology and unparalleled expertise across the nation.

Meet Our Team

Dedicated professionals committed to your insurance needs

S

Subbaraju Bhupatiraju

FOUNDER AND DIRECTOR

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S

Subba Rao

DIRECTOR

C

Chandra Sekhar. P

FOUNDER AND DIRECTOR

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S

Shyam Babu. Pilli

PRINCIPAL OFFICER & DIRECTOR

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S

Suresh Balakrishnan

Director

V

Vaibhav Raj

CO-FOUNDER

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S

Srinivas Nuti

Executive Director

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Trusted Partners

Trusted Partners

Collaborating with industry leaders worldwide

Our Locations

Find us at multiple locations across India

Bangalore

Bangalore

Manipal centre 47, 7th floor, South Block, Dickenson Road, Bengaluru 560042, Karnataka

8240244361

service.blr@novoinsure.com

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Pune

Pune

Office No 15, Millennium Apartment, Survey Number 11/1, Karve Road, Nal Stop, Erandwane, Pune 411004., Maharashtra

8830431041

corp.pune@novoinsure.com

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Visakhapatnam

Visakhapatnam

Flat No. 2A, Block B, Sea Doll Apartments, Opp Grandbay Hotels, Maharanipeta, Visakhapatnam - 530002., Andhra Pradesh

9493223444

jaganbabu@novoinsure.com

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Kolkata

Kolkata

4th Floor, Shri Manjari Building, 8/1A, Sir William Jones Sarani, Opp to Allen Park Kolkata-700071., West Bengal

8240244361

soumyajit.nandi@novoinsure.com

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Chennai

Chennai

Workafella, #10, Uthamar Gandhi Salai, Nungambakkam High Road, Chennai, Tamil Nadu, 600034., Tamil Nadu

9493223444

jaganbabu@novoinsure.com

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Ahmedabad

Ahmedabad

Office No 604, Royal Square, Opp. The Capital, Science City, Ahmedabad, Gujarat- 380060., Gujarat

7778004523

neha.sharma@novoinsure.com

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Delhi

Gurgaon

2nd Floor Infrapro office Plot No. 4 Minarch Overseas building Sector 44, near HUDA Metro Station, Gurgaon., Haryana

9555407616

sumbul.sarfaraz@novoinsure.com

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Hyderabad

Hyderabad

Unit 2E, 2nd Floor, Brij Tarang Towers, No. 6-3-1191 to 1196, Greenlands Road, Begumpet, Hyderabad, Telangana 500016., Telangana

9100509675

info@novoinsure.com

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Mumbai

Mumbai

WeWork C-20, G Block, Bandra Kurla Complex, Mumbai, Maharashtra, 400051., Maharashtra

9967004524

nikhilesh.p@novoinsure.com

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Bhubaneshwar

Bhubaneshwar

Hotel Ginger Bhubaneswar, Ground Floor, Opposite NALCO Bhawan, Jayadev Vihar, Nandankanan Road, Nayapalli, Bhubaneswar, Odisha 751013., Odisha

8328929720

anil.mohanty@novoinsure.com

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Raipur

Raipur

Zenith Coworking Space, 7th Floor, Currency Tower, VIP Square, Telibandha Road, Raipur Chhattisgarh,492001., Chhattisgarh

7828673538

shailesh.sahu@novoinsure.com

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Chandigarh

Chandigarh

Plot No: 1273, 3rd Floor, Sector 82, JLPL Industrial Area, Sahibzada Ajit Singh, Punjab - 160055., Punjab

9573766643

corp.sales@novoinsure.com

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