Friday, 25 January 2019


The concept of insurance was born out of human relationship, social welfare and mutual Securty. Risk distribution and risk sharing is the principle behind Insurance. History reveals that at 3000 BC Chinese and Babylonians had this of system of risk sharing. The system of loss sharing existed among Hindus in 700 BC and was well understood in Ancient Greece. Also understand that In Rome burial societies paid the cost of their members out of monthly dues ..

Shenoy Divakar .
Chartered engineer, Marine surveyor and Insurance claim consultant, Plant&Machinery , Ship and marine equipment approved Valuer . ISO Lead Auditor.
Member Institution of Engineers
Member International Institute Of Marine Surveying (UK)
Fellow Institute of Valuers
IRCA Certified Auditor.

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