Reinsurance

SMARTVISION CHITS PRIVATE LIMITED

SMARTVISION CHITS PRIVATE LIMITED

SMARTVISION CHITS PRIVATE LIMITED is registered in karnataka with business activity associated with reinsurance.

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Company profile

Company overview

Reinsurance

SMARTVISION CHITS PRIVATE LIMITED is a registered company in karnataka. Its recorded business activity is reinsurance.

Status: Active • Registered: 2016-07-04 • NIC: 65929

Private Company registered in Karnataka in 2016.

Registrar of Companies: ROC Bangalore.

Business activity

Reinsurance overview

A concise sample of services and capabilities associated with the recorded NIC activity.

SMARTVISION CHITS PRIVATE LIMITED is registered in karnataka with business activity associated with reinsurance.

Contact

Registered address

Bhandari Capital, 2nd Floor, Plot No.129 CTS No.1050, Khanapur Road, Tilakwadi,Belgaum,Belgaum,Karnataka,590006-India

Company email for Rajesh Manohar Desurkar: [email protected]

State: karnataka

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Reinsurance overview

A concise sample of services and capabilities associated with the recorded NIC activity.

Products

Signature offerings and core deliverables.

Treaty Reinsurance Placement

Design and placement of proportional and non-proportional treaty reinsurance programs for insurers operating across Karnataka National Capital Region. We model risk layers, negotiate terms with domestic and international reinsurers, and implement facultative backup arrangements to stabilize insurer balance sheets.

NIC 6520 — Reinsurance; supports corporate insurers, manufacturing risks, logistics fleets, and tech-enabled platforms.

Retrocession and Capital Optimization

Structuring retrocession treaties and bespoke capital solutions to manage peak exposures for insurers in manufacturing corridors and logistics sectors. Services include capital efficiency analysis, catastrophe modeling calibrated to regional perils, and structuring of sidecars or quota share mechanisms.

NIC 6520 — Reinsurance; focused on risk transfer and balance-sheet efficiency for Karnataka NCR clients.

Claims Risk Financing and Advisory

Advisory on claims financing strategies including stop-loss arrangements, loss portfolio transfers, and reinsurance recoverable management. We implement processes for timely recoveries, dispute resolution, and cashflow smoothing to preserve insurer solvency ratios.

NIC 6520 — Reinsurance; practical claims-focused solutions for insurers and brokers.

Services

Operational modules shaped around sector needs.

Treaty Structuring & Pricing

End-to-end treaty engineering including risk selection, attachment optimization, and premium allocation. Uses Karnataka NCR exposure data and industry loss history from manufacturing corridors and logistics networks to produce defensible pricing models.

Risk selection; attachment optimization; premium modelling

Claims Management & Recovery

Comprehensive claims lifecycle service from notification through recovery. Services include loss quantification, coordination with cedent adjusters, recoveries from reinsurers, and reserve monitoring to ensure timely and accurate settlements.

Loss quantification; recovery coordination; reserve monitoring

Risk Transfer Advisory

Strategic advisory for captive programs, alternative risk financing, and parametric solutions. We assess capital efficiency, regulatory implications, and operational impact for corporate clients and insurers operating in the Karnataka NCR region.

Captive design; parametric consulting; regulatory assessment

Operational metrics

Tables and charts derived from available data.

Company metrics

Authorized capital ₹ 10.0 L
Paid-up capital ₹ 6.5 L

Operational details

CIN U65929KA2016PTC094730
Company status Active
Registration date 2016-07-04
Company class Private
Company category Company limited by shares
Company sub-category Non-government company
Listing status Unlisted
Registrar of Companies ROC Bangalore
Registered state karnataka
NIC code 65929
Recorded business activity Reinsurance

Capabilities

Core capabilities for SMARTVISION CHITS PRIVATE LIMITED.

Design and placement of treaty and facultative reinsurance covers for property, casualty and transportation portfolios operating within Karnataka National Capital Region industrial belts.
Actuarial modelling, catastrophe exposure analysis, and scenario testing using region-specific loss drivers including manufacturing facilities, logistics hubs, and tech-enabled operations.
Claims risk-sharing frameworks, retrocession structuring, and collateral management to optimise capital efficiency and support insurer credit capacity.
Regulatory liaison and documentation for reinsurance contracts to ensure compliance with financial and insurance activity standards under Division 65 and Class 6520.

Directors & leadership

People behind the organization and governance structure.

VH

Vijaykumar Ratanlal Heda

Director

DIN/PAN: 02194776

Tenure: 10 years

SS

Shrinivas Narayan Shivangi

Director

DIN/PAN: 06925720

Tenure: 9 years

SC

Somashekar Punnappa Choulge

Director

DIN/PAN: 07551966

Tenure: 10 years

SP

Savita Pise

Director

DIN/PAN: 07582369

Tenure: 9 years

MH

Mahadev Sharanappa Hiroba

Director

DIN/PAN: 07582387

Tenure: 9 years

NS

Niraj Dineshchandra Shah

Director

DIN/PAN: 07582391

Tenure: 9 years

PS

Prashant Shivajirao Sawant

Director

DIN/PAN: 07582423

Tenure: 9 years

RD

Rajesh Manohar Desurkar

Director

DIN/PAN: 07582434

Tenure: 9 years

CP

Chandragouda Rudragouda Patil

Director

DIN/PAN: 07593893

Tenure: 9 years

MP

Manjiri Sangram Patil

Director

DIN/PAN: 07602965

Tenure: 9 years

MC

Mangesh Arun Chougule

Director

DIN/PAN: 07602990

Tenure: 9 years

Locations

Operational footprint captured from available filings.

Registered Office

Bhandari Capital, 2nd Floor, Plot No.129 CTS No.1050, Khanapur Road, Tilakwadi Belgaum Belgaum Karnataka - 590006

BELGAUM, KARNATAKA • 590006

Connected companies

Network view based on common directors and shareholding.

HEDA BUILDERS PRIVATE LIMITED

Karnataka

Active ₹ 2.0 L 1 common

Contact

Connect with SMARTVISION CHITS PRIVATE LIMITED

Talk to our team.

Messages will be sent to Rajesh Manohar Desurkar at the company email [email protected].