Mumbai-based Insurance service provider Alliance Insurance Brokers has announced the rollout of Employee Stock Ownership Plans (ESOPs) worth ₹55 crore, rewarding both top performers and long-tenured employees.
Speaking on the occasion, Aatur Thakkar, Co-founder and Director, Alliance Insurance Brokers said, “Alliance Insurance Brokers is trying to build one of the largest ESOP pools for employees in the insurance sector, to reinstate the sense of the ownership of the employees with the company. With over 25% year-on-year growth and a fast-expanding market presence, we owe our success to the passion and commitment of our team. We are issuing ESOPs not only to appreciate the high performers, but also to promote innovation, commitment and entrepreneurial culture within the organization.”
“As we continue to accelerate our insurance business, we are rapidly increasing our customer outreach across multiple product lines. We are also focused on acquiring the best of talent in the industry, who will become a valuable part of Alliance’s growth journey in the long run,” added Aatur. Alliance Insurance Brokers is renowned for fostering an inclusive, positive workplace culture. It recently secured the 2025–26 Great Place to Work® certification and, after attracting PE funding in 2015, is now gearing up for its next capital raise.
