IRDAI Licensed · Trusted Since 2019

Trusted Advisors Delivering Protection That Matters

With years of hands-on experience, Novo Insurance Broking Services Pvt Ltd helps families, individuals, and businesses make informed and confident insurance decisions.

7+ Years Excellence
10K+ Clients Protected
120+ Expert Professionals
Novo Insurance Team
Novo Insurance Building

Since 2018, Novo Insurance Broking Services Pvt Ltd has evolved from a small advisory firm into a respected name in insurance consulting. Our foundation has always been built on clarity, discipline, and personalized guidance.

We started as a boutique advisory firm in Hyderabad and have evolved into a pan-India powerhouse, serving over 10,000 clients across diverse sectors with unwavering commitment.

Supported by 120+ professional experts, we design protection solutions tailored to real-life needs—always grounded in trust and accountability.

"“Our role is to simplify decisions and guide you toward the coverage that truly fits.”"

×
Our journey

Built steadily. Growing responsibly.

Eight milestones that shaped Novo’s insurance advisory platform.

  1. 2018

    Foundation Year

    NOVO Insurance Brokers incorporated in Hyderabad, forming the core team and establishing operational systems.

  2. 2019

    IRDAI Licensed

    Received the Direct General Insurance Broker licence, enabling full-scale insurance operations.

  3. 2020

    Growth & Profitability

    Opened Bangalore and Pune branches and achieved break-even within the first financial year.

  4. 2021

    Licence Upgrade

    Upgraded to Direct Life & General Insurance Broker and opened the Visakhapatnam branch.

  5. 2022

    Pan-India Expansion

    Expanded into Kolkata, Ahmedabad, Chennai and Delhi, building a presence across major metros.

  6. 2023

    Composite Broker Status

    Achieved Composite Broker status and expanded to Mumbai and Bhubaneswar.

  7. 2024

    International Financial Services

    Opened an IFSCA Insurance Intermediary Office at GIFT City and expanded into Vijayawada.

  8. 2025

    Continued Excellence

    Expanded into Tier 2 and Tier 3 cities, including Tanuku, Raipur and Coimbatore.

Mission & Vision

Driven by purpose, guided by values, committed to transforming insurance.

🎯

Our Mission

To redefine insurance advisory by offering thoughtful, ethical, and insights-driven guidance that helps clients navigate risk with clarity and confidence.

🔭

Our Vision

To establish a global standard in insurance brokerage—where trust, expertise, and excellence shape every client relationship and every protection strategy we deliver.

Why Choose Novo

Distinct strengths that define our advisory approach.

🔍

Unbiased Recommendations

Independent advisors dedicated to securing the right protection—always aligned with your best interests.

🏅

Certified Expertise

A team of IRDAI-licensed professionals trained to deliver precise, well-informed guidance.

🏅

Seamless Client Experience

Streamlined processes—from discovery to servicing—designed for clarity and convenience.

💰

Cost-Effective Structuring

Strategic policy design and negotiation that consistently deliver significant savings for clients.

📞

Dedicated Relationship Manager

A single point of contact who understands your portfolio in depth and supports you throughout the journey.

🚀

Claims Advocacy

Hands-on assistance ensuring accurate documentation and smooth, timely claim resolution.

Leadership

People behind the advice

Experienced professionals focused on clear guidance, sound placement and reliable service.

SB

Subbaraju Bhupatiraju

Founder And Director

in
SR

Subba Rao

Director

CP

Chandra Sekhar. P

Founder And Director

in
SP

Shyam Babu. Pilli

Principal Officer & Director

in
SB

Suresh Balakrishnan

Director

VR

Vaibhav Raj

Co-Founder

in
SN

Srinivas Nuti

Executive Director

in
HV

Hemaprasad Veeramachaneni

Chief Operating Officer

in
SD

Sai Kishore D

Head- Human Resources

in

What Defines Us

Fundamental principles guiding every decision and relationship.

🤝

Trust & Transparency

We communicate clearly and act with integrity.

🎓

Expert Advisory

Our team provides informed, reliable advice.

💡

Continuous Improvement

We refine our processes to deliver better service.

Client-Centered

Your priorities shape every recommendation.

Responsive Support

We ensure timely and clear assistance whenever needed.

💪

Long-Term Partnership

We stand by you as your protection needs evolve.

Our network

Local teams. Nationwide perspective.

Office details are loaded directly from Novo’s current branch directory.

Open location finder

Bangalore

Bangalore, Karnataka

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

8240244361

Pune

Pune, Maharashtra

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

8830431041

Visakhapatnam

Visakhapatnam, Andhra Pradesh

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

9493223444

Kolkata

Kolkata, West Bengal

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

8240244361

Chennai

Chennai, Tamil Nadu

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

9493223444

Ahmedabad

Ahmedabad, Gujarat

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

7778004523

Delhi

Gurgaon, Haryana

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

9555407616

Hyderabad

Hyderabad, Telangana

6th Floor, Pranava’s One Hyderabad – Commercial,
6-5-654, Punjagutta Road,
Raj Bhavan Quarters Colony, Somajiguda,
Hyderabad, Telangana – 500082

9100509675

Mumbai

Mumbai, Maharashtra

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

9967004524

Bhubaneshwar

Bhubaneshwar, Odisha

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

8328929720

Raipur

Raipur, Chhattisgarh

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

7828673538
Let’s talk insurance

Get clear advice before you decide.

Tell us what you need to protect. A Novo advisor will help you understand the options without pressure.