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Our Bureau

Hyderabad, April 17

Kadel Insurance Services Private Ltd has been appointed general insurance broker by the Bombay Stock Exchange (BSE) and the National Mineral Development Corporation (NMDC).

The Hyderabad-based company is one of the earliest to be licensed as insurance brokerage firm in 2003 by the Insurance Regulatory and Development Authority (IRDA) and provides insurance services to clients ranging from individuals to corporate sector, according to Mr Sohanlal Kadel, Chairman and Managing Director.

For NMDC, Kadel Insurance will provide services to its Bailadila range of mines in Dantewada district of Chhattisgarh. NMDC currently operates three iron ore mines in the area. In the case of BSE, the firm will take care of its insurance needs, Mr Kadel said in a press release here on Tuesday.

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