3 weeks ago
Ethika Insurance Broking Completes 10 Years, 50,000 Claims Milestone
Ethika is a company that helps workers in India get their health insurance claims paid.
When an employee gets sick and needs a hospital, their company's insurance should help pay.
Ethika makes sure that actually happens, like a friendly helper between the worker and the insurance company.
This year, Ethika celebrates 10 years since it got its official licence to do this work.
In those 10 years, it has helped more than 2 lakh people and supported 50,000 claims.
It works with more than 750 companies and handled over 15,000 claims just in the last year.
Almost all of its clients stay with it year after year, which shows they trust it.
Lots of customers rate it very highly, giving it nearly 5 stars on Google.
The company says its secret is simple: when a claim is hard to get approved, a real person from Ethika stays with the family until the matter is solved.
Ethika Insurance Broking completed 10 years of its IRDAI licence, crossing 2 lakh lives covered and 50,000 claims supported.
The Hyderabad-headquartered employee benefits broker serves more than 750 companies across IT, pharma, manufacturing and services.
It handled more than 15,000 claims in the last year and reports 90% client retention.
The bootstrapped, profitable firm was founded by Susheel Agarwal, with co-founders Sandeep Mukka and Sarath Reddy.
It holds a 4.9-star Google rating across 3,800+ reviews, plus Great Place to Work certification and SOC 2 and ISO 27001 audits.
- Who
- Ethika Insurance Broking Pvt Ltd, founded by Susheel Agarwal and led by co-founders Sandeep Mukka and Sarath Reddy.
- What
- Completed 10 years of its IRDAI broking licence, crossing 2 lakh lives covered and 50,000 claims supported.
- Where
- Hyderabad, Telangana, India, with additional offices in Bengaluru and Mumbai.
- When
- Licence registered on 8 August 2016; the milestone was announced in August 2026.
- Why
- A corporate milestone celebrating a decade of claims-first employee benefits broking.
Key facts
- Milestone
- 10 years of IRDAI licence
- Licence registered
- 8 August 2016
- Lives covered
- 2 lakh+ (200,000+)
- Claims supported
- 50,000+
- Client retention
- 90%
- Google rating
- 4.9 stars across 3,800+ reviews
- Companies served
- 750+
- Claims handled last year
- 15,000+
Quotes
Susheel Agarwal
Founder of Ethika Insurance Broking
“"What I watch most closely is how many clients are still with us, because retention is the truest review a broker gets," said Sarath Reddy, Co‑founder, Ethika Insurance Broking.”
thehansindia.com
“"A broking licence is not a trophy. It is a standard we must meet every day," said Sandeep Mukka, Co‑founder and Principal Officer, Ethika Insurance Broking.”
thehansindia.com








