Introducing Mr. Sharad Bajaj, COO Insurance Dekho
A visionary leader, Sharad Bajaj is the Chief Operating Officer (COO) and Business Head at Insurance Dekho, a leading InsurTech company in India. In his current capacity, Sharad is overseeing multiple business lines across B2C and B2B. Being at the forefront, he spearheads the planning and execution of business strategies that align with the company's goals and objectives.
Sharad did his graduation from St Xavier's, Calcutta and earned his MBA degree in Finance and Operations from Institute of Management Technology (IMT), Ghaziabad.
He has honed his skills and expertise over a remarkable career spanning 15 years, having worked for organizations like Digit Insurance, PwC, Axis Bank. During his stint with Digit Insurance that lasted for more than 5 years, he headed Strategy & Business Planning, Motor Claims and Operations. At PWC, Sharad worked in the Strategy Consulting Team focusing on Financial Services.
His academic background and diverse professional experience have equipped him with a strategic mindset and a comprehensive understanding of the intricacies of the business world.
Apart from work Sharad is a passionate traveler with a keen interest in new experiences. In his leisure time, Sharad often engrosses in a game of Sudoku, enjoying the mental stimulation it provides. His diverse interests reflect his curiosity and love for engaging in activities that enrich both his personal and professional life.
Q. How do you perceive the current market scenario for the insurance industry in India? What are the growth opportunities and potential challenges?
Esta historia es de la edición July 2024 de THE INSURANCE TIMES.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición July 2024 de THE INSURANCE TIMES.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
"IMS Unison University differentiates itself in the Indian higher education landscape through a strong commitment to quality education, a personalized student experience, and a modern, industry-relevant curriculum."
About Dr Anil Subba Rao Paila
IRDAI Corner
Insurance Regulatory and Development Authority of India (Insurance Fraud Monitoring Framework) Guidelines, 2024
Insurance Caselaws
The Himachal Pradesh State Commission orders Oriental Insurance Co. to pay Rs. 7.9 lakhs for repudiating an insurance claim solely because of delayed notification.
New Product Launches
Canara HSBC Life Insurance unveils new plan combining life protection and wealth creation
Gunford: Marine Insurance Fraud or Purely Coincidence!!
Global Maritime trade is affected hugely by the policies of maritime insurance being followed in various nations. An insurance policy is a contract in which an individual or entity (known as an insured) receives monetary reimbursement against losses, emerging from the occurrence of an event, from an insurance company (known as an insurer), generally in exchange for a premium.
How various insurtech startups are addressing the challenge of low market penetration in the Indian Life insurance sector
India's life insurance sector, despite being one of the largest markets in the world by population, faces a significant challenge in terms of market penetration. With a penetration rate hovering around 3% of GDP, it's clear that a vast majority of Indians remain either uninsured or underinsured.
Exclusion clauses in Insurance Contract: Enforceability and Interpretation
The terms of the insurance contract require strict construction without eschewing or adding the words in the contract. However, insurers are exempted from any liability where the loss is attributable to an excluded peril specified in the exclusion clause or not mentioned in the covered causes/perils/risks/loss.
Risk Management 2.0 in the new Gen Z Milieu
I notice that the world has significantly changed over the last five years due to black swan events (like Covid-19), geopolitical upheavals affecting supply chains (like situation in Middle east and Eastern Europe) and tech advances (like Al, robotics) have reshaped the risk landscape. Risk professionals must now adapt faster than ever to navigate these disruptions to ensure business resilience.
International News
Growing demand in Europe: Munich Re remains disciplined while further expanding
Life Insurance News
About 7 crore people have subscribed to the Atal Pension Yojana (APY) whose corpus has swelled to Rs 35,149 crore, Finance Minister Nirmala Sitharaman said.