Sanjay Kumar Email & Phone Number

Mumbai, Maharashtra, India

Mumbai Area, India

First Principal Officer of BSE Ebix Insurance. Instrumental in stiching Joint Venture between Bombay Stock Exchange(BSE Ltd) and Nasdaq listed Ebix Inc from Atlanta ,USA.Concluded Registration of the company with MCA and license approval and its renewal in Dec 2022 from Regulator IRDAI.Built full stack startup ecosystem to launch insurance broking and built strategic partnership with Distributors and insurance companies.BSE Ebix works on a B2B2C model,backed by worldclass Ebix… Show more First Principal Officer of BSE Ebix Insurance. Instrumental in stiching Joint Venture between Bombay Stock Exchange(BSE Ltd) and Nasdaq listed Ebix Inc from Atlanta ,USA.Concluded Registration of the company with MCA and license approval and its renewal in Dec 2022 from Regulator IRDAI.Built full stack startup ecosystem to launch insurance broking and built strategic partnership with Distributors and insurance companies.BSE Ebix works on a B2B2C model,backed by worldclass Ebix technology platform which enables PoSPs to offer instant Insurance products to their customers at a competitive premium.System integration with 20+ Insurance companies in General,Health and Life,Besides retail business, managed commercial product businesses also with over 40 In house companies in Fire,package,liability,employee benefits, Group life,CGL policy,crime Insurance policy,cyber risk protector,Directors and Officer liability etc) worth over 20 crores.Managed policy and RI support for IPL cricket Team. Show less

Corporate Office, Bengaluru Area, India

Responsible to drive "Profitable Motor Growth”. Formulated suitable pricing strategy, guidelines,control for risk acceptance and developed new products as per customer requirements. One of the key focus area was higher automation, data availability & analysis for key decisions.Managed over 1000 crs of Motor Business.New relationship stiched with American Express,Airtel Payment back and Suzuki.Provided support to OEM tieups of Hyundai,Renault,Nissan,Ashok Leyland,Top… Show more Responsible to drive "Profitable Motor Growth”. Formulated suitable pricing strategy, guidelines,control for risk acceptance and developed new products as per customer requirements. One of the key focus area was higher automation, data availability & analysis for key decisions.Managed over 1000 crs of Motor Business.New relationship stiched with American Express,Airtel Payment back and Suzuki.Provided support to OEM tieups of Hyundai,Renault,Nissan,Ashok Leyland,Top line grew by 9% and digital channel by 74%.Interfaced with Reinsurance dept and reinsurer to process their participation on reinsurer program. Negotiated contract terms with Reinsurer for the best protection available.Structured Reinsurance programs to maximise client benefits.Reconciliation of Reinsurance accounts and reconciliation of Reinsurance premium and claims. Show less

Mumbai

Head of Retail Underwriting.Involved in setting up product, process and system in retail product in a New Company.Developed and got approval for various retail products from IRDAI andAlso Got Product of the Year Award in 2013 for Home Insurance Product ( survey conducted by Nielsen.)Completed a Project on Simplification of Wording for Medisure Classic and shared with IRDAI– First of its kind in Indian Insurance Industry,Formulated a bundled Product for Tractor… Show more Head of Retail Underwriting.Involved in setting up product, process and system in retail product in a New Company.Developed and got approval for various retail products from IRDAI andAlso Got Product of the Year Award in 2013 for Home Insurance Product ( survey conducted by Nielsen.)Completed a Project on Simplification of Wording for Medisure Classic and shared with IRDAI– First of its kind in Indian Insurance Industry,Formulated a bundled Product for Tractor Financed through L&T Finance.Got Facultative Reinsurance Support from Reinsurer for Individual large risk.Discussed and Finalised excess of loss treaty for no of lines in consultation with Reinsurance Dept Show less

Corporate Office, Mumbai Area, India

Managed Personal lines Underwriting at Corporate Office for pan India.Formulated Underwriting rules and process, Engaged in regular product development- First in insurance Industry to launch Add on Cover for Motor, involved in revision of Home product reviewed PCG and Plus product.Conducted U/w audits of all the Zones and, Reviewed Portfolio performance periodically.

Various Locations

Joined as Direct Recruit as AAO. Worked in various departments in Branch, Division and Regional Offices for 15 years before moving to Private Sector.Major Achievements:Got appreciation from Courts for settling 300 Mact claims in two sittings in Balaghat, Chattisgarh. Did Banca Business from 60 Branches of Bank of India, Indian Overseas bank, Allahabad bank under Bancassurance Tie ups

Education record

Master Of Business Administration (M.B.A.), Specialisation In Marketing

Master’S Degree, International Politics