Sujeet Kothare

Zurich Kotak General Insurance has announced the appointment of Birendra Mohanty as Chief Business Officer (CBO), marking a strategic addition to its leadership team. With over two decades of experience in insurance sales, distribution, and transformation, Birendra brings proven expertise in scaling operations and driving customer-focused innovations. At ICICI Lombard, he successfully led large-scale transformations across Agency and Broking, SME, and Bancassurance verticals, building high-performing teams and expanding digital-first, customer-centric channels. His leadership played a pivotal role in strengthening market presence and accelerating growth. In his new role, Birendra will oversee Bancassurance (including Banca Digital), Financial Institutions Group, SME, and Institutional & Government Business. Commenting on the appointment, Alok Agarwal, MD & CEO of Zurich Kotak General Insurance, stated that Birendra’s proven ability to lead innovation and scale will help the company unlock new opportunities in India’s evolving insurance landscape. CXO TechBOT extends best wishes to Birendra as he drives growth, innovation, and customer-centric insurance solutions across India. #InsuranceLeadership #CXOAppointments #InsuranceInnovation #CustomerCentricity #DigitalInsurance #InsuranceGrowth #InsuranceTransformation #NonLifeInsurance #BusinessLeadership #CXOTechBOT

1,207

178 Comments

💡 When healthcare finance breaks down, it’s the patient who pays the price!   From September 1, 2025, over 15,200 hospitals will suspend cashless treatment for Bajaj Allianz policyholders. This move, led by AHPI, is more than just a company-hospital standoff — it’s a wake-up call for India’s healthcare financing ecosystem. The core issues? ✅ Rising healthcare costs (7–8% annually) vs. outdated reimbursement rates ✅ Delayed payments & arbitrary claim deductions ✅ Hospitals feeling squeezed, insurers trying to keep premiums affordable For patients, the impact is immediate and painful — cashless is the very promise of health insurance. For hospitals, it’s about financial sustainability. For insurers, it’s about managing risk and fraud. 👉 The bigger question: How do we build a healthcare model where patients, providers and insurers don’t see each other as adversaries but as partners in health? India needs a reset in the way tariffs, claims and transparency are managed — with trust and fairness at the center. 🌍 As Ayushman Bharat has shown, access and affordability are possible but true sustainability requires balancing the triangle of patients–hospitals–insurers. ✍️ I believe this moment calls for collaboration over confrontation —regulators, insurers and healthcare providers must come together to redesign a sustainable, patient-centric system. 💬 What changes — policy reforms, digital health innovations or regulatory frameworks — do you think can bridge this trust gap? For complete details: https://lnkd.in/db3xVi63 #Healthcare #HealthInsurance #CashlessCare #BajajAllianz #Hospitals #PatientsFirst #InsuranceReform #AyushmanBharat #HealthcareInnovation 

719

150 Comments

Bridging the Skill Gap in Insurance – A Collective Step Forward Honored to be part of the First In-Person LIMRA LOMA Learning Consortium Meet (India) — a pivotal gathering of L&D leaders from across the Indian insurance ecosystem. With over two decades in this industry, I see this as more than just a knowledge exchange — it's a timely collaboration aimed at building future-ready talent. Backed by LIMRA & LOMA’s global expertise, and now strengthened with India-specific content developed by IIRM Hyderabad, we’re aligning international best practices with local market needs. The discussions were rich, the intent clear: empower our people to transform the insurance landscape through structured, skill-based learning. Gratitude to the stalwarts and leaders who lent their voice and vision to this initiative. The road to capacity building is long, but with such collective momentum, the direction is promising. Kartik Sakthivel, Ph.D. Debashree Varma Ashish Kumar Dr. Roop Kumar Nagumantry Ph.D , RIMS Fellow (RF), RIMS-CRMP, FLMI, ARM™️Sumit Sah CPCU,FSRI,FLMI,ARA,AIRC,ASLI,AIC,AINS,AIS,ITP,AICM Dinesh Bojwani #VVKMohan #Insurance #LIMRALOMA #LearningAndDevelopment #TalentTransformation #InsuranceIndustry #Leadership #IIRM #FutureOfInsurance #CapacityBuilding #India #insurance4all

107

9 Comments

India doesn’t buy insurance the way Wall Street imagines it. When we talk about insurance penetration in India, we can’t use a Western lens. We have to understand India as it is — diverse, aspirational, yet still building its economic foundation. For most Indians, the real challenge isn’t “mis-selling.” It’s low income and limited savings. A daily wager, small trader, or young salaried worker doesn’t have the luxury to separate risk cover from savings. For them, insurance is both — a way to secure their future while saving for it. Let’s not forget — for nearly 80% of Indians, “savings” means LIC. It doesn’t compete with equities or mutual funds. It competes with cash under the pillow or, at best, a low-interest bank account. Yes, term insurance is vital — but it’s not the right fit for the masses. The financially affluent can “buy term and invest the rest.” The rest of India needs bundled solutions that combine protection, savings, and trust. Instead of discrediting the legacy of LIC and private insurers who’ve built awareness and reach across Bharat, we should celebrate the foundation they’ve laid. Real inclusion means meeting people where they are, not lecturing them on where we want them to be. India’s insurance story isn’t broken — it’s evolving. #sanjivbajaj #sanjivbajajbajajcapital #sanjivbajajstories #bajajcapital #bajajcapitalinsurancebroking #bajajcapitalinsurance #bajajcapitallapremier #irda #mof #pmoindia

214

72 Comments