Srinivas Injeti

Srinivas Injeti, former secretary of ministry of corporate affairs and former chairman of International Financial Services Centres Authority(IFSCA), has been appointed as chairman of Zurich Kotak General Insurance, with D Sundaram and Ravi Venkataraman as independent directors

Mumbai: Kotak General Insurance has re-branded itself as Zurich Kotak General Insurance, following the Zurich Insurance Group’s acquisition of a majority stake in the insurer, which was completed on 18 June 2024.

The legal name of the entity changes from KotakMahindra General Insurance Company Limited to Zurich Kotak General Insurance Company (India) Limited.

Srinivas Injeti, former secretary of ministry of corporate affairs and former chairman of International Financial Services Centres Authority(IFSCA), has been appointed as chairman of the new board, with D Sundaram and Ravi Venkataraman as independent directors.

Tulsi Naidu, CEO, ZurichInsurance Group, APAC, Mathew Reilly, COO, Zurich Insurance Group, (APAC , Pushan Mohapatra,former MD & CEO, SBI General Insurance, Gaurang Shah,non-executive director, Insurance, Asset Management & International Subsidiary, Kotak Mahindra Bank and Jaideep Hansraj, former managing director, Kotak Securities Limited) have joined the board as non-executive directors.

Combined, the new board of directors brings a wealth of diverse expertise in global markets, risk management, and customer-focused strategies that will guide Zurich Kotak General Insurance in accelerating future growth and expansion in the market.

“The rebranding to Zurich Kotak General Insurance represents a significant step in our shared journey to create a premier general insurer for the new India. This new identity is not just a change in name but a reflection of our combined strengths, values, and commitment to deliver insurance solutions tailored to the diverse needs of Indian consumers and businesses,” said Tulsi Naidu, CEO Asia Pacific, Zurich Insurance Group.

Suresh Agarwal, managing director & CEO, Zurich Kotak General Insurance said, “We will continue to work towards enhancing insurance penetration in the country through technology, scale, and bringing global best practices to our business, keeping customers at the core of it.”