Sanjeev S, Former MD & CEO, Bharti AXA General Insurance, joins ACKO

Sanjeev S

ACKO has appointed former Managing Director and CEO of Bharti AXA General Insurance Sanjeev S to its Board of Directors. He is now a member of ACKO’s Board of Directors.

ACKO plans to enter the health insurance space and recently announced a Series D fundraising of over $250 million, making it India’s newest unicorn company. The fundraising process was led by General Atlantic and Multiples Private Equity. The tour also included participation from the Canada Pension Plan Investment Board and Lightspeed, as well as existing investors, Intact Ventures and Munich Re Ventures.

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In the past four years, ACKO It has pioneered many early adopters, from direct-to-consumer to blended insurance, and has brought the customer back into focus through fair pricing, seamless claims, and building a new brand. From a start-up company, it has built a strong platform and taken the first step, ACKO needs strong leaders in its next stage. Leaders who imbibe the same values ​​and passion bring a wealth of experience,” he said Varun Dua, founder and CEO of ACKO. “We could not have asked for anything better than to have Sanjiv join with his 20+ years of experience. At Sanjiv, we have a partner who can drive the vision forward and play a critical role in preparing ACKO for its broad roles.”

Sanjeev has over 20 years of experience working with leading companies such as Fullerton India Credit and ING Vysya Life Insurance, among others. He has taken on diverse roles in the sector ranging from sales, planning and distribution to marketing and business management across different sectors. Sanjeev’s last role was as CEO of Bharti AXA General Insurance, which recently merged with ICICI Lombard.

Commenting on his new role, Sanjeev S. said: “It is heartening to see what the young and dynamic team at ACKO have already created in their first four years in business – the collective determination to make insurance convenient, transparent, fun for clients is so infectious and inspiring. It’s a great opportunity to build on this foundation. solid culture and making the collective vision a reality.”

Read also: Covid-19 prompted us to consider technology cloud infrastructure services: Naseem Halder, CISO, Acko General Insurance Limited

“As a platform, ACKO empowers customers to gain preference in purchasing products and services. This is powered by data and insights, which helps ACKO to differentiate and personalize its offering. This fundamental shift in consumer behavior creates a significant opportunity for ACKO. It enables simple and transparent proposals to be presented from Through technology that is easy to work with.”

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