IndusInd General Insurance Company, formerly known as Reliance General Insurance Company, has appointed Sharad Mathur as Managing Director and Chief Executive Officer, following the required statutory approvals. The appointment comes as the insurer prepares for its next phase of transformation and growth.
Mathur brings three decades of experience across the insurance and financial-services industry. Before joining IndusInd General Insurance, he held senior roles at Universal Sompo General Insurance, SBI General Insurance and ICICI Lombard, giving him experience across multiple areas of the insurance business.
In his new role, Mathur will focus on strengthening the company’s customer-centric strategy while supporting digital innovation, insurance inclusion, profitable growth and governance. His priorities include improving customer experience, strengthening distribution partnerships and building a resilient, technology-enabled organisation.
The appointment comes at a time when insurers are increasingly focusing on digital capabilities, wider distribution and customer-centric operating models. For IndusInd General Insurance, strengthening technology and distribution while maintaining profitable growth will be important as it develops its business under the new identity.
Mathur is a Fellow Member of the Institute of Directors and a Member of the Institute of Internal Auditors, India. His experience across general insurance companies is expected to support the insurer’s strategic priorities as it moves into its next phase of development.
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