Insurtech leader Policybazaar continues to strengthen its corporate insurance division with the appointment of Amitabh Dewan as the head of its corporate risk business, PolicyBazaar for Business (PBFB). This strategic move comes as the company looks to expand its footprint in the corporate insurance market and fine-tune its growth strategies. With more than 20 years of industry experience, Dewan is expected to bring valuable expertise to PBFB and drive the company’s ambitions forward.
A Seasoned Industry Veteran
Amitabh Dewan’s extensive background in general insurance, risk engineering, and loss prevention positions him as a strong asset for Policybazaar. His impressive career spans various leadership roles at renowned companies, including Howden Broking, Mahindra Insurance Brokers Limited, and Willis Towers Watson. Dewan has also gained significant experience working across a diverse range of industries, including FMCG, manufacturing, and more, enabling him to bring a holistic understanding of corporate risk management.
Before joining PBFB, Dewan made significant contributions to the organizations he worked with, helping them build and implement effective risk management frameworks. His profound expertise in underwriting, claims management, and risk mitigation strategies makes him the ideal candidate to lead PBFB’s corporate risk division.
Strategic Leadership at PBFB
Policybazaar’s decision to appoint Dewan is a reflection of its commitment to expanding and strengthening its corporate insurance division. As the head of PBFB, Dewan will be responsible for charting out growth strategies, developing innovative risk management solutions, and ensuring that the division continues to deliver exceptional value to its corporate clients.
PBFB is already a well-established name in the corporate insurance space, offering tailored solutions to businesses across sectors. However, with Dewan’s appointment, Policybazaar aims to further solidify its position in the market by expanding its reach and diversifying its offerings. His leadership will be critical in expanding the company’s clientele, especially among large corporates looking for comprehensive risk management solutions.
Focus on Growth and Expansion
With Dewan’s expertise, PBFB plans to focus on building stronger relationships with existing clients while also targeting new markets. His deep knowledge of risk engineering and loss prevention will help the company develop more customized insurance offerings that can effectively mitigate a wide array of corporate risks.
As businesses across the globe continue to evolve and face new challenges, corporate risk management is becoming increasingly complex. The appointment of Dewan underscores Policybazaar’s proactive approach to addressing the evolving needs of its clients, particularly in the rapidly changing corporate landscape. Dewan’s leadership will be pivotal in helping PBFB scale its operations, improve its offerings, and drive business expansion.
A Bright Future for PBFB
As the corporate risk business continues to grow in complexity, Dewan’s industry knowledge and experience will help PBFB stay ahead of the curve. Under his leadership, Policybazaar’s corporate insurance arm is well-positioned to evolve its strategies, enhance service delivery, and further its mission to provide businesses with comprehensive, effective insurance solutions.
Conclusion
Amitabh Dewan’s appointment as the head of PolicyBazaar for Business (PBFB) represents a significant step in the company’s journey to enhance its corporate risk business. With over two decades of experience in the insurance industry and a proven track record of success in risk management, Dewan’s leadership will play a pivotal role in driving PBFB’s growth and expansion strategies. As corporate risk management continues to evolve, Dewan’s expertise will ensure that PBFB remains at the forefront of delivering value-driven, customized insurance solutions for its clients.