Aon appoints new CEO of Reinsurance Solutions in India

Aon has introduced the appointment of Shailendra Sapra (pictured above) as the brand new CEO of its Reinsurance Solutions division in India, efficient June 1, 2024.

He brings an expansive background to his new position, having first joined Aon’s reinsurance analytics group in 2010. Sapra subsequently led the corporate’s Asia-Pacific agriculture observe and managed shopper relations throughout main regional and Singapore-based accounts.

In his new position, Sapra will concentrate on figuring out and capitalizing on development alternatives inside India’s shortly evolving insurance coverage sector. His duties will embrace addressing the insurance coverage safety gaps within the nation and enhancing the event of each new and present insurance coverage strains by growing capability and growing options and companies.

As a part of this new operate, Sapra will even be a part of the APAC area’s reinsurance government committee. Based in Mumbai, he’ll report back to George Attard, CEO of reinsurance for Aon’s APAC area.

“As Aon expands its presence in India, I am pleased to welcome Shailendra as our India CEO for Reinsurance. India is predicted to have the fastest growing insurance sector of all G20 countries over the next five years; when coupled with the country’s fast-growing economy, a pro-active regulator, and an appetite for technology and innovation, its emerging insurance sector is clearly on an upwards trajectory,” Attard mentioned.

“This appointment marks another milestone in Aon’s progress in India and reflects our broad commitment to the India market and to meeting our clients’ evolving needs – through investing in our reinsurance capabilities, but also delivery of our broader risk capital and human capital capabilities,” Attard mentioned.

Sapra’s appointment additionally aligns with Aon’s strategic targets below the agency’s 3×3 Plan, which goals to reinforce the corporate’s potential to navigate volatility, construct resilience, and enhance enterprise decision-making for shoppers.

What are your ideas on this story? Please be at liberty to share your feedback under.