Pankaj Arora appointed as the managing director and CEO at Raheja QBE General Insurance Company Limited

MUMBAI: Pankaj Arora has been appointed as the new Managing Director and CEO at Raheja QBE General Insurance Company Limited. A seasoned professional, Mr. Arora holds over 20 years of experience in building sustainable businesses across various geographies and lines of businesses. He has a successful track record in formulating and strategizing the overall business strategy and successfully executing the same.

Raheja QBE General Insurance Company is a joint venture between Prism Johnson Limited and the QBE Holding (AAP) Pty Ltd a wholly owned subsidiary of QBE Insurance Group Limited, Australia.

At Raheja QBE General Insurance Company Limited, Mr. Arora will be spearheading the Company’s plans to develop its capabilities in the fast growing personal lines space by increasing its product bouquet for the end customer. He will be responsible for the growth and development of the brand in India and believes that investments in technology and partnerships will play key role in fulfilling personal lines ambitions of Raheja QBE General Insurance Company Limited. Under his leadership, Raheja QBE will continue to excel in the Liability and other Commercial lines businesses, further building the brand aggressively.

Commenting on Mr. Arora’s appointment, Mr. Akshay Raheja, Chairman of the Board at Raheja QBE General Insurance Company Limited said, “We are excited to have Pankaj on board as we plan to grow our business multi-fold. I am confident that his experience and passion for building business will get us the desired growth and strengthen our position in the General Insurance industry. Over the next 5 years we plan to expand our footprints across the country with focus on tapping in to fast growing personal lines market”.

Speaking on his appointment, Mr. Pankaj Arora - Managing Director and CEO at Raheja QBE General Insurance Company Limited said, “We will continue to keep the customer at the center of every conversation and decision making. All our product innovations, technology investments, claims servicing tools will be developed keeping in mind how seamless and hassle-free is the customer experience. We aim to bring one unique innovation to the general insurance industry every 2 years”.

Pankaj Arora previously had a successful stint at Liberty General Insurance where he was the President of Retail Business, Banc assurance & Affinity, Digital and Marketing and Communication. Prior to Liberty General Insurance, he has worked with Tata AIG and Bajaj Allianz and also set up distribution practice for Religare and SMC. Pankaj Arora is a post graduate from IILM, Delhi. In 2015, he was awarded the Young Achievers Award in the BFSI segment and in 2016; he was felicitated with the Top 100 Retail Business Leader Award.

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