New Delhi,6th Jan, 2026: Policybazaar for Enterprise, the company insurance coverage arm of Policybazaar.com, has introduced the appointment of insurance coverage veteran Balasundaram R as a Senior Advisory Board member & Head of Marine Apply. With over 4 a long time of expertise within the Indian basic insurance coverage business, Mr. Balasundaram brings deep technical experience, strategic perception, and sectoral management that may assist information the corporate’s long-term development throughout the company insurance coverage panorama.
A seasoned basic insurance coverage skilled, Mr. Balasundaram has constructed a distinguished profession spanning underwriting, claims administration, and answer structuring throughout a number of strains of enterprise. He’s broadly revered for his in-depth understanding of the Indian basic insurance coverage market, with Marine Cargo being a key space of specialisation and long-standing experience. His technical mastery, mixed with a robust basis in finance, has enabled him to persistently steadiness underwriting rigour with industrial outcomes whereas designing bespoke insurance coverage options for complicated company dangers.
Past technical experience, Mr. Balasundaram is understood for his management in channel administration, negotiation, and crew growth. He has efficiently constructed and mentored high-performing groups throughout numerous roles and age teams, contributing to organisational resilience and functionality constructing through the years. He’s additionally a recognised business voice and a passionate advocate for core insurance coverage training. As a visiting college member at establishments such because the Nationwide Insurance coverage Academy and the Faculty of Insurance coverage, he actively engages with and mentors younger insurance coverage professionals. He’s a daily speaker and panelist at main business boards and webinars organised by our bodies together with IUMI, IBAI, III, and NIA.
Commenting on the appointment, Sajja Praveen Chowdary, Director, Policybazaar for Enterprise mentioned, “We’re delighted to welcome an business stalwart of Mr. Balasundaram R’s stature to our Senior Advisory Board. His 4 a long time of hands-on expertise usually insurance coverage, significantly in complicated areas similar to complicated marine cargo and hull exposures, will probably be invaluable as we proceed to strengthen our technical depth and advisory capabilities. His sturdy dedication to mentorship and coaching aligns carefully with our mission of delivering strong, well-structured insurance coverage options to India’s companies.”
The appointment underscores Policybazaar for Enterprise’s continued concentrate on deepening area experience and constructing a robust advisory ecosystem to assist Indian enterprises with more and more complicated threat and insurance coverage wants.
About Policybazaar for Enterprise
Policybazaar for Enterprise (PBFB), launched in 2021, is the company insurance coverage arm of Policybazaar, a family identify. Constructing on its retail insurance coverage experience, PBFB addresses the various insurance coverage wants of companies throughout India. It gives complete insurance coverage options to firms of all sizes, from startups and SMEs to giant enterprises, hospitals, medical practitioners, and healthcare establishments. With a client-centric and consultative method, PBFB offers customised recommendation and built-in options from a single, trusted supply. Its choices span worker advantages, legal responsibility, property, engineering, marine and transit, and cyber insurance coverage, amongst others. PBFB’s imaginative and prescient is to empower companies and professionals with strong insurance coverage options that assist them keep resilient in opposition to adversities and unexpected dangers.
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