Aswathanarayana

Qualification:

MSc. (Chemistry), 

Master of Management Sciences  

Associate, Insurance Institute of India, Mumbai. 

Experience:

  • Has 37 years of rich and successful career in the Insurance Sector, culminating in a leadership role of New India Assurance Company’s operations in the Caribbean as a Head of the Subsidiary Company in Trinidad & Tobago. The Company operated in Trinidad and Tobago and three other Island nations. Also instrumental in expanding operations into Guyana. 
  • Held the position of Dy. General Manager in the Corporate Office of New India having the responsibility for underwriting, claims and facultative reinsurance of marine hull & cargo, aviation and miscellaneous departments including liability. Also spearheaded the business process reengineering initiative of the company with a management consulting major. 
  • Before moving to New India, served for over 27 years   in various positions across mostly Southern and Western India with National Insurance Co. Ltd., as Branch, Divisional and Regional head.
  • As a Chief Regional Manager of Bangalore region having responsibility for operations in Karnataka had to his credit number of pioneering initiatives like bancassurance, auto tie-up, ISO certification of two divisional offices. 
  • Always pursued operational excellence with proactive & innovative approaches to product development, distribution channel & claims management and customer service excellence. Strongly believed in accomplishing the organizational goals through empowerment and development of people.
  • Joined the Insurance Industry as Direct Recruitment Officer of GIC in 1979 and was trained under the aegis of College of Insurance, Mumbai. 
  • Was Managing Director from January 2009 to March 2015, The New India Assurance Co. (T & T) Ltd., Trinidad & Tobago before joining NIA as Chair Professor (Non-Life)

Training & Seminars

Number of General Management and Professional Programmes with National Insurance Academy, Strategic Management Programme with MDI, Gurgaon and number   of International Seminars and Round Tables on Insurance, Reinsurance & Corporate Governance. 

Areas of Interest:

  • Emerging Trends in General Insurance
  • Product Development & Innovation
  • Claims Management
  • Develop Intermediaries and Alternative Distribution Channels
  • Business Process Reengineering
  • Human Resource Development
  • Project Insurance
  • Reinsurance and Health Insurance

 Email: 

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