Aswathanarayana, Chair Professor (Non-Life)

Experience:

  • Has 36 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.
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  • 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)
Trainings & 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.  
Area of Interest:
  • Customer Service Excellence, Product Development & Innovation, Claims Management, Develop Alternative Distribution Channels, Business Process Reengineering, Human Resource Development, Reinsurance and Health Insurance.
Qualification: 
  • MSc. (Chemistry), Master of Management Sciences & AIII. 

Email:
  • aswathanarayana@niapune.org.in