Monday, December 23, 2024

ACKO Appoints Sandip Goenka as CEO of Its Life Insurance Division

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ACKO Life, the newly launched life insurance division of leading insurtech company ACKO, has named Sandip Goenka as its Chief Executive Officer (CEO). As a founding member of the division, Sandip has played a crucial role in building the Direct-to-Consumer (D2C) life insurance business from the ground up.

With over two decades of experience spanning life, health, and general insurance, as well as consulting and reinsurance, Sandip Goenka brings unparalleled expertise to his new leadership role. His prior positions include Chief Financial Officer (CFO) at Exide Life Insurance and senior roles at TATA AIA and EY. His deep understanding of actuarial sciences, mergers & acquisitions (M&A), and cross-cultural business management will be pivotal in driving ACKO Life’s future growth and operational excellence.

Key Responsibilities

In his new role, Sandip will oversee several critical areas, including customer strategy, financial performance, operational efficiency, investor relations, and corporate governance. He will also lead the development of ACKO Life’s product offerings and long-term strategic growth plans.

Leadership and Industry Expertise

Sandip’s appointment is a testament to ACKO’s commitment to expanding its presence in the life insurance sector. As a qualified actuary and an alumnus of Columbia Business School’s executive program, Sandip is well-positioned to lead ACKO Life in delivering innovative and customer-centric life insurance solutions. His leadership experience spans key markets, including India, the UK, and Singapore, enabling him to bring a global perspective to ACKO Life’s strategic growth.

ACKO Life’s Vision and Expansion

ACKO Life operates as a D2C life insurance provider, offering tailored solutions to meet the evolving needs of Indian consumers. Under Sandip Goenka’s leadership, the company aims to leverage technology and innovative product strategies to solidify its position in the life insurance market. With a strong focus on customer satisfaction, operational efficiency, and corporate governance, ACKO Life is well-equipped to achieve its expansion goals.

About ACKO

ACKO, one of India’s leading insurtech companies, has made a significant impact on the general insurance space through its customer-centric approach and use of technology. The launch of ACKO Life marks the company’s entry into the life insurance sector, with plans to expand its footprint under the strategic leadership of Sandip Goenka.

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