Veteran insurance executive to lead the company’s next phase of growth, digital transformation and customer-focused services
BENGALURU, October 27, 2026: IndusInd General Insurance Company Limited, formerly Reliance General Insurance Company Limited, has appointed Sharad Mathur as its Managing Director and Chief Executive Officer (MD & CEO), following statutory approvals.
Part of the IndusInd International Holdings Limited (IIHL) Group, the company aims to strengthen its market position, expand distribution networks and accelerate technology-driven growth under Mathur’s leadership.
Mathur brings nearly three decades of experience in insurance and financial services, with expertise in business transformation, distribution expansion, technology-led innovation, corporate governance and sustainable growth.
Before joining IndusInd General Insurance, he served as Managing Director and CEO of Universal Sompo General Insurance for more than six years. During his tenure, he led key transformation initiatives, strengthened distribution networks, improved risk management and underwriting practices, and enhanced technology-enabled customer services.
Earlier in his career, Mathur held leadership positions at SBI General Insurance and ICICI Lombard, contributing to their growth during their formative years.
At IndusInd General Insurance, his priorities will include improving customer experience, expanding insurance access, strengthening distribution partnerships and driving profitable growth. He will also focus on digital innovation, sound governance and building a resilient, technology-enabled organisation.
Mathur is a Fellow Member of the Institute of Directors and a member of the Institute of Internal Auditors, India. He has completed executive leadership and compliance programmes at the University of Pennsylvania, the Indian School of Business, Harvard Business School and the Indian Institute of Corporate Affairs.
His appointment comes as the company seeks to build a more accessible, technology-driven and customer-centric insurance business while delivering sustainable long-term value to customers, distribution partners and other stakeholders.
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