Insurance veteran Balasundaram R has been appointed as Senior Advisory Board member and Head of Marine Practice of Policybazaar for Business. Policybazaar for Business is the corporate insurance arm of Policybazaar.com.
A press release by Policybazaar for Business said, “With over four decades of experience in the Indian general insurance industry, Mr Balasundaram brings deep technical expertise, strategic insight, and sectoral leadership that will help guide the company’s long-term growth across the corporate insurance landscape.
A seasoned general insurance professional, Mr Balasundaram has built a distinguished career spanning underwriting, claims management, and solution structuring across multiple lines of business. He is widely respected for his in-depth understanding of the Indian general insurance market, with Marine Cargo being a key area of specialisation and long-standing expertise.
Beyond technical expertise, Mr Balasundaram is known for his leadership in channel management, negotiation, and team development.
Commenting on the appointment, Sajja Praveen Chowdary, Director, Policybazaar for Business said, “We are delighted to welcome an industry stalwart of Mr Balasundaram R’s stature to our Senior Advisory Board. His four decades of hands-on experience in general insurance, particularly in complex areas such as complex marine cargo and hull exposures, will be invaluable.”