Board of Directors
Our distinguished Board of Directors comprises industry leaders who bring diverse experience in insurance, finance, technology, and business management to the table. Their vision guides us to forge strategic partnerships and ensure India Insure remains at the forefront.
Ramakrishna Vurakaranam is a Chartered Accountant with over two decades of Corporate Experience prior to founding IIRM Holdings Group and India Insure. His passion for Institution building ,Team work and Technology driven Customer service drives the group.
He pioneered the Licensing of Insurance broking in India and actively lobbied for getting the Regulation passed in parliament. Championing the cause of Insurance broking was crusade for him and he actively propagated the concept in media in conferences and in all public forums. He was an active participant of Insurance brokers Association of India and Director for 2 terms.
His vision to build an employee listed organization has come good with the group holding company being listed on the Mumbai Stock exchange. He is actively pursuing his dream of taking the India Insure's model accross the country.
Sasi Kumar Adidamu is the Vice – Chairman of India Insure Risk Management and Broking Services Ltd. He is based out of Hyderabad and shall assist the Chairman in driving the Group forward to the next level. He will focus on helping to grow India Insure’s International footprint in Africa and Far east and strengthening the base in Lanka and Maldives. On the Indian market front he will actively focus on the Acquisitions we are planning and strengthen our Property and Engineering portfolio.
Prior to this role , Sasi Kumar was the Chief Distribution Officer ( CDO) , Institutional Sales for Bajaj Allianz General Insurance and was responsible for leading the company’s IB portfolio through various distribution channels such as Bancassurance , Brokers and Direct Corporate business. He was also responsible for strategic tie-ups through Government Business and Crop Insurance. He also managed product portfolio of the organization.
Prior to CDO role, Sasi Kumar managed Company’s underwriting , Claims , Re-insurance and Risk Management portfolio as Chief Technical Officer ( CTO).
In his earlier role prior to CTO, he handled portfolios as varied as underwriting, claims, marketing & sales at various Zones as Zonal Manager for different geographies viz East Zone , South Zone and West zone.
Sasi Kumar has rich experience of three and half decades and started his insurance career as Direct recruit officer in 1989 with New India Assurance Company. He has worked with the PSUs for over 12 years before joining Bajaj Allianz in the year 2001. Sasi Kumar has also had a brief stint with the IT sector , having worked as a Business Analyst with an Australian IT company.
Sasi Kumar Adidamu holds a Bachelor of Engineering Degree in Civil Engineering and is an Associate of the Insurance Institute of India. He has also completed advanced Engineering Insurance training at Munich Re at Munich , Germany and Advanced re-insurance program at Gen Re , Germany.
Besides work, Sasi Kumar is an avid reader and enjoys spending time with his family.
Associated with India Insure since August 2017, Mr Rao guides the Company on its International expanion and reinsurance. Mr Rao comes with over 40 years of experience in the Insurance Industry and has had a wide exposure to both the domestic and International markets. He started his career with New India Assurance and as part of his tenure there he handled operations in Kuwait for 6 years and was the MD & CEO of Prestige Assurance, Nigeria ( subsidiary of New India) for about 4 years. After a short stint in National Insurance company, Mr. Rao moved to GIC Re as Director & General Manager in 2012. He successfully set up and operationalised GIC RE South Africa and retired as MD & CEO of GIC RE South Africa after ensuring almost 40% growth in premiums in the first year of operations of the company and also obtaining a S&P BB+ rating for GIC RE South Africa
Vippin, a Member of the Board, The Commercial Lines Broking operations of the Company. Associated since inception, Vippin has been instrumental in establishing a country wide branch network. He has more than 3 decades of experience in a variety of roles such as HR, Marketing and Insurance. Prior to joining India Insure he was associated with Asian Paints, Medinova and Pennar Group.
Radhakrishna, a Member of the Board, heads the Risk Management team which focuses on advising Financial Institutions on the adequacy of Insurance protection available on their Credit portfolio. Associated with India Insure since inception, Radhakrishna has more than 3 decades of experience in the Financial Services industry. He brings rich insights on Risks associated in various sectors of the Industry. Prior to joining India Insure he was associated with First Leasing and Pennar group
Purandar a mechanical engineer by background . He forayed in to Insurance broking and successfully built Medimanage a niche Employee benefits Broker. Subsequently Medimanage merged with India Insure in 2018 and he joined the India Insure board and spear heads the Personal Lines business vertical. He is building a Innovative PHYGITAL distribution model that is a blend of technology and personalized advise on insurance.
Deepali Ananth Rao is Business Management Graduate with extensive experience in Marketing and Brand building prior to joining India Insure in 2002. She laid the foundation of the Company's marketing initiatives in early years post the broking license in 2003. Her quest for challenges led her to set up the Pune and Mumbai branches and help in implementing the marketing strategy across the country.
She is the Director of India Insure and Heads the Speciality Lines and Reinsurance vertical of the Company. Deepali has established herself as a Subject matter expert in the specialized area of Liability insurance. Insurers in India and abroad count on her counsel in structuring their programs for Liability. She has conducted training programs across the globe.
Over the last decade she has grown the Reinsurance book in India Sri Lanka Maldives and Africa with active support from various international markets in London Paris Singapore and USA. She is networked extensively in the International re insurance markets.
Arindam is Director of EB business with an extensive background of over 25 years in the BFSI sector. As a Business Development Professional, he has demonstrated prowess in Risk Management, Asset and Wealth Management, Distribution, and Debt Broking. Renowned for his strategic contributions, he has held pivotal roles within prestigious organizations including Pennar Group, ICICI Capital, HDFC Asset Management, Fidelity International, JPMorgan Asset Management, and India Insure Risk Management. His proficiency lies in nurturing client relationships, identifying fresh business prospects, and formulating effective marketing strategies.
Anupama Vurakaranam comes with a robust background in technology and healthcare insurance. She holds a degree in Computer Science and an MBA from the SMU Cox School of Business, equipping her with a unique blend of technical acumen and strategic insight. Over the past 12 years, Anupama has garnered extensive experience in the healthcare insurance sector, navigating both Indian and American insurance markets with ease. Her career has spanned IT, product management, strategy, and operations, allowing her to drive innovation and efficiency within the industry.
In her previous roles she has demonstrated a keen ability to blend technical solutions with business strategy, delivering impactful results across various organizational levels. Her expertise in integrating IT advancements with product development and operational strategy has been instrumental in optimizing performance and achieving strategic goals. As a board member, Anupama leverages her comprehensive background to provide valuable guidance and drive forward-thinking initiatives.
Arvind Vurakaranam is a non-executive director at India Insure Risk Management.
He is an Investment Associate at DTCP Infrastructure. Prior to joining DTCP, Arvind worked in Investment Banking at Bank of America Merrill Lynch, specialising in Mergers & Acquisitions in New York, and Technology, Media and Telecoms in London/EMEA.
Arvind holds a B. Sc. in Finance from the Smeal College of Business at Pennsylvania State University.