NEW DELHI, October 20, 2026: IndusInd General Insurance Company Limited, formerly known as Reliance General Insurance Company Limited and part of the IndusInd International Holdings Limited (IIHL) Group, has appointed Sharad Mathur as its Managing Director and Chief Executive Officer following statutory approvals.
Mathur brings approximately three decades of experience in the insurance and financial services industry, with expertise in organisational transformation, distribution expansion, technology-led innovation, business growth and governance.
Before joining IndusInd General Insurance, Mathur served as Managing Director and CEO of Universal Sompo General Insurance for more than six years. During his tenure, he led organisational transformation and worked to strengthen distribution, risk management, underwriting discipline and technology-enabled customer service.
Earlier in his career, he held leadership positions at SBI General Insurance and ICICI Lombard, contributing to their development and growth during their formative stages.
At IndusInd General Insurance, Mathur will lead the company’s next phase of transformation and growth. His priorities include improving customer experience, expanding distribution partnerships, advancing digital innovation, promoting insurance inclusion and maintaining a focus on profitable growth and strong governance.
The company aims to build a resilient, technology-enabled and customer-focused organisation while creating long-term value for customers, business partners and other stakeholders.
Mathur is a Fellow Member of the Institute of Directors and a Member of the Institute of Internal Auditors, India. He has also 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.
IndusInd General Insurance offers products across motor, health, travel and home insurance. According to the company’s profile supplied with the announcement, it operates through a network of more than 1,20,000 intermediaries and 128 branches across India, serving retail, corporate and small and medium enterprise customers.
The appointment marks a new phase in the company’s leadership as it focuses on expanding access to insurance, strengthening digital capabilities and enhancing customer service.
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