Subject to regulatory approval, Animesh Das will take over as ACKO General Insurance Company’s CEO in his place.
Sanjeev Srinivasan will now be promoted to a board position, according to ACKO General Insurance. Under his direction, the business expanded quickly; in the previous two years, Gross Written Premium (GWP) has doubled, and the company has successfully introduced its portfolios of health, life, and travel insurance. With a target of about 3000 crores in gross written profit for the next year, ACKO has already set high standards for itself.
Subject to regulatory approval, Animesh Das will take over as ACKO General Insurance Company’s CEO in his place. As one of the founding members of ACKO and, more recently, as its Chief Underwriting Officer, he brings with him more than ten years of experience in the insurance industry.
Speaking about the strategic move, Varun Dua, CEO, ACKO Technologies, the parent company of ACKO General Insurance, said, “Sanjeev’s wealth of experience contributed to a lot of firsts for ACKO and has helped in rapidly building and scaling the company. I’m confident that in his Board role, he will continue mentoring the team and help us march toward our collective vision and goal.”
Talking further about the appointment, Dua said, “Animesh has been a catalyst in the overall ACKO’s growth story. Animesh has helped in driving the Auto Insurance business towards the path of profitability, and we are certain that under his leadership, ACKO General Insurance will continue to sustain its growth momentum. These leadership changes reflect our commitment of fostering a culture of growth, excellence and longevity within its internal teams.”
Srinivasan says, “As ACKO continues its remarkable growth journey, I am committed to leveraging my experience in guiding and nurturing the team at ACKO, ensuring it reaches even greater heights. Our collective efforts will result in success, innovation, and excellence in the evolving landscape of insurance.”
Commenting on the new role, Das said, “I am thrilled to lead ACKO General Insurance at this exciting juncture. We at ACKO have demonstrated tremendous potential and agility in the insurance market. In my new role, I am committed to steering the company toward continued success. ACKO remains dedicated to its mission of making insurance simple, transparent, and accessible for millions of Indians by driving innovation and excellence in the insurance sector.”
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