DHFL General Insurance has appointed Vijay Sinha as Managing Director and Chief Executive Officer (MD and CEO) of the company. Last month, the insurer received its certificate of registration from the Insurance Regulatory and Development Authority of India (IRDAI).
The venture is promoted by Wadhawan Global Capital (WGC), whose flagship brand is Dewan Housing Finance Ltd (DHFL), a listed entity. DHFL General Insurance is a 100% owned entity of WGC.
In his career span, Sinha has held key leadership positions in Life Insurance Corporation of India (LIC), Tata AIA Life Insurance Company, Bajaj Allianz Life Insurance Company and Dewan Housing Finance Corporation Limited (DHFL).
“The selling space has moved from land to the cloud. The insurance world is going to be very different in the coming years and DHFL General Insurance would strive to stay ahead by always being relevant to the customer,” said Vijay Sinha.