Kolkata, October 27, 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 (MD & CEO), following the necessary statutory approvals.
With nearly three decades of experience in the insurance and financial services industry, Mathur brings extensive expertise in business transformation, distribution expansion, technology-driven innovation, corporate governance and sustainable growth.
Prior to this appointment, Mathur served as Managing Director and CEO of Universal Sompo General Insurance for over six years. During his tenure, he played a key role in driving organisational transformation, strengthening distribution networks, improving risk management practices and underwriting discipline, and enhancing technology-led customer service capabilities.
Earlier in his career, he held key leadership positions at SBI General Insurance and ICICI Lombard, contributing to their growth during their formative years.
In his new role, Mathur will lead IndusInd General Insurance’s next phase of transformation and expansion, with a strategic focus on customer-centric services, digital innovation, broader insurance inclusion, profitable growth and robust governance. His priorities will include improving customer experience, strengthening distribution partnerships and developing a resilient, technology-enabled organisation.
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.
The appointment marks an important step in IndusInd General Insurance’s growth strategy, reinforcing its commitment to making insurance more accessible, strengthening customer relationships and creating sustainable long-term value for customers, business partners and stakeholders.
