Universal Sompo elevates Rajiv Kumar as MD & CEO

K. R. Srivats New Delhi | Updated on January 16, 2018 Published on October 10, 2016

Universal Sompo General Insurance Co Ltd (Universal Sompo) has a new Managing Director and Chief Executive Officer in Rajiv Kumar.

Prior to this elevation, Kumar was the Head -- corporate planning, customer service, product development and operations for Universal Sompo.

He has been with Universal Sompo since 2007.

Universal Sompo is a joint venture between Allahabad Bank, Indian Overseas Bank, Karnataka Bank, Dabur Investments Corporation and Sompo Japan Nipponkoa Insurance.

As of end March 2016, Universal Sompo had 113 branches and 872 employees across India.

Commenting on his new role, Kumar said he was elated over his elevation. He also expressed keenness to expand Universal Sompo's product and service offerings in the Indian market.

"We will continue to distinguish ourselves as a trustworthy risk solution provider. Customer centricity and product innovation with the right mix of distribution and servicing channels will remain our endeavour as we move forward", Kumar said.

Published on October 10, 2016
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