Change in Director / Key Managerial Personnel

Nature of change: Appointment of three Key Managerial Personnel

Appointment 1: Chief Risk Officer

  • Name: Ms. Anjali Mirchandani
  • Designation: Chief Risk Officer
  • Effective date: October 1, 2026
  • Qualifications: Commerce Graduate and Fellow member of Insurance Institute of India (III)
  • Experience: Career commenced in 1990, successfully led key operational and administrative functions, served as Head of Operating Offices as well as Regional Divisions
  • Key areas of expertise: Underwriting, Risk Management, Claims Management, Adjudication, Regulatory Compliance, Corporate Governance, Strategic Leadership, Marketing, and Comprehensive Operational Mastery

Appointment 2: Chief Underwriting Officer

  • Name: Ms. Rema Devi V.
  • Designation: Chief Underwriting Officer
  • Effective date: October 1, 2026
  • Qualifications: Post Graduate degree in Economics and Fellow of the Insurance Institute of India
  • Experience: More than 34 years of experience in the Insurance Industry, having handled diverse roles across various Lines of Business, Marketing, and Administration

Appointment 3: Chief Marketing Officer

  • Name: Ms. Uma Iyer
  • Designation: Chief Marketing Officer
  • Effective date: October 1, 2026
  • Qualifications: Commerce graduate, fellowship specialization in Marine, Fire, Miscellaneous and Health Insurance from Insurance Institute of India, Mumbai
  • Expertise: Multiple departments including Legal, Technical and Marketing, with special expertise in digital marketing

Regulatory Compliance:

  • Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
  • Filed with BSE Limited (Scrip Code: 540769) and The National Stock Exchange of India Ltd. (Scrip Code: NIACL)
  • Dated: October 1, 2026