Bengaluru: ACKO has announced that Sanjeev Srinivasan will now be elevated to a Board role. Under Sanjeev’s leadership, the company witnessed rapid growth, with Gross Written Premium (GWP) doubling in the last two years and the company successfully launched its Health, Life and Travel Insurance portfolios. ACKO has now set itself ambitious goals for the upcoming year, eyeing a GWP of nearly 3000 crore.
Animesh Das will succeed him as the Chief Executive Officer of ACKO General Insurance Company, subject to regulatory approval. Animesh brings over a decade of experience in the insurance sector and has been instrumental in building ACKO as one of the core team members that started ACKO and recently as the Chief Underwriting Officer.
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 of Animesh, Varun 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.”
Sanjeev 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, Animesh 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.”
