Gurugram: InsuranceDekho has announced the launch of InsuranceDekho for Corporate, its dedicated corporate arm, marking the insurtech platform’s formal entry into India’s corporate and enterprise insurance market. The company has also appointed Ranjeet Singh as the CEO of the new business vertical.
Previously serving as Business Head for Retail at InsuranceDekho, Singh played a key role in scaling the company’s business distribution. He brings more than 25 years of experience in the insurance industry to his new role.
With the launch, InsuranceDekho aims to address longstanding gaps in India’s corporate insurance ecosystem, including limited product depth, inadequate advisory capabilities and inconsistent post-sales support. The company said businesses today face increasingly complex risk environments that require more advanced, data-driven insurance and risk management solutions than those offered through conventional broking models.
InsuranceDekho for Corporate has been built around a technology-first proposition, leveraging artificial intelligence (AI) and machine learning (ML) to offer coverage gap analysis and claims analytics. These capabilities are designed to help CFOs, CHROs and risk managers identify areas where organisations may be over- or under-insured. Beyond policy placement, the platform will provide end-to-end support across risk assessment, ongoing advisory, endorsement management and claims assistance.
Supporting the venture is an advisory board comprising Sumit Sengupta, who brings over four decades of experience in the insurance sector, and Vinamra Shastri, who has more than 25 years of expertise in growth strategy, mergers and acquisitions, and corporate advisory.
Speaking on the development, Ish Babbar, Co-Founder & CTO, InsuranceDekho, said, “Corporate insurance in India has been underserved in terms of product depth and the quality of ongoing service. We have built InsuranceDekho for Corporate to change that. Ranjeet has been a key architect of how we’ve grown the B2B side of InsuranceDekho. His 25+ years in the industry, deep understanding of the ecosystem, and proven track record of building and scaling operations from the ground up make him the right person to lead this. This elevation is a natural next step, and I’m confident Ranjeet will take InsuranceDekho for Corporate to a scale that sets a new benchmark for how commercial insurance is delivered in India.”
Commenting on his appointment, Ranjeet Singh, CEO, InsuranceDekho for Corporate, said, “Having built this business from within InsuranceDekho, I’ve seen firsthand how wide the gap is between what corporates need and what the market currently offers on product depth, advisory quality, and claims experience. This is an opportunity to fix that at scale, with the technology, insurer relationships, and institutional backing that InsuranceDekho brings. The mandate is clear, and so is the direction. I’m genuinely excited to step into this role and build something that India’s businesses have long deserved.”
InsuranceDekho for Corporate will offer a comprehensive portfolio spanning commercial insurance categories including Property & Engineering, Marine Cargo, Liability, Workmen’s Compensation and Employee Benefits. Its offerings also include wellness services such as telemedicine, OPD benefits, mental wellness support, maternity programmes and nutrition consultations.
