MD & CEO, Bajaj Allianz General Insurance
With close to three decades of experience in the insurance industry, Tapan Singhel has redefined the way general insurance is perceived. Considered to be a revolutionary thought leader in the field of insurance, he has been heading Bajaj Allianz General Insurance for 8 years. He also chairs the CII National Committee on Insurance and Pensions. He has won numerous accolades, to name a few, ‘CEO of the Year’ at 5th Annual Insurance India Summit & Awards 2020; ‘Personality of the Year’ at the India Insurance Summit & Awards 2019, 22nd Asia Insurance Industry Awards 2018 and Indian Insurance Summit 2017. He has been featured as ‘LinkedIn Top Voice in India’ consecutively for the past two years. He has also been recognized as the ‘Most Promising Business Leader’ of Asia at The Economic Times Global Business Summit 2018.
Because of his people centric initiatives, the organization has been consistently recognized as one of the best places to work by the coveted AON Best Employer Award and Great Places To Work Institute India. Tapan has also been conferred with the ‘Most Trusted CEO’ Award by WCRC second time in a row in 2018 and won ‘CEO of the Year’ at the prestigious 3rd Annual Insurance India Summit & Awards 2018 and Insurance Asia Awards & Best Admired Leader by White Page International 2016.
Under his able leadership, the company has emerged as the most innovative and aggressive private general insurer in the country ensuring growth, profitability and customer-centricity with an expanded footprint in over 1100 new markets through its “phygital presence”. He has also spearheaded the company into having the highest share of underwriting profits in the general insurance industry in the recent past.
Customer obsession and passion to do good for the people are what drives Tapan and his success in the industry. A scientist by education, but insurer at heart he works towards making a difference in the lives of people in whatever little way he can. His belief is to live in the moment and cherish it. Tapan has not only transformed the company but has also been a trendsetter in the insurance industry by always taking the first leap towards innovating to enhance the customer service standards. He has made it a habit of being an industry first at initiatives that keep taking the insurance industry forward.
By always imbibing the principle of empathy towards customers and employees, he has been instrumental in the organisation being recognised on various forums truly resonating our Employee Value Proposition of “Live Ambition, Breathe Care”. To name a few, Non-Life Insurer Provider of the Year by Outlook Money Awards, One of the 20 Best Insurers in Asia/Pacific by IDC Financial Insights, Domestic General Insurer of the Year – India at Insurance Asia Awards 2019; General Insurance Company of the Year at 4th Annual Insurance Summit & Awards 2019; Digital Insurer of the Year twice at 22nd and 23rd Asia Insurance Industry Awards; Best Motor Insurance Provider of the Year 2019 at Money Today awards; India’s Leading Private General Insurance Company 2019 by Dun & Bradstreet and the Most Iconic Brand of India 2018 by The Economic Times.
Tapan is known for his ‘Communicative Leadership’ style, where he believes in engaging regularly with employees and customers through social media.
LinkedIn: Tapan has over 600,000 followers on the platform and is very popular among young and aspiring professionals. His profile has been featured for the fourth time in a row in the LinkedIn Power Profiles 2018 India list. Here is the link to his profile: https://www.linkedin.com/in/tapansinghel
Blog: Tapan is an active blogger and through his blog “My Take”, he writes about anything that strikes a chord with him and puts down his thoughts on things that he believes will make a difference to people’s lives and on the lessons, one can effectively learn from the street and apply to business impactfully through his hashtag, #StreetMBA
Twitter: An avid Twitterati, Tapan through his Twitter handle @tapansinghel shares insights on varied subjects, interacts with the customers and addresses customer grievances personally on the platform