wordpress blog stats
Connect with us

Hi, what are you looking for?

, ,

Paytm hires Vineet Arora as MD and CEO for Paytm General Insurance

Paytm said yesterday that it has appointed Vineet Arora as managing director and CEO of Paytm General Insurance Ltd. Arora will lead efforts in Paytm exploring options to enter the sector, reports Business Insider. Paytm made the announcement yesterday, but according to Arora’s LinkedIn profile, he has been at the role since February 2020. We’ve reached out to Paytm for more details.

Arora has worked in insurance since 2002, he served five years at ICICI Prudential Life Insurance Company, and then spent close to a decade in ICICI Securities. He joins Paytm from his previous role as managing director and CEO of Aegon Life Insurance Company, where he was also part of the India leadership team.

As digital payments takes a hit with the economy in shutdown, insurance is a key sector which has been allowed to operate. With a looming health crisis, and the government making it mandatory for companies to cover COVID-19, there is expected to be spurt in sale of medical insurance policies. Insurance is also among the key sectors that the government has allowed to operate.

In March, Paytm announced that its subsidiary Paytm Insurance Broking (PIBPL), has got a brokerage licence from the Insurance Regulatory and Development Authority of India (IRDAI) to sell life and non-life insurance products.

Advertisement. Scroll to continue reading.
Written By

I cover health, policy issues such as intermediary liability, data governance, internet shutdowns, and more. Hit me up for tips.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

The US and other countries' retreat from a laissez-faire approach to regulating markets presents India with a rare opportunity.

News

When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.

News

The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

News

In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...

News

By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...

You May Also Like

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ