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SBI General Insurance Appoints Jaya Tripathi as Head – Key Relations Group to sharpen focus on banks and other financial institutions

New Delhi :- SBI General Insurance, one of India’s leading general insurers, has announced the appointment of Ms. Jaya Tripathi as Head – Key Relations Group. In her new role, Ms. Tripathi will lead the expansion of new business opportunities and partnerships, drive sales team growth, and deepen partner relationships to enhance profitability.

With a diverse background spanning general insurance, fashion retail, and tourism, Ms. Tripathi brings anarray of experience to her new position. Her extensive background includes holding senior leadership roles at renowned organizations such as Mahindra Holidays, ICICI Lombard, Forevermark Diamonds (De Beers Group), and Aditya Birla Group, where she has significantly contributed to business and strategic development. Ms. Tripathi holds a Post Graduate Diploma in Business Management (Marketing) from Symbiosis International University.

Mr. Rakesh Kaul, CBO,SBI General Insurance, said, “We are delighted to welcome Jaya to the SBI General Insurance family. We are confident that with her extensive experience and proven track record, she will play a pivotal and indispensable role in driving our business goals forward.”

Commenting on her appointment, Ms. Jaya Tripathi said, “I am excited to join SBI General Insurance as the Head – Key Relations Group. In this new role, I look forward to leveraging my experience to drive strategic partnerships and contribute to the company’s growth.”

Ms. Tripathi’s appointment reflects SBI General Insurance’s commitment to strengthening its leadership team and delivering value to its partners and customers.

About SBI General Insurance

SBI General is one of the fastest growing private general insurance companies, with the strong parentage of SBI. We, at SBI General Insurance, are committed to carry forward the legacy of trust and security; with a vision to become the most trusted general insurer for a transforming India.

Ever since our establishment in 2009, our growth has been exponential in various aspects. We have expanded our presence from 17 branches in 2011 to over 143 branches pan-India.

We have been awarded the ‘Domestic General Insurer of the Year’ – India at the Insurance Asia Awards 2023 Singapore. Additionally, we were also recognized as one of the Best Brands 2023 at the ET Edge Best Brands 2023 and one of the Best BFSI Brands at the ET Now Best BFSI Brands Conclave 2024. Furthermore, we were recognised as Highest Growth – General Insurance runner up at ASSOCHAM 15th Global Insurance Summit & Awards and the winner in the ‘Best Large General Insurer’ category at the Mint BFSI Summit & Awards 2023.

We have a robust multi-distribution model encompassing Bancassurance, Agency, Broking, Retail Direct Channels and Digital tie-ups. The widespread network of distributors like 22518 plus SBI branches, Agents, other financial alliances, OEMs, and multiple digital partners enable us to extend our reach to the pocketed remote areas of India. We offer a bouquet of products spread across various lines of businesses that cater to customers across all segments like Retail, Corporate, SME and Rural, ensuring accessibility via digital as well as physical modes.

SBI General Insurance reported a 17% growth in Gross Written Premium (GWP) in FY 2023-24 and the GWP stood at INR 12,731 crores.