An Indian insurance joint venture has named a new chief executive officer and managing director for its business. Bharti AXA General Insurance, a partnership between global powerhouse AXA and Bharti Enterprises, has appointed Sanjeev Srinivasan to the joint role. Srinivasan has been with the firm since 2016, when he joined as chief commercial and principal officer and will now take on the top job following a long career in the industry. Jean-Louis Laurent Josi, regional CEO of AXA Asia, reiterated the importance of the Indian market for both the business and the insurance industry in general. “India, for AXA, is an important market with large potential for insurance penetration given a burgeoning middle-class and a growing economy. Bharti AXA General Insurance has already built a strong position in the Indian market with a large customer base.”
