TATA AIG General Insurance Appoints Amit Ganorkar as CEO and Managing Director

TATA AIG General Insurance Company has announced the appointment of Amit Ganorkar as its new CEO and Managing Director, effective January 1, 2025. Ganorkar succeeds Neelesh Garg following approval from the company’s Board of Directors.

In a statement released on Friday, the company confirmed that all necessary regulatory approvals had been obtained to ensure a smooth transition.

With over 20 years of experience in the general insurance industry, particularly in sales, distribution, and product development, Ganorkar has held significant roles, including serving as the Managing Director of Royal Sundaram General Insurance. He has also previously worked as the Chief Operating Officer at TATA AIG.

Expressing his gratitude for the appointment, Ganorkar said, “I am honored to be entrusted with this responsibility. TATA AIG has built a legacy of excellence through the trust and confidence of our customers and stakeholders. I look forward to working with our talented team to continue this journey, with a focus on enhancing our customer-centric approach, driving digital transformation, and fostering sustainable growth to meet our clients’ evolving needs.”

TATA AIG General Insurance Company, a joint venture between the TATA Group and American International Group (AIG), began its operations in India on January 22, 2001.

In terms of performance, TATA AIG’s health business has grown 44% over the last five years, with expectations for at least 30% growth in the next two to three years. The company’s health portfolio currently represents around 21% of its premium.