Aon has announced the appointment of Shailendra Sapra (pictured above) as the new CEO of its Reinsurance Solutions division in India, effective June 1, 2024.
He brings an expansive background to his new role, having first joined Aon’s reinsurance analytics team in 2010. Sapra subsequently led the company’s Asia-Pacific agriculture practice and managed client relations across major regional and Singapore-based accounts.
In his new role, Sapra will focus on identifying and capitalizing on growth opportunities within India’s quickly evolving insurance sector. His responsibilities will include addressing the insurance protection gaps in the country and enhancing the development of both new and existing insurance lines by increasing capacity and developing solutions and services.
As part of this new function, Sapra will also join the APAC region’s reinsurance executive committee. Based in Mumbai, he will report to George Attard, CEO of reinsurance for Aon’s APAC region.
“As Aon expands its presence in India, I am pleased to welcome Shailendra as our India CEO for Reinsurance. India is predicted to have the fastest growing insurance sector of all G20 countries over the next five years; when coupled with the country’s fast-growing economy, a pro-active regulator, and an appetite for technology and innovation, its emerging insurance sector is clearly on an upwards trajectory,” Attard said.
“This appointment marks another milestone in Aon’s progress in India and reflects our broad commitment to the India market and to meeting our clients’ evolving needs – through investing in our reinsurance capabilities, but also delivery of our broader risk capital and human capital capabilities,” Attard said.
Sapra’s appointment also aligns with Aon’s strategic goals under the firm’s 3x3 Plan, which aims to enhance the company’s ability to navigate volatility, build resilience, and improve business decision-making for clients.
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