Subrata Mondal appointed as new MD & CEO of IFFCO Tokio Basic Insurance coverage

IFFCO Tokio Basic Insurance coverage Firm Restricted (IFFCO Tokio), a basic insurer, has a brand new Managing Director and Chief Government Officer in Subrata Mondal.

Mondal, who has been related to the corporate since 2001, brings over 36 years of expertise within the insurance coverage business to his new management function.

IFFCO-Tokio Basic is a 51:49 three way partnership between the Indian Farmers Fertilisers Co-operative (IFFCO) and Tokio Marine Group – one of many world’s largest insurance coverage firms based mostly in Japan.

Most lately, Mondal served as Chief Underwriter, the place he was liable for overseeing underwriting throughout a number of business-lines, together with property, engineering, marine, legal responsibility, credit score, well being, and miscellaneous insurance coverage.

An alumnus of the distinguished Indian Institute of Know-how (IIT), Kharagpur, the place he earned his B.Tech (Hons.) in Electrical Engineering, Mondal has a wealth of experience in industrial insurance coverage, threat administration, underwriting, product improvement, and reinsurance. 

His huge expertise contains dealing with main company accounts and large-scale tasks throughout varied industries. 

Mondal’s intensive information of the business and deep understanding of IFFCO Tokio’s operations positions him to guide the corporate in its subsequent part of development.



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