Probus, one of India’s leading InsurTech platforms, has announced the appointment of Dr. Ajay Verma as the Head of Rural and Agriculture Insurance, a move reflecting the company’s deep commitment to expanding insurance solutions in underserved sectors. Dr. Verma, with nearly four decades of experience in agricultural and rural-focused insurance products, will play a key role in enhancing Probus’s offerings in these critical areas.
Expertise in Agricultural Insurance
Dr. Verma brings a wealth of knowledge, having held leadership roles in major insurance firms like Oriental Insurance and Future Generali. His portfolio includes expertise in crop insurance, microinsurance, and disaster insurance, including contributions to global initiatives such as a Swiss Government project on disaster insurance. His background in Business Relationship Management, Risk Management, Reinsurance, and strategic leadership will be crucial as he drives Probus’s expansion in rural markets.
Leadership’s Vision for Rural Insurance
Rakesh Goyal, Director at Probus, expressed confidence in Dr. Verma’s appointment, stating, “Dr. Verma’s deep-rooted understanding of rural and agricultural insurance, combined with his extensive experience, makes him the ideal candidate to propel our mission of extending insurance coverage to underserved regions. We are confident that under his leadership, Probus is poised to embark on a new chapter in rural insurance, transforming lives and strengthening communities.”
Dr. Verma also shared his vision: “As I step into my new role, my vision is to enhance the accessibility and affordability of insurance products for rural communities across India. My goal is to make insurance products and trusted services available to those living in rural and remote areas. This will not only improve their financial well-being but also drive Probus’s profitable growth trajectory.”
Expanding Leadership at Probus
This appointment follows Probus’s strategic efforts to strengthen its leadership team, having recently welcomed a new Chief Technology Officer. Together, these moves position the company for significant growth and innovation in the insurance sector, particularly in underserved rural regions.
By focusing on rural and agricultural insurance, Probus aims to deliver impactful solutions that improve financial security in India’s heartland, further solidifying its leadership in the InsurTech landscape.
Also read – Probus Appoints Anand Agrawal as Chief Technology Officer to Lead Digital Innovation in Insurtech
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