Home / News

Markets

  • 20

Aegon Life adopts vision to make every single household financially secure - Appoints Srinidhi Shama Rao as Chief Strategy Officer to drive exponential growth

Aegon Life adopts vision to make every single household financially secure - Appoints Srinidhi Shama Rao as Chief Strategy Officer to drive exponential growth

New Delhi, 24th March 2022: Aegon Life, Digital India’s life insurance company, announced the appointment of Srinidhi Shama Rao as Chief Strategy Officer to drive its digital-only strategy and achieve exponential growth. Srinidhi will be reporting to Satishwar Balakrishnan, MD & CEO, Aegon Life, and shall oversee Analytics, Alliances, Marketing, Sales, and Product Innovation. Srinidhi’s appointment enhances the strategic, operational, and business build-out capabilities for the tech-first organization.

The move is part of a sweeping changes at the Life Insurer to drive exponential growth and scale to 100 digital distribution partners in 2022. Srinidhi brings deep experience in digital transformation and implementing data-driven strategies from multiple industries and geographies. Over the last decade, he has been helping Fortune500 companies make better decisions using Data Science, Artificial Intelligence, Behavioral Economics, Design Thinking, Game Theory, Systems Thinking, and other tools.

Satishwar Balakrishnan, MD & CEO, Aegon Life, commented on the appointment, “We are excited to bring Srinidhi aboard. He will be instrumental in boosting our planning, strategy, and data capabilities so we can revolutionize how life insurance is sold. And he will play a pivotal role in helping us achieve our vision of making every Indian household financially secure. His experience with analytics and AI-driven business strategies will drive business growth.”

Speaking on his appointment, Srinidhi added, “The Customer prefers digital as their primary channel, so it’s exciting to lead Strategy at a company where operations are not run by people but by technology, and an underwriter is not a person but an algorithm. Aegon Life is transforming the way life insurance is distributed and sold. With our next-gen Tech Stack, AI Stack and Agility Stack, we aim to make purchasing an insurance policy as easy as ordering food online; and integrating with a new distribution partner a matter of minutes rather than months”

Alongside Srinidhi’s appointment, there have been several elevations of key personnel to accelerate this growth. The team has been organized around customer segments instead of products. Devichand Lunawat, Mayank Ravi and V Vineeth Kumar, who were handling key portfolios have been elevated to lead cross-functional teams that cater to these customer segments holistically.

In addition to the org changes, Aegon Life has been taking many initiatives to attract tech and analytics talent. It has announced a work-from-anywhere policy that would make it attractive for superior talent located across cities. The agile methodology and goal setting is not restricted to tech teams but followed across the organization. Speaking of the shift, Sunita Rath, Chief People Officer (CPO) at Aegon Life said “our aim is to break functional barriers that exist in traditional companies, create a cross-functional team of thought leaders and designers who can scale business through superior design and best-in-class technology. Our vision is to make every household in India financially secure, and that is a gigantic goal that can be achieved only through technology”

Previous News

Technology News

Samsung Announces Exciting Cashback and Affordability Offers on Galaxy A Series Smartphones for Festive Season

Samsung Announces Exciting Cashback and Affordability Offers on Galaxy A Series Smartphones for Festive Season

Gurugram, India – October 11, 2023: Samsung announced exciting offers

HMD Nokia G42 5G (16GB+256GB) Variant Launched: With Snapdragon 480 Plus 5G Chipset Powers & Stylish Colours

HMD Nokia G42 5G (16GB+256GB) Variant Launched: With Snapdragon 480 Plus 5G Chipset Powers & Stylish Colours

Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G

IN-SPACe unveils Decadal Vision & Strategy for Indian Space Economy

IN-SPACe unveils Decadal Vision & Strategy for Indian Space Economy

Bengaluru, October 10, 2023  IN-SPACe (Indian National Space Promotion and

Philips OneBlade Partners with College Rivals for an Epic Gaming Journey Enabling Gen Z to ‘Move Fearlessly’

Philips OneBlade Partners with College Rivals for an Epic Gaming Journey Enabling Gen Z to ‘Move Fearlessly’

New Delhi, October 3, India- Philips India announces an exciting co

Latest Business News

SANY India partners with J&K Bank to provide financial solutions to its customers

SANY India partners with J&K Bank to provide financial solutions to its customers

Mumbai, March 13, 2024SANY India, a leading manufacturer of construction equipment, has taken a

Radisson Hotel Group strengthens footprint in Ayodhya with signing of 150-room Radisson Blu Hotel, Ayodhya

Radisson Hotel Group strengthens footprint in Ayodhya with signing of 150-room Radisson Blu Hotel, Ayodhya

Continuing its expansion plan in India, Radisson Hotel Group is excited to announce the signing of 150-room Radisson Blu Hotel, Ayodhya. A greenfie

arimidex 1 mg usa arimidex canada arimidex 1mg pills

biaxin 500mg without prescription meclizine pill meclizine price

order naprosyn 250mg for sale buy lansoprazole 30mg online prevacid price

tiotropium bromide 9 mcg pills minocycline 50mg for sale hytrin generic

purchase albuterol pills order albuterol 100mcg for sale buy cipro generic

actos ca order actos online cheap sildenafil 100mg ca

buy generic singulair sildenafil 50mg buy sildenafil sale

cialis pills 20mg medication for ed dysfunction cheap tadalafil 20mg

gambling site slot online win real money online casino

ivermectin oral solution dapsone 100mg us dapsone generic

poker game online casino for real money sugarhouse casino online

nifedipine pills allegra 180mg cost fexofenadine 180mg sale

free casino slots hollywood casino pay for dissertation

buy altace generic buy ramipril 10mg online order arcoxia for sale

doxycycline 100mg price doxycycline brand cleocin 150mg sale

buy olmesartan online cheap divalproex 250mg oral depakote 500mg sale

mesalamine 400mg uk irbesartan price avapro pills

buy generic acetazolamide 250mg buy imdur 20mg online purchase azathioprine pill

order carvedilol 25mg generic cheap ditropan buy elavil 10mg online cheap

amoxicillin 500mg brand purchase stromectol sale ivermectin tablets for sale walmart