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Impactkshemaadmin2024-06-25T11:26:06+00:00

Kshema Impact

Kshema places equal emphasis on social impact, environmental impact and commercial viability. 

Kshema’s impact is visible across segments.

Resilience for Cultivators

Our products offer cultivators a financial cushion from income shocks caused by extreme climate events. Our current goal is to offer this to 10 million cultivators in 5 years.

Rural Entrepreneurship

Kshema offers educated rural populace multiple entrepreneurial opportunities to support our customers and gain additional sources of incomes. 250,000 people will earn an additional INR 25 Billion over the next 5 years.

Women Empowerment

30% of our rural entrepreneurs, mostly PoSPs, who counsel and onboard farmers, will be educated women. Kshema will provide employment and incomes in the region of INR 8 Billion for rural women alone in the next years.

Combating Climate Change

Kshema will incentivise adaptation of sustainable cultivation practices among its customers through premium discounts to encourage the battle against climate change. Our goal is to contribute 270,000 tonnes of CO2 sequestration by the year 2025.

IRDAI Reg No. 162 • CIN: U66000TG2018PLC125484

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Registered Office

Kshema General Insurance Limited

#413, 4th Floor, My Home Tycoon, Kundan Bagh, Begumpet, Hyderabad, Telangana - 500016, India.

Corporate Office

10th Floor, Orwell, Block -1, Salarpuria Sattva, Knowledge City, Raidurgam, Hyderabad, Telangana - 500081, India.

Code of Conduct
Grievance Redressal Policy
Consent Notice Policy
PPHI Policy
Whistleblower Policy

Kshema Impact

Kshema places equal emphasis on social impact, environmental impact and commercial viability. 

Kshema’s impact is visible across segments.

Resilience for Cultivators

Our products offer cultivators a financial cushion from income shocks caused by extreme climate events. Our current goal is to offer this to 10 million cultivators in 5 years.

Rural Entrepreneurship

Kshema offers educated rural populace multiple entrepreneurial opportunities to support our customers and gain additional sources of incomes. 250,000 people will earn an additional INR 25 Billion over the next 5 years.

Women Empowerment

30% of our rural entrepreneurs, mostly PoSPs, who counsel and onboard farmers, will be educated women. Kshema will provide employment and incomes in the region of INR 8 Billion for rural women alone in the next years.

Combating Climate Change

Kshema will incentivise adaptation of sustainable cultivation practices among its customers through premium discounts to encourage the battle against climate change. Our goal is to contribute 270,000 tonnes of CO2 sequestration by the year 2025.

Deepa

Independent Director LinkedIn

Deepa is co-founder and partner of Athena Infonomics – a global impact solutions group. Deepa has led several programmes in Asia and Africa with a focus on advancing equitable and safe public services in changing urban contexts. She serves as part of the Technical Advisory Group for the Global Partnership for Sustainable Development Data (GPSDD) and is a member of the IWA digital water program steering committee. Deepa holds a master’s degree in economics from the National University of Singapore.

deepa

Sivarama Prasad Tammana

Independent Director

Mr Sivarama Prasad Tammana has served in different geographies over the last 40 years across banking, investor relations, appraisal of corporate & SME proposals, handling operations in agriculture, personal banking, investments, and stressed assets management. He played key roles in Andhra Bank and represented Karur Vysya Bank as Board of Director in Industrial and Technical Consultancy Organization of Tamil Nadu Limited (ITCOT). He served as a member of various committees such as ALCO, Credit Committee, Credit Risk, Central Management Committee and NPA committee and liaised with FIIs, HNIs, Merchant Bankers in India & Overseas as Chief Investor Relations Officer. He retired as the CFO and CIRO of Karur Vysya Bank Ltd after having served in the organisation in various capacities since 1994. He holds a B.Tech degree in Chemical Engineering from Andhra University.

Sivarama

Karambir Singh Rai

Chief Growth Officer LinkedIn

Karambir brings over 25 years of varied and rich experience from different parts of the globe to his current role at Kshema where he drives Sales & Distribution. He joined the company in July 2023 to bolster Kshema’s expansion, combining global best-practices and market-insights to turn revenue-generation as the engine fueling Kshema’s growth. He does this by dipping into his experience across multiple sectors like telecom, financial services, entertainment, FMCG, consumer goods from his stints in Asia, Africa and Oceania. A half-marathoner, Karambir likes to indulge in Marlon Brando memorabilia and read World War era biographies when he is not busy plotting the next growth strategy for Kshema. He has worked with Jio, Ogilvy and Digicel in the past.

KarambirSingh

Piyush Jain

Appointed Actuary LinkedIn

Piyush has worked with prominent organisations like the RSA Insurance Group, McKinsey, KPMG and AXA XL across geographies including UK, Ireland, Middle East, Asia-Pacific, Europe, and India in his decade-long career. As the Appointed Actuary for Kshema, in addition to the traditional responsibilities of reserving and pricing, he also leads data science and catastrophe modelling capabilities within the company. Piyush has a bachelor’s degree in commerce from Delhi University and holds the fellowship of Institute of Actuaries of India (IAI) and Institute and Faculty of Actuaries (IFOA), UK.

Piyush-Jain

Bhaskar Thakur

Chief Marketing Officer LinkedIn

Bhaskar is at the helm of Kshema’s marketing, brand, and communications. He comes with close to two decades of experience across different sectors in India, SEA and China. He drives brand, digital sales, customer delight & retention across all touchpoints and phases of the consumer journey using cutting edge data analytics. His focus is on creating maximum awareness about Kshema and building trust amongst the target group. He has worked in senior roles with OPPO, OYO among others in his career and is a management post-graduate from ENPC France.

BhaskarThakur

C V Kumar

Chief Underwriting Officer LinkedIn

CV Kumar is an insurance industry veteran with a three-decade long career spent in both the public and private sectors. He has extensive experience across various functions including underwriting, claims, reinsurance and marketing. He was with the New India Assurance Company Limited and worked at an insurance broking firm prior to joining Kshema. He is a graduate in Agriculture and a Fellow Member of the Insurance Institute of India. He also holds a degree in law from Osmania University, Hyderabad and a master’s degree in human resource management from Nagarjuna University

C Vinay Kumar – 1

Arinjay Jaini

Chief Investment Officer LinkedIn

Arinjay brings nearly two decades of rich experience in financial sector, including working with prominent insurance companies, private equity firms etc. Throughout his career, he has successfully spearheaded investments, multiple strategic projects, and initiatives across markets around the globe, significantly enhancing organizational value and efficiency. His professional journey includes pivotal roles at Aviva Life Insurance, Canara HSBC Life Insurance, and Global Growth – a US based PE firm. He is a Fellow member of the Institute of Chartered Accountants of India and is an alumnus of the prestigious Shri Ram College of Commerce, University of Delhi. He assumed his role at Kshema in July 2023.

Arinjay Jaini (1)

Kumar Saurav

Chief Risk Officer LinkedIn

Kumar Saurav brings over 20 years of experience in his role as the Chief Risk Officer. He has been associated with the company since July 2023 and devises effective strategies to remain vigilant and manage multiple forms of risks. An accomplished risk professional, he is responsible for leading the Enterprise Risk Management initiative and providing assurance to the Risk Management Committee on the company’s exposure to Key Risks. His areas of specialisation include reporting to and extensive interaction with Risk Committee, setting up the ERM Framework and execution (including operational risks, technology risks & cyber security, business continuity management), liaising with regulators and representing the organisation at industry forums. He has previously worked at HDFC Life and Edelweiss Tokio Life Insurance. He is an alumnus of the Indian Institute of Technology, Delhi.

Kumar-Saurav

Prabha Vadlamannati

Company Secretary & Chief Compliance Officer LinkedIn

Prabha is a skilled professional with over 20 years of experience in Corporate Secretarial, Regulatory, and Compliance roles. She joined Kshema in January 2023. Her expertise includes risk assessment and mitigation, legal documentation, process improvement and SOP implementation. She has also played a significant role in resolving a major industrial relations issue in one of her previous roles with minimal financial & reputational impact while maintaining employee morale & commitment during a protracted arbitration process. A Fellow Member of the Institute of Company Secretaries, she also holds a master’s degree in commerce from Andhra University. She was previously associated with Singapore and US-based multi-nationals like Japfa Comfeed and Waterhealth.

Prabha-Vadlammanati

Natraj Nukala

Founder, Chairman & DirectorLinkedIn

He has an undergraduate degree in engineering from India and a master’s in risk management from New York University, USA. He has been involved with the insurance sector for over a decade while his family interests include agriculture & textile businesses. This gave him a first-hand experience and deep insight into the Indian agri sector and the workings of the Indian farmer. He decided to bring his expertise and his experience together to create Kshema General Insurance Ltd. He also established a successful insurance broking company, ITUS before taking the plunge in crop insurance with Kshema.

Natraj Nukala

Prashant Shenoy

Chief Financial Officer LinkedIn

Prashant has been associated with the company since February 2023. He brings nearly two decades of experience in corporate finance, project finance, accounting, budgetary control & variance analysis, working capital & treasury management, mergers & acquisitions, auditing, and taxation matters in a global environment. Prashant has a proven track record in team building, process development, and handling complex accounting and taxation matters. He has previously held senior positions in organisations across various sectors like green energy, pharma and infrastructure. He is a member of the Institute of Chartered Accountants of India and a commerce graduate from Osmania University, Hyderabad.

Prashant Shenoy

Dr Vyasa Krishna Burugupalli

Managing Director and CEO LinkedIn

Dr Burugupalli is a veteran of the insurance industry with an illustrious career spanning over 45 years in different regulatory regimes across continents. He was the Chief Executive Officer of the First Insurance Company Limited in Kampala before taking over as the MD and CEO of Kshema General Insurance Limited. His leadership also extends to guiding various NGOs, including the Bill and Melinda Gates Foundation grantees, on microinsurance. He holds a doctoral qualification in insurance risk management. He is a Fellow of the Australian and New Zealand Institute of Insurance and Finance as well as a Certified Insurance Practitioner. He is also a Fellow of the Insurance Training College of Uganda.

Vyasa-Krishna

Rajeshnani Dasari

Independent Director LinkedIn

Rajesh is a technologist with over two decades of experience across insurance, automotive, manufacturing, pharmaceutical and high-tech industries. He was with Oracle Corporation as Senior Director in emerging technologies of Mobility, Bots, IoT, and Blockchain in his most recent stint. Prior to this, he was leading Oracle’s efforts to serve customers in their adoption of cloud and emerging technologies. Rajesh is an alumnus of prestigious institutions like BITS Pilani (India), Clemson University, South Carolina (USA), and State University of New York College at Buffalo (USA).

Rajeshnani-Dasari

Senior Manager – Legal & Compliance

Hyderabad • Full-time • 9-11 years experience

Roles & Responsibilities:

Manage the end-to-end claims process, from claim intimation, required documentation, coordination with the deputed surveyors, investigation, negotiation & settlement within expected timeline.
Serve as the primary point of contact for clients regarding claims-related inquiries and updates, providing timely and accurate information.
Review insurance policies to determine coverage, adequacy of sum insured and ensure compliance with policy terms and conditions.
Analyse claims data to identify trends, patterns, and opportunities for process, coverage & price improvement.
Stay up to date on industry regulations and compliance requirements, ensuring adherence to legal and regulatory standards.
Maintain accurate and detailed records of business, claims activity including risk assessment, correspondence, and settlements.
Knowledge of GIS based Assessment Claims.
Claims reporting of information to internal and external authorities in specified formats.
Knowledge on handling grievance and reporting format as per the IRDAI guidelines.
Assessment, Quality check and settlement of Crop claims.

Required Skills:

Must have Experience of 9-11 years in retail claims settlement.
Minimum 10 years’ experience in Crop Insurance business.
Good in Communication, Microsoft Advance Excel and PPT.

Educational Qualification:

Graduate/MSc Agri/Agri Graduate/preferably agricultural related graduate degree.

To apply for this job, mail your resume with a cover letter and we will get back to you if your profile matches our requirements.

AVP-Claim (PMFBY+ In-house product)

Hyderabad • Full-time • 9-11 years experience

Roles & Responsibilities:

Manage the end-to-end claims process, from claim intimation, required documentation, coordination with the deputed surveyors, investigation, negotiation & settlement within expected timeline.
Serve as the primary point of contact for clients regarding claims-related inquiries and updates, providing timely and accurate information.
Review insurance policies to determine coverage, adequacy of sum insured and ensure compliance with policy terms and conditions.
Analyse claims data to identify trends, patterns, and opportunities for process, coverage & price improvement.
Stay up to date on industry regulations and compliance requirements, ensuring adherence to legal and regulatory standards.
Maintain accurate and detailed records of business, claims activity including risk assessment, correspondence, and settlements.
Knowledge of GIS based Assessment Claims.
Claims reporting of information to internal and external authorities in specified formats.
Knowledge on handling grievance and reporting format as per the IRDAI guidelines.
Assessment, Quality check and settlement of Crop claims.

Required Skills:

Must have Experience of 9-11 years in retail claims settlement.
Minimum 10 years’ experience in Crop Insurance business.
Good in Communication, Microsoft Advance Excel and PPT.

Educational Qualification:

Graduate/MSc Agri/Agri Graduate/preferably agricultural related graduate degree.

To apply for this job, mail your resume with a cover letter and we will get back to you if your profile matches our requirements.

General Manager – Claims

Hyderabad • Full-time • 9-11 years experience

Roles & Responsibilities:

Manage the end-to-end claims process, from claim intimation, required documentation, coordination with the deputed surveyors, investigation, negotiation & settlement within expected timeline.
Serve as the primary point of contact for clients regarding claims-related inquiries and updates, providing timely and accurate information.
Review insurance policies to determine coverage, adequacy of sum insured and ensure compliance with policy terms and conditions.
Analyse claims data to identify trends, patterns, and opportunities for process, coverage & price improvement.
Stay up to date on industry regulations and compliance requirements, ensuring adherence to legal and regulatory standards.
Maintain accurate and detailed records of business, claims activity including risk assessment, correspondence, and settlements.
Knowledge of GIS based Assessment Claims.
Claims reporting of information to internal and external authorities in specified formats.
Knowledge on handling grievance and reporting format as per the IRDAI guidelines.
Assessment, Quality check and settlement of Crop claims.

Required Skills:

Must have Experience of 9-11 years in retail claims settlement.
Minimum 10 years’ experience in Crop Insurance business.
Good in Communication, Microsoft Advance Excel and PPT.

Educational Qualification:

Graduate/MSc Agri/Agri Graduate/preferably agricultural related graduate degree.

To apply for this job, mail your resume with a cover letter and we will get back to you if your profile matches our requirements.