Latest News on Kotak Life
Kamlesh Jobanputra has been appointed as the Chief Technology and Data Officer at Edelweiss Life Insurance.
Kamlesh is a seasoned professional with a proven track record of holding key leadership positions in various organizations. Throughout his career, he has worked with renowned companies such as Kotak Life, IDBI Federal Life Insurance, ICICI Prudential Life Insurance Company Limited, NSEIT Limited, and Bitsoft. In each of these roles, Kamlesh has demonstrated his ability to shape and transform enterprise-wide technology ecosystems, driving business growth through data-driven strategies and digital transformation initiatives.
With a broad range of skills, Kamlesh is well-versed in IT strategic planning, designing architecture, and developing mobile and digital solutions. He is also experienced in budgeting and governance, cross-functional collaboration, vendor management, cybersecurity, and program management. His expertise in these areas has enabled him to make significant contributions to the organizations he has worked with, driving innovation and growth through technology-enabled solutions.
One of Kamlesh’s key strengths is his ability to lead digital transformation initiatives, helping organizations to stay ahead of the curve in a rapidly changing technological landscape. He has a deep understanding of how to leverage technology to drive business outcomes, and has a proven track record of delivering successful projects and programs. His expertise in cybersecurity is also noteworthy, as he has helped organizations to protect themselves against increasingly sophisticated cyber threats.
Throughout his career, Kamlesh has demonstrated his ability to work collaboratively with cross-functional teams, driving business outcomes through effective vendor management and governance. His experience in budgeting and financial management has also enabled him to make informed decisions about technology investments, ensuring that organizations are getting the best possible return on their investments.
Overall, Kamlesh is a highly experienced and skilled technology leader, with a proven track record of driving business growth and transformation through technology-enabled solutions. His broad range of skills, combined with his experience and expertise, make him a valuable asset to any organization looking to leverage technology to drive business success. With his ability to shape and transform technology ecosystems, drive digital transformation, and lead cross-functional teams, Kamlesh is well-positioned to continue making significant contributions to the organizations he works with.
Bajaj Allianz General Insurance, Tata AIG, and United India have joined CRED Garage as insurance partners.
CRED, a fintech platform, has expanded its selection of motor insurers on CRED garage to include Bajaj Allianz General Insurance, Tata AIG, and United India Insurance. This addition brings the total number of curated insurance providers on the platform to seven, including ACKO, ICICI Lombard, Zurich Kotak, and Digit. CRED members can now evaluate and choose from India’s leading motor insurance providers in one place, with the ability to compare premiums, get quotes, and renew their policy seamlessly.
To date, CRED garage has enabled members to insure over 10 lakh vehicles without coverage lapses. The platform also facilitates digital claims initiation and provides end-to-end support through a dedicated concierge team. Insurers offer dynamically priced premiums with better rates for those with higher credit scores, recognizing members’ creditworthiness as a signal of responsible behavior.
The addition of new insurers reflects the benefit of CRED’s approach to the entire ecosystem, where creditworthy members get better benefits and insurers have access to more prudent consumers. According to Akshay Aedula, Product and Growth at CRED, the platform has reimagined the traditional insurance experience from the user’s perspective, enabling them to make the right choice in a frictionless, transparent, and intuitive manner.
The partnership with CRED garage has been welcomed by the new insurer partners. Dr. Tapan Singhel, MD & CEO of Bajaj Allianz General Insurance, said that insurance should adapt to the customer’s life, and the partnership allows vehicle owners to stay on top of their insurance status and renewal dates. Saurabh Maini, Senior EVP at TATA AIG, stated that the partnership helps them offer motor insurance solutions to a tech-savvy audience, reinforcing their focus on innovation and customer-centric protection.
Lipika Kalra, General Manager (Marketing) at United India Insurance, said that the partnership marks a key milestone in their digital transformation and B2C growth journey, enabling them to directly engage with a digitally native community that values convenience, transparency, and trust. With over 1.1 crore vehicles managed through CRED garage, the platform helps members manage all parts of car ownership in one place, from discovering challans to renewing pollution certificates, insurance, FASTag, checking valuation, and even resale.
Kamlesh Jobanputra has joined Edelweiss Life Insurance as the Chief Technology and Data Officer.
Edelweiss Life Insurance, a prominent private life insurer in India, has appointed Kamlesh Jobanputra as its Chief Technology and Data Officer. This move is aimed at driving the company’s digital transformation and innovation initiatives forward. Jobanputra announced his new role on LinkedIn, bringing with him over 20 years of experience in the Indian insurance and financial services sector.
Throughout his career, Jobanputra has demonstrated a strong ability to lead technology modernization, implement enterprise applications, and oversee large-scale digital programs. These efforts have consistently improved both operational efficiency and customer experience. His professional background includes senior roles at several notable companies such as Kotak Life, IDBI Federal Life Insurance, ICICI Prudential Life Insurance, NSEIT Limited, and Bitsoft.
In these positions, Jobanputra has been responsible for leading technology strategies, data-driven initiatives, and enterprise-wide digital transformation projects. His expertise spans a wide range of areas including IT strategy, architecture design, mobile and digital solutions, cybersecurity, governance, and program management. This comprehensive skill set makes him an ideal candidate to spearhead Edelweiss Life Insurance’s technological advancements and innovation efforts.
As Chief Technology and Data Officer, Jobanputra is expected to leverage his extensive experience to drive Edelweiss Life Insurance’s digital transformation. This will likely involve developing and implementing cutting-edge technology solutions, enhancing the company’s digital infrastructure, and fostering a culture of innovation. By doing so, Edelweiss Life Insurance aims to not only improve its operational efficiency but also enhance its customer experience, ultimately positioning itself for sustained growth and success in the competitive Indian life insurance market.
Jobanputra’s appointment is a significant development for Edelweiss Life Insurance, reflecting the company’s commitment to embracing technological advancements and innovation. As the insurance sector continues to evolve, the ability to effectively leverage technology and data will be crucial for companies seeking to maintain a competitive edge. With Jobanputra at the helm of its technology and data initiatives, Edelweiss Life Insurance is well-placed to navigate the challenges and opportunities of the digital age.
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