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Insurance Brokers Association taps Pranav Kapadia as deputy secretary general

Seasoned insurance expert joins Ibai to boost broker advocacy and drive industry growth

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Shri. Pranav Kapadia

MUMBAI: Insurance Brokers Association of India (Ibai) has appointed Pranav Kapadia as its deputy secretary general, effective 2 February 2026. The move comes as India’s insurance sector accelerates digital adoption and navigates evolving regulations.

In his new role, Kapadia will champion broker interests while promoting a transparent, efficient, and customer-friendly insurance ecosystem. He will also deepen engagement with the Insurance Regulatory and Development Authority of India (Irdai) and key industry stakeholders.

With over 17 years of experience across finance, compliance, and governance in the insurance sector, Kapadia brings a practical understanding of industry challenges. His hands-on expertise positions him to effectively represent brokers in policy discussions and advocacy efforts.

Ibai president Narendra Bharindwal said, “Pranav Kapadia’s appointment strengthens our commitment to empowering insurance brokers in India’s evolving financial landscape. His experience and insight will be invaluable in advancing our mission and raising the professional profile of brokers.”

Kapadia commented, “This is a pivotal time for the Indian insurance sector. I look forward to fostering industry collaboration, supporting forward-looking policies, and ensuring brokers continue to serve customers effectively.”

With his blend of operational know-how and regulatory insight, Kapadia is set to elevate the role of insurance brokers and reinforce their position as trusted advisors in India’s dynamic insurance market.

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