Policybazaar CEO Tarun Mathur steps down

MUMBAI: Tarun Mathur has decided to close his policy at Policybazaar after years of steering the insurance aggregator. Policybazaar has announced that Tarun Mathur has stepped down as Chief Executive Officer and Principal Officer of the company, a wholly owned subsidiary of PB Fintech. Sajja Praveen Chowdary will take over as the new CEO and will also serve as whole-time director.

Chowdary, who joined the PB Fintech Group in 2011, has held leadership roles across multiple verticals. He currently heads “Policybazaar for Business,” the corporate and SME insurance and reinsurance arm. Under his leadership, this segment has grown into one of the fastest-expanding business insurance brokers in India and is positioning itself as a one-stop destination for such products.

A marketing professional with over 17 years of experience, Chowdary brings expertise in business management, product and technology management, business development, and project management in the e-commerce space.

Tarun Mathur began his career at HeroITES and later worked with ebookers and FE Global Technology Services. He joined Policybazaar as a co-founder and associate director of business development.

The leadership change comes as Policybazaar continues to strengthen its position in both retail and business insurance segments in a highly competitive market.

In the fast-paced world of insurtech, where policies change hands as quickly as premiums, Policybazaar has handed the baton to a long-time insider. With Chowdary at the wheel, the company appears well-positioned to keep its growth momentum rolling.