MAM
Smooth sailing as Policybazaar for Business adds a marine veteran
MUMBAI: When it comes to navigating choppy insurance waters, experience counts and Policybazaar for Business has just added plenty of it. The corporate insurance arm of Policybazaar.com has appointed Balasundaram R as Senior Advisory Board member and Head of Marine Practice, bringing more than four decades of general insurance expertise into the fold.
A veteran of India’s general insurance sector, Balasundaram’s career spans underwriting, claims management and complex solution structuring across multiple lines of business. Marine Cargo, in particular, has been a long-standing area of specialisation, with his work often balancing technical rigour and commercial realities to address sophisticated corporate risk profiles.
Beyond the numbers and policies, Balasundaram is known for building strong teams and sharpening channel capabilities, with a leadership style rooted in negotiation, mentorship and long-term capability building. His influence extends well beyond the workplace: as a visiting faculty member at institutions such as the National Insurance Academy and the College of Insurance, he has played a hands-on role in shaping the next generation of insurance professionals.
A regular speaker at industry forums organised by bodies including IUMI, IBAI, III and NIA, Balasundaram is regarded as a consistent voice on core insurance education and evolving risk frameworks credentials that align neatly with Policybazaar for Business’s advisory-led approach.
Announcing the appointment, Policybazaar for Business director Sajja Praveen Chowdary said Balasundaram’s four decades of hands-on experience, particularly in complex marine cargo and hull exposures, would add significant depth as the company strengthens its technical and advisory capabilities.
The move signals Policybazaar for Business’s intent to deepen domain expertise as Indian enterprises grapple with increasingly complex insurance needs ensuring that when risks rise, the guidance remains steady and seaworthy.
Brands
Axis Bank named Official Banking Partner of DP World PGTI
Partnership supports all tournaments this season to grow professional golf in India.
MUMBAI: Axis Bank just teed up a hole-in-one partnership because when a bank sponsors golf’s biggest swing in India, even the fairways feel more financially secure. Axis Bank has been appointed Official Banking Partner of the DP World Professional Golf Tour of India (DP World PGTI), strengthening its commitment to sporting excellence and community engagement while backing the growth of professional golf across the country.
Under the partnership, Axis Bank will support all DP World PGTI tournaments this season, contributing to talent development, enhanced tournament experiences and wider fan engagement. The collaboration aligns the bank’s values of precision, discipline and trust with the Tour’s focus on performance and opportunity.
Axis Bank executive director Munish Sharda said, “We are pleased to partner with DP World PGTI as its Official Banking Partner. Golf embodies precision, discipline, and a pursuit of excellence qualities that strongly reflect who we are at Axis Bank. This association also strengthens our engagement with India’s growing premium customer segments, where the sport has a deep and enduring connect.”
Professional Golf Tour of India president Kapil Dev said, “We are extremely pleased to welcome Axis Bank as a Tour Partner of the DP World Professional Golf Tour of India. Partnerships of this stature play a vital role in strengthening the foundation of the Tour, enhancing opportunities for our players, and expanding the sport’s reach across the country.”
Professional Golf Tour of India CEO Amandeep Johl added, “Axis Bank’s strong legacy of excellence, innovation, and nationwide reach aligns perfectly with DP World PGTI’s goal to elevate professional golf in India and provide greater opportunities for our players.”
In a sport where every stroke counts and every partnership drives distance, Axis Bank isn’t just backing golfers, it’s investing in the fairway to future, turning India’s greens into a stage where precision meets passion and every drive has the power to inspire.
