Aegon Life Insurance appoints Naveen Bachwani as Chief Operating Officer

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Hyderabad: Aegon Life Insurance, pioneer of digital insurance in India, recently announced the appointment of Naveen Bachwani as its Chief Operating Officer to drive Digital Transformation, Product Development and Operations for the digital-first Insurance organization. He will be based out of the corporate office in Mumbai.

Naveen Bachwani comes with experience of more than 20 years in Customer Strategy, Digital Transformation and Communication Design. His last assignment was with the Edelweiss Group. He has also held leadership assignments across a variety of roles with industry leaders like the ICICI Group, Times of India, Experian India and others, including multiple stints as a P&L owner and entrepreneur.

“We are happy to welcome Naveen Bachwani to the Aegon Life family. His rich experience in the industry, domain know-how across the BFSI spectrum and strong understanding of business operations will provide a unique perspective to the organization. Naveen’s consultative approach and his deep understanding of technology will help in making our products more powerful and relevant to customers,” Sunita Rath, Chief People Officer, Aegon Life Insurance said.

On his appointment, Naveen Bachwani, expressed “I am glad to be a part of the Aegon Life family. I have always been passionate about Technology and believe in Aegon Life’s long-standing strategy of going Direct-to-Customer (D2C). Aegon Life Insurance has gained significant experience and understanding of the digital insurance space in India, and I am very happy to be a part of its journey to success, going forward.”

Naveen Bachwani’s experience includes being a Speaker and Jury Member at industry events across India, contributing as a Visiting Faculty at various Management institutes (NITIE, KJ Somaiya, etc.) and acting as a Business Mentor to select non-profits and startups. His contributions have also been featured in various online/print magazines like ZDNet India, YourStory, etc.

Naveen’s academic background includes a Bachelor of Science degree from St. Xavier’s, Mumbai, and an MBA in Marketing from K.J. Somaiya, Mumbai.

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