Future Generali India Insurance Company Limited (FGII), the general insurance arm of the joint venture between retail game-changers Future Group and global insurer Generali, has appointed Anup Rau as the Managing Director & Chief Executive Officer.
A seasoned professional, Anup has a career spanning over 23 years of which the last 19 years have been with the Insurance Industry. He has the unique distinction of heading both Life and General Insurance companies. He joins Future Generali India from Edelweiss General Insurance where he was the CEO and was also the CEO of Reliance Nippon Life Insurance prior to that. He has also had successful stints in leadership positions in HDFC Life and ICICI Prudential Life.
Anup has pursued his MBA in Marketing from the University of Mumbai after his Bachelors with Honours in Economics from the University of Delhi.
On welcoming Anup Rau to Future Generali India Insurance, Rob Leonardi, Regional Officer for Generali Asia said, “We view India as an important and fast-growing market for our business in Asia. Anup’s vast experience and understanding of retail, combined with his expertise in strategic digital initiatives within the industry, will be a huge asset for Future Generali India. We are confident that Anup will take forward the strong legacy of his predecessor to new heights."
Anup Rau commented on his joining, “Future Generali P&C business is respected in the industry for its range of innovative and customer-friendly products and the quality of service, on both the retail and corporate side. I believe that FGII is poised to make the leap to the next level on the firm foundation set over the past decade. I look forward to leading the company in what promises to be a very exciting next few years."
About Future Generali India Insurance Company Limited
Future Generali India Insurance Company Limited is a joint venture between Future Group – the game changers in Retail Trade in India and Generali – a 188 years old global insurance group featuring among the world’s 60 largest companies*. The company was incorporated in September 2007 with the objective of providing retail, commercial, personal and rural insurance solutions to individuals and corporates to help them manage and mitigate risks.
Future Generali India has been aptly benefitting from the global Insurance expertise in diverse classes of products of Generali Group and the Indian retail game changer Future Group. Having firmly established its credentials in this segment and effectively leveraging on the skill set of both its JV partners, Future Generali India has evolved to become a Total Insurance Solutions Company.
*As per Fortune Global 500 Ranking (2017)
About Generali Group
Generali is an independent, Italian insurance Group, with a strong international presence. Established in 1831, it is among the world’s leading insurers and it is present in over 60 countries with total premium income exceeding €68 billion in 2017. With nearly 71,000 employees in the world and 57 million customers, the Group has a leading position in Western Europe and an increasingly significant presence in Central and Eastern Europe as well as in Asia. In 2017, Generali Group was included among the most sustainable companies in the world by the Corporate Knights ranking.