Kalpana Shah

Kalpana Shah was appointed as a Non-Executive Director of Just Group plc on 1 March 2021.

Kalpana brings 30 years of business experience in the insurance and investment industry having started her career at the London Commodity Exchange and moving into insurance as Deputy to the Director of Underwriting at Groupama Gan. She was longstanding Group Chief Actuary and Partner at Hiscox until 2016. Kalpana has chaired and contributed to working parties for the Bank of England, Lloyd’s of London, and the Bermuda Monetary Authority.

Kalpana was elected to the governing body of the Institute and Faculty of Actuaries in 2019 and is a member of its Audit and Risk Committee. She is also a senior Liveryman of the Worshipful Company of Insurers, and a trustee of Unitas, a Barnet Youth Zone. Last year, she headed up a voluntary team of actuaries helping the NHS with analytics and planning in the height of the Covid-19 pandemic.

In addition to Just Group, Kalpana is Chair of RiverStone Managing Agency, Senior Independent Director of RiverStone Insurance (UK), and Non-Executive Director of Asta Managing Agency and Markel International.

Kalpana is a member of the Group Audit Committee, the Group Risk and Compliance Committee, and a Director of Just Retirement Limited and Partnership Life Assurance Company Limited.