Sanoti Properties LLP, an entity jointly held by Adar Poonawalla (90%) and Rising Sun Holdings Pvt Ltd (10%), holds 74.5% in Magma HDI. With over 70 products across various categories, we have solutions to secure all major risks in the general insurance sphere. From retail products like Motor (Car, Two-wheeler, Commercial Vehicles, Tractors), Health, Personal Accident, and Home to commercial products like Fire, Engineering, Liability, Marine, our wide array of covers coupled with high-quality and agile service delivery have been the pillars of our foundation.

Insurance

Magma HDI General Insurance Company Limited

Magma HDI General Insurance Company Limited's headquarters in Mumbai, India

Rajive Kumaraswami

Vikas Mittal

Amit Raheja

Pankaj Chaudhary

Anil Kumar S

Kishore Khanchandani

Amit Sirsikar

Dinesh Pande

Amit Thapliyal

Amit Bhandari

Jinesh M. Shah

Vinesh Kriplani

Sanjay Chamria

Mayank Poddar

Sandhya Sharma

Jens Wohlthat

Sudhir Kapadia

Swati Singh

Sanjay Sachdev

The Corporate Governance team at Magma HDI General Insurance Company Limited is responsible for ensuring that the organization's operations align with regulatory standards and best practices in governance. This team oversees the implementation of policies that uphold ethical conduct, compliance, and transparency, while fostering accountability at all levels. Comprising key leadership roles, the team works to enhance stakeholder trust and maintain the integrity of decision-making processes within the company.

Corporate Governance

The Leadership Team at Magma HDI General Insurance Company Limited is responsible for setting the strategic direction and overarching vision of the company. Comprising key executives such as the Managing Director & CEO and various Chief Officers, the team collaborates to drive innovation, enhance operational efficiency, manage risks, and ensure compliance, ultimately aiming to deliver high-quality insurance products and services that meet the diverse needs of customers.

Leadership Team

The Operations and Compliance team at Magma HDI General Insurance Company Limited ensures the efficient delivery of services across all insurance products while adhering to regulatory standards. This team is responsible for streamlining operational processes, managing risk, and safeguarding compliance with legal requirements, thus supporting the company’s commitment to quality service and customer satisfaction. Key roles within the team collaborate to enhance operational efficiency and uphold the integrity of the company’s operations.

Operations and Compliance

The Insurance and Risk Management team at Magma HDI General Insurance Company Limited is dedicated to identifying, assessing, and mitigating risks associated with its diverse insurance products. This team collaborates with various departments to enhance underwriting processes, manage reinsurance strategies, and ensure compliance with regulatory frameworks while implementing innovative solutions in accident and health coverage. Their strategic oversight aims to safeguard the company's assets and maintain financial stability in an ever-evolving insurance landscape.

Insurance and Risk Management

The Technology and Data Analysis team at Magma HDI General Insurance Company Limited is responsible for leveraging advanced technology and data analytics to optimize insurance operations and enhance customer service. This team collaborates on developing innovative tech solutions, analyzing market trends and customer data, and implementing strategies to improve product offerings and operational efficiency. Their efforts ensure that the company remains competitive while providing high-quality service across a diverse range of insurance products.

Technology and Data Analysis

The Sales and Marketing team at Magma HDI General Insurance Company Limited is responsible for driving revenue growth through strategic sales initiatives and comprehensive marketing campaigns. This includes managing retail and corporate sales channels, developing relationships with brokers, and promoting the company's diverse insurance products to enhance brand visibility and customer engagement. The team collaborates closely to ensure a seamless service experience while adapting to market trends to meet customer needs effectively.

Magma HDI General Insurance Company Limited

Org chart

Board & advisors

Teams

Corporate Governance

Leadership Team

Operations and Compliance

Insurance and Risk Management

Technology and Data Analysis

Sales and Marketing

Offices

Magma HDI General Insurance Company Limited

Org chart

Board & advisors

Teams

Corporate Governance

Leadership Team

Operations and Compliance

Insurance and Risk Management

Technology and Data Analysis

Sales and Marketing

Offices

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