Magma HDI General Insurance Company Limited
Karan Purohit possesses extensive experience in the legal and compliance sectors, particularly within the insurance industry. Currently serving as Vice President & Head - Legal Claims at Magma HDI General Insurance Company Limited since January 2020, Karan previously held various senior roles, including Assistant Vice President at the same organization and corporate legal functions at Bajaj Allianz General Insurance Co. Ltd. Other notable positions include Head - Central Approval Team at Shriram General Insurance Co. Ltd., Circle Legal Head at Idea Cellular Ltd., and roles at ICICI Lombard General Insurance Co. Ltd. and Sistema Shyam Teleservices Ltd. Karan's academic credentials include multiple qualifications in law and corporate law from the University of Rajasthan, highlighting a strong foundation in legal expertise and compliance.
Magma HDI General Insurance Company Limited
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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.