Manik Bucha

Group CUO at OONA Insurance

Manik Bucha has a diverse work experience in the insurance industry. Manik is currently employed at OONA Insurance as the Group Chief Underwriting Officer since 2023. Prior to this, they worked at AIG for a considerable period of time, holding various positions such as the Head of Personal Insurance, Head of Individual Personal Insurance, Head of Auto, and APAC Auto Business Analytics Manager. In these roles, they were responsible for analyzing key metrics, evaluating business performance, and establishing financial and operational drivers for the company's Auto Insurance segment across the APAC region. Before joining AIG, they worked at Chartis as a Portfolio Manager, Personal Lines, and Portfolio Analyst. Manik started their career as a Research Associate at the INSEAD Business School.

Manik Bucha completed their education from 2001 to 2006 at the Birla Institute of Technology and Science, Pilani. They obtained an MSc(Tech) degree in Finance and Information Systems (Dual Degree) during this time.

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OONA Insurance

Formalized in October 2022, Oona Insurance is wholly owned by Aseana Insurance and backed up 100% by Warburg Pincus with a USD350 million equity commitment in partnership with Mr. Abhishek Bhatia, Founder and Group Chief Executive Officer of Oona. Through a buy-and-build strategy, Oona aims to become the pre-eminent digitally-enabled general insurance provider in Southeast Asia. It is seeded with two significant acquisitions – PT Asuransi Bina Dana Arta Tbk (“ABDA”) in Indonesia and Mapfre Insular Insurance Corporation (“MIIC”) in the Philippines, both of which have a long-standing track record and reputation in their respective markets for providing quality products and superior customer service. These assets bring Oona an initial product portfolio, strong distribution relationships, a robust infrastructure, and an immediate foothold in the region upon which to build its business. These companies will be rebranded as Oona in due course. Oona plans to establish its presence in key Southeast Asia markets with the aim of being the number one choice for partners and customers alike, based on its customer service, technology and strong brand.


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201-500

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