What Does SBI General Insurance Do?

Total employees7075
HeadquartersMumbai
Founded2009

SBI General Insurance Company Limited is a prominent general insurance company in India, a joint venture between the State Bank of India (SBI), India's largest commercial bank, and other key investors including Napean Opportunities LLP (an affiliate of Premji Invest) and Warburg Pincus. Commencing operations in 2010, the company offers a comprehensive suite of general insurance products, including motor, health, travel, personal accident, home, and commercial insurance lines. SBI General Insurance is dedicated to providing simple, innovative, and accessible insurance solutions to individuals, SMEs, and corporate clients across India. It leverages SBI's extensive distribution network along with its own multi-channel approach, emphasizing customer-centricity, transparency, and fair practices in its operations.

Where Is SBI General Insurance's Headquarters?

SBI General Insurance officeSBI General Insurance officeSBI General Insurance officeSBI General Insurance office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the central hub for strategic decision-making, product development, underwriting policy, claims management oversight, risk management, and overall corporate governance for SBI General Insurance's nationwide operations.

Notable Features:

Located in the 'Natraj' building, a modern commercial complex in Mumbai's key business district of Andheri. The office is equipped with contemporary infrastructure to support large-scale operations, though specific unique architectural highlights are not widely publicized.

Work Culture:

The work culture at SBI General Insurance HQ is characterized by professionalism, a strong focus on customer service, ethical conduct, and teamwork. It combines the stability and trust associated with the SBI brand with the agility and innovation required in the competitive insurance sector.

HQ Significance:

The Mumbai headquarters is pivotal as it houses the core leadership and central departments that formulate strategy, drive innovation, and ensure operational excellence across India. It acts as the command center for managing a vast network of branches, partners, and customer interactions.

Values Reflected in HQ: The headquarters' location in a prime business hub and its modern infrastructure reflect SBI General Insurance's values of professionalism, accessibility, growth, and commitment to being a leading player in the Indian insurance industry.

Location:

SBI General Insurance's primary operational focus is within India, where it has an extensive nationwide presence through numerous branches and partner channels, including the vast network of State Bank of India. While it does not maintain a significant independent global underwriting presence, its services cater to the Indian domestic market, including insurance solutions that may be relevant for Non-Resident Indians (NRIs) concerning their assets or interests in India. The company's international linkages are primarily through its global investors and adherence to international best practices in insurance.

Street Address:

'Natraj', 101, 201 & 301, Junction of Western Express Highway & Andheri Kurla Road

City:

Mumbai

State/Province:

Maharashtra

Country:

India

Where Else Does SBI General Insurance Operate Around the World?

New Delhi, Delhi/India

Address: Unit No. 601 To 606, 6th Floor, Tower-B, NBCC Centre, Okhla Phase-1, New Delhi – 110020

To serve the diverse insurance needs of individual and corporate clients in the National Capital Region and surrounding northern states, driving business growth and enhancing market presence.

Bengaluru, Karnataka/India

Address: SBI General Insurance Co. Ltd., No. 3/1, Ground Floor, Rukmini Towers, Platform Road, Seshadripuram, Bengaluru – 560020

To cater to the insurance requirements of customers in Karnataka and contribute to the company's growth in the technologically advanced and economically vibrant South Indian market.

Kolkata, West Bengal/India

Address: SBI General Insurance Co. Ltd., Apeejay House, Block C, 4th Floor, 15 Park Street, Kolkata – 700016

To expand the company's footprint and provide comprehensive insurance solutions to individuals and businesses in West Bengal and other Eastern states.

Chennai, Tamil Nadu/India

Address: SBI General Insurance Co. Ltd., 2nd Floor, Sigapi Achi Building, 18/3, Rukmani Lakshmipathy Road, Egmore, Chennai - 600008

To serve the insurance needs of a major metropolitan area and industrial belt in Southern India, strengthening the company's regional market share.

Buying Intent Signals for SBI General Insurance

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading SBI General Insurance? Meet the Executive Team

As of April 2025, SBI General Insurance' leadership includes:

Kishore Kumar Poludasu - Managing Director & CEO
Rikhil Shah - Chief Financial Officer
Atul Deshpande - Chief Operating Officer
Priya Kumar - Head – Health, S&D and Emerging Business
Rajeev Chaubey - Head - Claims
Jitender Attra - Chief Technology Officer

Who's Investing in SBI General Insurance?

SBI General Insurance has been backed by several prominent investors over the years, including:

State Bank of India (SBI)
Napean Opportunities LLP (an affiliate of Premji Invest)
WP Honey Wheat Investment Ltd (Warburg Pincus Group)
PI Opportunities Fund I Scheme II (Premji Invest)
Axis New Opportunities AIF-I (Axis Asset Management)

What Leadership Changes Has SBI General Insurance Seen Recently?

Hire2
Exits0

Over the last 12-18 months, SBI General Insurance has seen key appointments strengthening its leadership team, particularly in finance and technology, alongside planned transitions for long-serving executives.

Departures

Anand Pejawar, Anand Pejawar's appointment as Whole Time Director concluded upon completion of his term. He transitioned to the role of Deputy Managing Director.

New Appointments:

Rikhil Shah, Rikhil Shah was appointed as the new Chief Financial Officer, enhancing the financial leadership at SBI General Insurance.
Jitender Attra, Jitender Attra was appointed as Chief Technology Officer to spearhead technological advancements and digital capabilities.

What Technology (Tech Stack) Is Used bySBI General Insurance?

Discover the tools SBI General Insurance uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

SBI General Insurance Email Formats and Examples

SBI General Insurance typically uses standard corporate email formats for its employees. The most common patterns involve combinations of first name, last name, or initials, followed by the company domain.

[first].[last]@sbigeneral.in or [f][last]@sbigeneral.in

Format

jane.doe@sbigeneral.in

Example

85%

Success rate

What's the Latest News About SBI General Insurance?

The Economic TimesJanuary 24, 2024

SBI General Insurance Q3 Net Profit Rises 11% to Rs 104 Crore

SBI General Insurance reported an 11% year-on-year increase in its net profit to Rs 104 crore for the third quarter ended December 2023. The company's Gross Written Premium (GWP) also grew by 16% to Rs 3,179 crore in Q3 FY24, driven by strong performance in motor, health, and commercial insurance segments....more

Rural MarketingFebruary 13, 2024

SBI General Insurance partners with Dvara E-Registry for drone insurance

SBI General Insurance announced a strategic partnership with Dvara E-Registry to offer comprehensive insurance solutions for drones. This initiative aims to provide financial security to drone owners and operators by covering various risks associated with drone usage, thereby supporting the burgeoning drone ecosystem in India....more

Business StandardJuly 5, 2023

SBI General Insurance launches customizable health insurance plan 'Health Edge'

SBI General Insurance introduced 'Health Edge Insurance,' an adaptable health insurance policy. The plan features 18 basic indemnity covers and allows customers to select from several optional add-ons, empowering them to design a health plan that aligns with their specific medical needs and financial preferences....more

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