Policybazaar has elevated Sajja Praveen Chowdary as the Chief Executive Officer and Principal Officer of its insurance broking arm, Policybazaar Insurance Brokers Private Limited. The appointment came into effect on April 7, 2026, following approval from the Insurance Regulatory and Development Authority of India (IRDAI).
Chowdary succeeds Tarun Mathur, who stepped down from the role citing personal commitments, marking a leadership transition within the company’s broking business.
A long-time member of the PB Fintech ecosystem, Chowdary joined the group in 2011 and has since held multiple leadership roles across business verticals. He currently heads the “Policybazaar for Business” division, which focuses on corporate, SME insurance, and reinsurance, and has been a key driver of growth in the enterprise insurance segment.
Over the years, he has also contributed significantly to scaling Policybazaar’s retail insurance offerings, particularly in motor and term life segments. His leadership has led to the introduction of customer-centric innovations such as Self Video Inspection and Zero-Cost Term Insurance, aimed at simplifying the insurance buying process.
With over 17 years of experience, Chowdary brings expertise across business management, product and technology leadership, business development, and project execution within the e-commerce and insurance sectors.
His appointment comes at a time when Policybazaar is strengthening its presence across both retail and corporate insurance segments, with a continued focus on digital innovation and expanding its business insurance and risk advisory capabilities.
