Turtlemint ropes in seasoned banking and insurance veteran, Amreesh Kher, to Head Partnership Distribution

2024-04-29 03:22:46 Business

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Mumbai, 11th May, 2022: Turtlemint, India?s leading insurtech firm, has onboarded Amreesh Kher as Chief Partnership Distribution Officer to head its Turtlefin vertical and drive its growth both in India as well as overseas. Turtlemint is focused on digitising the entire insurance distribution value chain and ensuring that its technology solutions can be leveraged by both individuals and institutions. Amreesh, in his new role as Head, Turtlefin, will support Turtlemint to achieve this vision and expand its footprint.

Amreesh is a seasoned insurance and banking industry veteran with over two decades of versatile experience across the insurance and financial products distribution ecosystem. He has assumed leadership positions in several leading organisations and successfully steered those companies towards their goals.

Turtlemint has recently concluded it Series E funding, raising $120 MN to boost its growth initiatives and onboarding a seasoned professional like Amreesh is a step towards strengthening its leadership team and spearhead it?s efforts in India and beyond.

Commenting on the appointment Mr. Dhirendra Mahyavanshi, Co-founder, Turtlemint, said, ?Turtlemint is innovating and growing at an accelerated clip and is on path to increasing its presence in overseas markets like the UAE. Through our offerings under the Turtlefin vertical, insurers can holistically empower their sales team digitally to better serve their customers and enable third-party organizations to seamlessly incorporate insurance distribution into their customer journeys. We are currently at an inflexion point and are consciously taking steps to ensure that we continue to innovate and make our solutions available to ecosystem stakeholders in a seamless and efficient manner. Hence, I am very excited to welcome Amreesh to the Turtlemint family and harness his expertise and experience in the insurance industry to accelerate the next phase of our growth journey.?

Anand Prabhudesai, Cofounder, Turtlemint, said, ?We are very happy to have Amreesh join team Turtlemint. As a firm, we have always worked at the confluence of technology and human interventions in order to ensure that our clients, both individuals and institutions, receive the best-in-class products and services. While we continue to proactively leverage technology to enhance our solutions and offerings, Amreesh?s expertise in the insurance distribution space will ensure that we increase our footprint in our focus geographies that include India, the UAE, and South East Asia?

Amreesh Kher, Head, Turtlefin said, ?Turtlemint?s growth journey in such a short span of time has been inspiring and I am sure that there are many things to learn from how it carved a niche for itself in the insurtech space. I am very excited to join the Turtlefin team, and both take part and contribute to its next leg of growth. The insurance landscape is changing and Turtelmint is leading this change from the front.?

Prior to joining Turtlemint,he was the SVP and leading a distribution channel in the Bancassurance space at Max Life .

About Turtlemint

India-born Insurtech firm Turtlemint has grown significantly since its inception in 2015, raising close to USD 190 million from marquee investors GGV Capital, American Family Ventures, MassMutual Ventures , SIG , Blume Ventures, Sequoia Capital India, Nexus Venture Partners, Dream Incubator, Trifecta Capital ,Jungle VC & adding Amansa Capital, Vitruvian Partners and Marshall Wace in their latest round. Turtlemint has a wide network of 160,000 + insurance advisors (PoSPs), trained and equipped to issue an insurance policy instantly to its prospective buyer via Turtlemint?s user-friendly and innovative digital platform. It empowers PoSPs to sell insurance policies to consumers in their first language in every part of the country across metros, cities, and towns covering 15,000+ pin codes, thus ensuring the last mile connect. Most recently, the company on boarded Mahendra Singh Dhoni as the brand ambassador and launched the campaign #ActiveHoJaao to sensitize passive customers