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Cover Genius expands in Asia, appoints MD

Insurtech Cover Genius has appointed Arijit Chakraborty as MD for Southeast Asia and India as it targets fast business growth in retail, travel, fintech, logistics and mobility in the region.

Mr Chakraborty will spearhead insurance and commercial partnerships and lead regional teams in Asia.

Cover Genius has offices in Australia and New Zealand, North America, the UK, Netherlands, Germany, Japan, Singapore, India, Korea, Indonesia, Malaysia and Thailand.

Singapore-based Mr Chakraborty founded business services firm Arch Solutions and was formerly senior VP at Manulife and a general counsel at Zurich.

The Cover Genius XCover insurance distribution platform and XClaim instant payment capability has overcome “many of the traditional restrictions to true global insurance distribution”, he said.

“[It] is the ideal partner for Asia’s largest online companies as they look to tap into the huge opportunity that exists in selling insurance in the booking or purchase path.”