QBE’s Indian subsidiary Raheja QBE has appointed Pankaj Arora as CEO and MD, based in Mumbai.

The company is a joint venture with Prism Johnson and QBE Holdings.

Mr Arora will be responsible for developing products in personal lines, and improving the company’s brand in India, where it already has strength in products liability and other commercial lines.

He is a former president of personal lines, bancassurance and affinity at Liberty General Insurance. He has also worked with Tata AIG and Bajaj Allianz, and was national head of general insurance at SMC Group.

Mr Arora says Raheja QBE aims to bring one innovative product to the market every two years.

Chairman Akshay Raheja said: “Over the next five years we plan to expand our footprints across the country, with focus on tapping into the fast-growing personal lines market.”