Policybazaar Insurance coverage Brokers Non-public Restricted, an entirely owned subsidiary of PB Fintech Ltd, has appointed Sajja Praveen Chowdary as its chief govt officer (CEO) and Principal Officer, following the resignation of Tarun Mathur, in line with a regulatory submitting.

The appointment, permitted by the Insurance coverage Regulatory and Improvement Authority of India, took impact on 7 April 2026. Chowdary may even function Complete-Time Director of the corporate.

Tarun Mathur stepped down from his function with impact from the shut of enterprise on the identical day, citing private commitments. Chowdary has been with PB Fintech since 2011 and at the moment leads Policybazaar for Enterprise, the agency’s company, SME insurance coverage and reinsurance division.

Throughout his tenure, Chowdary has overseen a number of enterprise capabilities, together with product and expertise administration. He additionally performed a task in increasing the corporate’s retail insurance coverage choices, together with motor and time period life merchandise, and launched options corresponding to self-video inspection and zero-cost time period insurance coverage geared toward simplifying purchases for purchasers.

A advertising and marketing skilled with greater than 17 years of expertise in e-commerce and enterprise administration, Chowdary holds a postgraduate diploma in advertising and marketing from IMT Ghaziabad and a BTech in electronics and communications.

Mathur, a long-serving govt at Policybazaar, spent greater than 18 years with the corporate. Throughout that point, he held a number of management roles, together with co-founder and chief enterprise officer, and led areas corresponding to analytics, income administration, life insurance coverage and strategic initiatives.