Tarun Chugh Tarun Chugh

Tarun Chugh

MD & CEO, Bajaj Life

Tarun has been the transformational leader behind the sustained growth of Bajaj Life, which is now one of the fastest-growing private life insurers amongst top companies in the country. The Company is ~26K team strong, operates across over 595 branches, has India’s only Agency channel that is 100% digital with has a network of around 1.6 lakh Insurance Consultants (agents). The Company offers Bespoke Banca experience to India’s leading Banks and financial institutes and is proud to have India’s leading Direct channel.

At Bajaj Life, every aspect of the business continues to be guided by its Customer First approach. It has enabled it to redefine its products suite, enhance its distribution, elevate and simplify its services and processes. These initiatives continue to strengthen the Company’s brand promise "Life Goals. DONE.", under Tarun’s leadership. A strong advocate for innovation and employee empowerment, he has introduced several unique initiatives for customer delight as well as employee development. Today, Bajaj Life Insurance leads the industry across parameters. From its comprehensive suite of life goals enabling products, tech-empowered service eco-system, digital assets to delight all stakeholders while they engage with the Company, as well as a team that thinks innovation and delivers on customer delight.

Tarun’s rich industry tenure of over three decades, includes leadership roles at PNB Met Life and ICICI Prudential Life Insurance. His rich experience continues to fuel his transformational approach to create sustained innovation and growth within the Company. His engagement extends to industry and academia. He serves on governing councils and advisory boards, including IIM Sambalpur. An IIT Delhi and IIM Lucknow alumnus, Tarun resides with his family in Mumbai.