Bharti AXA Life Insurance has appointed Prerak Parmar as its new Chief Growth Officer, a move that is set to strengthen the company's leadership team. Prerak, who brings over 26 years of experience in the FMCG and Life Insurance sectors, will lead all proprietary distribution channels at Bharti AXA Life, including Agency, Partner Office, Insurance Manager, and Direct Distribution. He will also jointly oversee revenue assurance and pricing.
Prerak’s leadership is expected to enhance the company’s distribution network and accelerate its growth trajectory. His extensive experience in sales and general management will be crucial in boosting frontline productivity, improving customer retention, and optimising business efficiency.
He holds an MBA from the Institute of Management Technology (IMT), Ghaziabad, specialising in Business, Management, Marketing, and Related Support Services.
Mr. Parag Raja, MD & CEO of Bharti AXA Life, commented on Prerak’s appointment: "We are excited to have Prerak on board. His deep industry expertise in driving growth makes him a great asset to the company. As we expand our market presence and enhance the value we deliver to customers, Prerak’s extensive experience in leading multi-channel distribution, coupled with his deep understanding of customer-centric strategies, will be instrumental in driving our growth.”
In response, Mr. Prerak Parmar said, "I am excited to be a part of Bharti AXA Life Insurance. In my role, I will focus on expanding our distribution network, strengthening customer engagement, and driving profitability and innovative solutions to enhance market reach."
With this strategic leadership appointment, Bharti AXA Life aims to optimise its operations, broaden its reach, and deliver exceptional value to customers, ensuring sustainable growth in the evolving insurance landscape.