MUMBAI: Prudent Insurance Brokers has roped in Shantanu Saran as its new chief business officer (CBO), marking a strategic move aimed at boosting growth and deepening client engagement in a rapidly evolving insurance landscape.
A seasoned insurance professional with over two decades of experience, Saran steps into the new role with an ambitious mandate: scale the firm’s footprint, drive innovation in service offerings, and strengthen stakeholder relationships. Prior to this, he spent 17 years at Marsh India Insurance Brokers, where he most recently served as MD – sales & claims. Earlier in his career, he was with ICICI Lombard for over four years as area head – corporate solutions group.
In his new role at Prudent, Saran will lead business development initiatives and identify new growth opportunities, while aligning operations with market demands and risk management trends. His appointment aligns with Prudent’s aggressive expansion blueprint and its commitment to delivering comprehensive, client-centric insurance solutions.
“Shantanu’s appointment marks an important step in the company’s growth journey. His track record in building stakeholder relationships, managing P&Ls, and innovating strategic growth opportunities aligns well with our focus on delivering value and trust”, said Prudent Insurance Brokers JMD Pavanjit Singh Dhingra.
Saran holds an economics degree from Delhi University’s Ramjas College and a business administration degree from K.J. Somaiya Institute of Management Studies & Research. His leadership ethos has consistently revolved around delivering measurable outcomes while adapting to changing industry expectations.
“I am honoured to be part of Prudent Insurance Brokers at a time when the industry is evolving rapidly, and client expectations are continuously rising”, said Saran. “Prudent’s strong foundation, client-centric culture, and clear strategic direction make it ideal to build meaningful and long-term value”.
The company views this leadership addition as a pivotal move in reinforcing its industry positioning and enhancing its value proposition.