Press Release

Aegon Life Insurance appoints Naveen Bachwani as Chief Operating Officer

Aegon Life Insurance, pioneer of digital insurance in India, recently announced the appointment of Naveen Bachwani as its Chief Operating Officer to drive Digital Transformation, Product Development and Operations for the digital-first Insurance organization. He will be based out of the corporate office in Mumbai.

Naveen Bachwani comes with experience of more than 20 years in Customer Strategy, Digital Transformation and Communication Design. His last assignment was with the Edelweiss Group. He has also held leadership assignments across a variety of roles with industry leaders like the ICICI Group, Times of India, Experian India and othersincluding multiple stints as a P&L owner and entrepreneur.

“We are happy to welcome Naveen Bachwani to the Aegon Life family. His rich experience in the industry, domain know-how across the BFSI spectrum and strong understanding of business operations will provide a unique perspective to the organization. Naveen’s consultative approach and his deep understanding of technology will help in making our products more powerful and relevant to customers,” Sunita Rath, Chief People Officer, Aegon Life Insurance said.

On his appointment, Naveen Bachwani, expressed “I am glad to be a part of the Aegon Life family. I have always been passionate about Technology and believe in Aegon Life’s long-standing strategy of going Direct-to-Customer (D2C). Aegon Life Insurance has gained significant experience and understanding of the digital insurance space in India, and I am very happy to be a part of its journey to success, going forward.”

Naveen Bachwani’s experience includes being a Speaker and Jury Member at industry events across India, contributing as a Visiting Faculty at various Management institutes (NITIE, KJ Somaiya, etc.) and acting as a Business Mentor to select non-profits and startups. His contributions have also been featured in various online/print magazines like  ZDNet India, YourStory, etc.

Naveen’s academic background includes a Bachelor of Science degree from St. Xavier’s, Mumbai, and an MBA in Marketing from K.J. Somaiya, Mumbai.

About Aegon Life Insurance Company

AEGON Life, one of the leading digital insurance companies in India, is a new-age digital service company and is amongst the first companies to launch Online Term Plan in India. Being the online protection specialists, AEGON Life has a company-employed service team that is fully geared to provide customers the highest levels of service.

With a vision to be the most recommended new age Life Insurance Company, the company’s Direct to Customer focus establishes a direct dialogue with the customers to make for greater clarity and transparency.

About AEGON:

AEGON’s history dates back for almost two centuries, however AEGON as we know it today was founded in 1983 following the merger of two Dutch insurance companies, AGO and Ennia. Today, AEGON is one of the top-10 largest insurance companies in the world. AEGON is one of the world’s leading providers of life insurance, pensions and asset management headquartered in The Hague, Netherlands.

Disclaimer: The story is in the form of a Press Release and has not been edited or reviewed for language or content. The content is published in the form that it was received by the editors after removing certain personal information such as contact numbers and emails. is not responsible for the veracity of this content

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