BimaKavach, one of India’s fastest-growing business Insurtechs,
today announced the appointment of Pradeep Siddharthan as its Chief Technology & Product
Officer (CTPO), as the company sharpens its focus on AI-led underwriting and risk intelligence
for businesses.
In his new role, Pradeep will lead product strategy and engineering at BimaKavach, with a focus
on building the intelligence layer powering commercial insurance underwriting. He will drive the
company’s technology roadmap, leveraging AI and data to make risk assessment faster, more
accurate, and more contextual for Indian businesses.
Pradeep brings over 16 years of experience across product, technology, and business
leadership, having worked across high-growth consumer internet companies and startups. Over
the course of his career, he has held leadership roles at Myntra, Curefit, and A23, where he
worked on building scalable systems and customer-facing products across marketplaces,
payments, and supply chains.
Commenting on the appointment, Tejas Jain, Founder and CEO of BimaKavach said
“Business insurance in India is at an inflection point. The companies that will define the next
decade are the ones building intelligence into the product, not just the process. We want to
move faster, from identifying risks to building products around them, and making underwriting
and coverage decisions far simpler for businesses to navigate. Pradeep brings a strong
combination of product thinking, technology depth, and experience in building AI-led systems at
scale. As we continue building BimaKavach for modern Indian businesses, his experience will
play an important role in helping us shape that future.”
Speaking on his appointment, Pradeep Siddharthan said “The opportunity at BimaKavach is
to make business insurance genuinely useful, not just accessible. Today, many businesses still
look at insurance as something they buy once and revisit only during renewal or claim, even
though the risks around them are constantly changing as they grow. What excites me is the
chance to build systems that help businesses better understand those risks and make coverage
decisions with confidence. I believe that with the right use of AI, data, and product design,
insurance can become far more proactive, intuitive, and relevant for modern Indian businesses.”
The appointment comes as BimaKavach continues to strengthen its technology and
underwriting capabilities to simplify commercial insurance for Indian MSMEs and emerging
enterprises. The company is focused on building AI-enabled infrastructure that can help
businesses better assess, manage, and respond to operational and financial risks.
About BimaKavach –
BimaKavach is one of India’s fastest-growing business Insurtechs, built to make commercial
insurance super fast, effortless and hyper personalised for Indian businesses. The company is
driven by a clear vision to protect every Indian business and help them grow with confidence. As
an IRDAI-registered direct broker, BimaKavach brings modern thinking and clarity to an industry
that has traditionally been slow and complex.
Built within a leadership team with rich experience in commercial insurance along with cutting
edge technology, BimaKavach delivers an experience that Indian businesses truly deserve. Its
digital-first platform gives companies the option to buy and manage commercial insurance
policies online without delays.
BimaKavach focuses on risk mitigation by helping companies understand their exposures and
strengthen their protection. Coverages are crafted to each company’s risk profile so they remain
effective during claims and evolving risks.
Today, BimaKavach serves 5,000+ businesses with 18+ products across property, liability,
group health, marine and more. It works closely with 25+ top insurers and has facilitated
20,000+ policies. BimaKavach currently protects companies with a total sum insured exceeding
₹96,000 crore and has raised 3 million dollars from Waterbridge, Eximius, Arali and Blume
Ventures.
Brands such as Tally, Treebo, JK Cements, LG, The Whole Truth, BlissClub, Wrogn and
CleverTap trust BimaKavach for its speed, digital simplicity and strong risk understanding.











