Mr M N Sarma has been appointed as the Secretary General of General Insurance Council, a body established under section 64 C of Insurance Act, 1938. He has taken charge of General Insurance Council from 1st August 2019. He has replaced Mr. R. Chandrasekaran, whose term got over on 31.7.2019
Before joining General Insurance Council, Mr Sarma worked as the Chairman-cum-Managing Director of United India Insurance Co Ltd.
Mr Nagaraja Sarma Maddipatla, (M N Sarma) is a Postgraduate in Economics, Graduate of Laws and an Associate Member of The Insurance Institute of India (III). He joined the non-life insurance industry as a Direct Recruit Officer in 1982 at New India Assurance Co Ltd. He has worked in almost all areas of non-life insurance and in various capacities that include, Chief Regional Manager, Deputy General Manager in-charge of ROs, GM (Investments), F.A. and Chairman Cum Managing Director.
He has significant experience of foreign operations. Has worked as Resident Manager of New India in Curacao (Dutch Caribbean) for 4-1/2 years. He headed Kenindia Assurance Co Ltd., a composite insurance company in Nairobi, Kenya as its MD & CEO for about 2-1/2 years during which time he was also the Chairman of Tanzindia Assurance Co Ltd., Dar-es-Salaam.
He was also MD & CEO of Health Insurance Third Party Administrator (HITPA), the public sector companies owned TPA and it is in Mr Sarma’s tenure the HITPA became fully operational and started commercial operations.