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Tapan Singhel Net Worth and Biography

Tapan Singhel net worth

What is Tapan Singhel net worth?

Tapan Singhel net worth: Tapan Singhel has been the Managing Director (MD) and Chief Executive Officer (CEO) of Bajaj Allianz General Insurance since April 2012. Keep reading to find more Tapan Singhel net worth here.

Education

Tapan’s basic education was at La Martiniere for Boys in Kolkata and St. Peters, Agra. As a man of science, he has an M.Sc. Degree in Physics with a specialization in Lasers & Spectroscopy from Banaras Hindu University.

Career

Tapan started his career with New India Assurance Company Limited as a direct officer in 1991. He has handled portfolios as varied as accounts, IT, underwriting, claims, marketing, sales, etc. throughout his career.

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He has recently taken over as Chairman of the Confederation of Indian Industry (CII) National Committee on Insurance & Pensions 2020-21. He was also the Indo-German Chamber of Commerce president and was earlier the vice-president (VP) for the year 2013-14. He was a member of the board of directors for Berkshire India Limited and Berkshire Hathway Services India Private Limited during 2011-12.

Before becoming the MD and CEO, Tapan was the chief marketing officer at Bajaj Allianz General Insurance, heading all retail channels and territories. He has been with Bajaj Allianz since its inception in 2001. Tapan was also involved in various international projects such as setting up a retail business for Allianz in China. He works in Pune.

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Under his leadership, the Company has won many awards including Non-Life Insurer of the Year  at the Outlook Money Conclave 2020, as well as General Insurance Company of the Year and Customer Service Provider of the Year at the 4th Annual Insurance India Summit & Awards 2019.

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In 2019, Tapan spoke with HBR Ascend about how he pivoted from science to insurance, how he derived happiness at work when he was young, and how his idea of happiness at work has evolved over the years. Here are some excerpts of his interview on HBR Ascend.

Tapan also has his own podcast, where he shares his insights on a wide range of topics, from insurance to entrepreneurship and a lot more.

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Awards and recognition

  • CEO of the Year at 5th Annual Insurance India Summit & Awards 2020
  • Appointed Chairman of the CII’s National Committee on Insurance & Pensions 20-21
  • LinkedIn Top Voice in 2019 
  • Personality of the Year at the 22nd Asia Insurance Industry Awards 2019 
  • LinkedIn Top Voice in 2018 
  • LinkedIn Power Profile in 2018 
  • CEO of the Year at Indian Insurance Summit & Awards 2018 
  • LinkedIn Power Profile in 2017 
  • The Most Promising Business Leaders of Asia 2017 by the Economic Times 
  • CEO of the year 2017 by Insurance Asia.
  • LinkedIn Power Profile in 2016 
  • CEO of the year 2016 by Insurance Asia.
  • India’s most trusted CEO 2017 by WCRC Leaders Asia 
  • India’s most trusted CEO 2018 by WCRC Leaders Asia 
  • Best admired leader 2016 by White Page International.
  • ASSOCHAM Leadership Award – CEO 2016 

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