Delhi/Gurugram, July 03, 2026: IFFCO-TOKIO General Insurance Company Limited (IFFCO TOKIO GIC), one of India’s leading general insurance companies, has announced the appointment of Ms. Alpana Singh as its Whole Time Director, Marketing.

In her new role, Ms. Singh will lead the company’s growth strategy, reinforce the company’s market positioning, and drive customer engagement initiatives. Her appointment is expected to further accelerate IFFCO TOKIO’s journey by enhancing brand visibility and delivering superior customer experiences.

Before joining IFFCO-TOKIO, Ms. Singh held several senior leadership positions at Bajaj General Insurance formerly known as Bajaj Allianz General Insurance. During her tenure, she successfully led large-scale business growth initiatives, strengthened strategic partnerships, expanded the bancassurance business, and played a pivotal role in shaping the company’s brand and market presence.

Announcing her appointment, Mr. Subrata Mondal, Managing Director & CEO, IFFCO TOKIO General Insurance Company Limited said, “As we enter into next phase of growth, Marketing function will play a vital role in elevating market leadership of IFFCO TOKIO GIC. Ms. Singh, with her sharp eye on global marketing trends, will be an integral part of this growth story.”

An experienced board level leader with demonstrated history of working with both PSUs and private insurance companies, she excels in sales, negotiations, bancassurance, CRM and marketing.

Acknowledging the responsibility, Ms. Alpana Singh said, “It’s an honour and huge responsibility to lead the Marketing function at IFFCO TOKIO – known for its unique spread across the country and mission of insuring not only the urban India but also a farmer toiling in the farms. I look forward to contributing to the mission.”

As a Director -Marketing & Whole Time Director, Ms. Alpana Singh will be based in company’s Gurugram headquarter and her appointment is effective from July 1st, 2026.

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Commenting on the occasion, Mr. Subrata Mondal, MD & CEO, IFFCO-TOKIO General Insurance Company Limited, said, On this National Insurance Awareness Day, I would like to emphasize on the importance of insurance. Having insurance is essential as it provides financial support against uncertainties.

In India, insurance penetration is very low across all segments. People still need to be pushed to buy insurance, rather than proactively purchasing it themselves. Despite Insurance premiums being lowest among Asia-pacific countries and efforts from agents, regulators, and financial institutions, only 15% of losses are currently covered by insurance policies. For instance, in the case of vehicle insurance, more than half of the vehicles on the road are uninsured.We believe that people should understand the benefits of insurance and take insurance policies to cover their losses in case of uncertainties and medical emergencies.

Experts believe that increasing awareness and encouraging proactive insurance adoption will play a crucial role in strengthening financial resilience across households. As India moves towards greater financial inclusion, improving insurance penetration remains essential to safeguarding lives, assets, and long-term financial well-being.

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