Mumbai, 14th October 2025: The Insurance Brokers Association of India (IBAI), the apex body representing licensed insurance brokers across the country, announced the election of new Directors to its Board from the West and North Zones during its Board meeting held on 11th October 2025, following the recently concluded election process. IBAI is also pleased to announce that Mr. Kishan Lal Agrawal, Director, Worldwide Insurance Broker Pvt. Ltd., has been unanimously elected as the Vice President of the Association.
The newly elected Directors are:
West Zone:
- Mr. Pavanjit Singh Dhingra, Prudent Insurance Broker Pvt. Ltd
- Mr. Hitesh K. Lakhani, Investacc Insurance Broker Pvt. Ltd
- Mr. Sanjeet Kumar Rustagi, Beacon Insurance Broker Pvt. Ltd
North Zone:
- Mr. Sameer Samdani, Hyundai India Insurance Broker Ltd
- Mr. Kishan Lal Agrawal, Worldwide Insurance Broker Pvt. Ltd
IBAI is also pleased to announce that Mr. Kishan Lal Agrawal, Director, Worldwide Insurance Broker Pvt. Ltd., has been unanimously elected as the Vice President of the Association
The newly appointed Directors bring with them extensive industry expertise and leadership that will further strengthen IBAI’s efforts in advancing the insurance broking sector, promoting transparency, and ensuring the highest standards of professional conduct. Their election underscores IBAI’s continued commitment to fostering collaboration, innovation, and growth within the insurance ecosystem.
Speaking on the occasion, Mr. Narendra Bharindwal, President, IBAI said, “We, at IBAI, extend our congratulations to the newly elected Directors and look forward to their contributions in shaping policies, addressing industry challenges, and representing broker interests at the national level, while promoting the government’s initiative of Insurance for All by 2047. Their diverse experience will add immense value to IBAI’s ongoing initiatives aimed at protecting policyholder interests and strengthening the insurance distribution framework.”
IBAI plays a pivotal role in representing the collective voice of the insurance community, working closely with IRDAI, industry bodies, and other stakeholders to promote best practices and sustainable growth in the insurance sector.
