Segar Sampathkumar has thirty seven years of experience in the General Insurance industry.
He retired as General Manager and Director of General Insurance Corporation of India. At GIC, he was a member of the IPO Committee of the Board. He was also a member of the Investment and Audit Committees of the Board.
Before moving to GIC, Segar Sampath was working at New India for eight years as Deputy General Manager and General Manger. As General Manager, he was heading Health, Foreign Business Operations, Liability, Credit and Miscellaneous lines of business at New India. He was also looking after Customer Care and designed the Grievance Redressal Policy framework.
As head of Health Insurance in New India, Segar was also responsible for Product design, development and distribution for all Health insurance products. He developed strong and lasting relationships with major Corporate Accounts in their employee benefit insurance programmes. He had worked actively for the conceptualization and implementation of Preferred Provider network on behalf of the four Public Sector insurance companies. New India was awarded the Outlook Money Award for Best Health Insurer 2012 and 2015.
Segar Sampath was also a Director of Stockholding Corporation of India from 2014 to 2017 and was the Chairman of the Risk Management Committee of Stockholding Corporation Board.
During his twenty eight years of service at United India, Segar Sampath served the company in various marketing assignments as Branch Manager, Divisional Manager and Chief Regional Manager.
Segar was a member of the IRDA Expert Committee to examine Health insurance Framework.
He also served as a member in the IRDA Expert Committee on Reinsurance Regulation.
He was a Member of the Sub Group constituted by IRDA for Preparation of a Discussion Paper on Savings Linked Health Insurance Product, was Mentor and Co-Chair, CII Committee on Accessibility- Health Insurance. And he was also a Member of the FICCI Health Advisory Group
He was a member of the Board of Education of the Insurance Institute of India.