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"Technology-aided value adds have become an integral part of the reinsurance business.Let it be Rule Engine, Underwriting Manual, Predictive models in pricing or embedded products, all of it is playing an important role in the expansion of the reinsurance market."

THE INSURANCE TIMES

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February 2023

About Rohit Rohit A. Boda joined the J.B.Boda Group in 2011 and is currently the Group Managing Director. He is a service focused broker who believes in utilizing opportunities from risks through strategic investment and visionary thinking.

- Rohit Boda

"Technology-aided value adds have become an integral part of the reinsurance business.Let it be Rule Engine, Underwriting Manual, Predictive models in pricing or embedded products, all of it is playing an important role in the expansion of the reinsurance market."

With a decade of industry experience and knowledge inherited from his family's reinsurance broking business, he has a strong understanding of the industry.

During his tenure, Rohit has made significant contributions to the Group, including introducing Agriculture Re/Insurance, expanding the Health and Medical team, creating PROTECT, an in-house (re) insurance software, collaborating with the Institute of Risk Management, and leading a think-tank established at the Group's Mumbai headquarters.

He has received numerous accolades, including being awarded 'Young Broker of the Year' by Insurance Asia News in 2020 and 2021, and has been interviewed by various publications such as Reinsurance News, CNBC, Business Life, and Asia Insurance Review. He has been recognized as the youngest millennial in the insurance industry.

In addition to his work with the Group, Rohit also focuses on team building investing in the right manpower, motivate team growth, and retain employees. His vision for the Group’s future is to continue the legacy of the J.B.Boda Group with transparency, a forward-thinking approach, and the goal to establish a global presence in the reinsurance and insurance broking industry.

Q. J B Boda Group has a rich legacy of more than 75 years as one of the most renowned Re Insurance Brokers. Please brief us about your journey and future Plans.

A: The J.B.Boda Group has a history going back more than 8 decades. Due to our constantly changing procedures, we are happy to refer to ourselves as a 79-year-old Start-Up. The J.B.Boda Group was conceived in the coastal city of Porbandar and eventually became a reality. The start of reinsurance broking in India came as we relocated to Mumbai, the nation's financial hub.

Our long-term goal is to expand into previously untapped markets. Our most recent endeavour, Walnnut our web platform for retail insurance), was a step toward our goal.

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