RenewBuy appoints Rahul Garg as Chief Technical Officer – Startup Story

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Renewbuy insurtech startup has appointed Rahul Garg as a chief technical officer. Garg who has two decades of expertise in multiple roles in the IT industry would extensively focus on RenewBuy’s tech growth strategy and help further shape its digital transformation solutions, he will oversee products, technology and digital services and will be responsible for devising a tech-based strategy for increasing the company’s profitability.
RenewBuy has about 95,000 insurance advisors,founded in 2015 by Balachander Sekhar and Indraneel Chatterjee it has insured more than 3 million customers across 800 cities and towns. The company recently ventured into the motor insurance category and is working towards an artificial intelligence (AI)-based claim settlement process for seamless claim intimation, processing, and settlement, its working on developing customised insurance products, using micro-consumer behaviour data targeted at helping consumers in the smaller pockets.
Garg stated, “At RenewBuy, my focus will be to strike the right balance between the company’s business goals and technology stack. I will be working towards enhancing RenewBuy’s AI and machine learning capabilities, real-time performance data and help create innovative consumer solutions. I am hopeful that I will be able to help the company scale its business to even greater heights, using technology as an enabler.”
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