Polaris Software, an India-based financial technology company, has appointed Pranav Pasricha as new global head of insurance business.

In his new role, Pasricha will lead the insurance vertical and leverage the company’s Intellect SEEC framework to provide efficiency to key customers.

Prior to joining Polaris, Pranav was executive general manager of strategy, technology and operations for QBE Australia.

Pranav will bring experience of working in various micro-verticals within the insurance domain, and has handled critical functions such as strategy, business transformation, program delivery and corporate governance.

Polaris Software chairman and CEO Arun Jain said that the company has a fantastic proposition for the insurance industry with the unique offerings – both products and services.

‘With Pranav coming on board, I am confident our growth journey in the insurance space will gain significant momentum and complement the talent of our team that already services seven of the top 10 global insurance companies.

Polaris has offices in all global financial hubs including Tokyo, Sydney, Hong Kong, Singapore, India, Dubai, Bahrain, Riyadh, London, Belfast, Zurich, Frankfurt, Toronto, New York, Chicago, Fremont, Pittsburgh and Chile.