Policybazaar for Business Adds Balasundaram R to Advisory Board

06 Jan 2026 CW Team

Policybazaar for Business has recently appointed general insurance veteran Balasundaram R as a Senior Advisory Board member and Head of Marine Practice. The move is aimed at strengthening the company’s technical depth and long-term advisory capabilities across the corporate insurance landscape.

With over four decades of experience in the Indian general insurance sector, Balasundaram brings deep expertise across underwriting, claims management and solution structuring. He is widely recognised for his long-standing specialisation in marine cargo insurance, where he has consistently balanced underwriting discipline with commercial outcomes while designing bespoke solutions for complex corporate risks.

Beyond technical proficiency, Balasundaram is known for his leadership in channel management, negotiation and team development. He has also played a significant role in mentoring talent across the industry and is a strong advocate of insurance education. As a visiting faculty member at institutions such as the National Insurance Academy and the College of Insurance, he continues to engage with and guide young professionals. He is also a regular speaker at industry forums organised by bodies including IUMI, IBAI, III and NIA.

Commenting on the appointment, Sajja Praveen Chowdary, Director, Policybazaar for Business, said Balasundaram’s extensive experience, particularly in complex marine risks, will be instrumental in enhancing the company’s advisory capabilities and delivering robust insurance solutions to Indian enterprises.

The appointment reinforces Policybazaar for Business’s focus on deepening domain expertise and building a strong advisory ecosystem to support businesses facing increasingly complex risk and insurance requirements.

Real Estate

28 Feb 2026

Casagrand Launches Keystone In Tiruppur

Casagrand has launched Casagrand Keystone, a gated residential development at Rakkiyapalayam, off Avinashi Road, in Tiruppur. Spread across 2.2 acres, the B+G+5 structure comprises 142 units of 2 and 3 BHK homes, supported by 48 indoor and outdoor amenities. The project is introduced at a starting price of Rs 5,199 per sq. ft. The development allocates 1.3 acres to open space, including a central park of about 24,500 sq. ft. A 6,800 sq. ft. clubhouse includes a multipurpose hall, mini theatre and indoor recreation facilities. Other amenities include a 5,100 sq. ft. swimming pool, poolside par..

Premium homes account for half of India’s housing sales in 2025

Knight Frank India, in its latest report on India’s office and residential property market, has highlighted a significant shift in housing demand, with homes priced above Rs 10 million accounting for 50 per cent of total residential sales across the top eight cities in 2025. The findings underscore the growing dominance of premium housing in the country’s real estate landscape.Out of 348,247 residential units sold during the year, approximately 175,091 units were in the Rs 10 million-plus category, marking a 14 per cent year-on-year increase. The data reflects changing buyer preferences, w..

Xbattery launches XB-5K energy storage system for homes, offices

Xbattery, a Hyderabad-based deep-tech company specialising in next-generation energy storage and battery management technologies, has introduced its flagship XB-5K, a scalable 5kWh energy storage system designed for homes and offices in India.The XB-5K is built on the company’s indigenously developed BharatBMS platform, described as India’s first universal high-voltage battery management system architecture aimed at reducing import dependence and improving after-sales service capabilities. The launch comes as India seeks to strengthen domestic manufacturing and address reliance on imported..