Ravi Inkollu
Bangalore
Summary
Strategic Insurance and Risk Management Professional with over 12 years of specialized experience in liability assessment, policy interpretation, and regulatory compliance. Expert in minimizing financial exposure through robust risk analysis, fraud detection mechanisms, and strategic litigation management. Proven track record of managing large-scale insurance portfolios and leading high-performance teams to consistently exceed operational targets. Expertise includes auditing policy frameworks, ensuring statutory compliance, and advising senior stakeholders on complex risk exposures.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Deputy General Manager/Senior Manager
Acko General Insurance Co Ltd
Bangalore
11.2021 - Current
- Strategic Portfolio Management: Oversee the risk and litigation portfolio for the entire South India zone, ensuring alignment with corporate risk appetite and statutory regulations.
- Process Optimization: Developed data-driven strategies for claims handling that maintained a disposal ratio of over 100% for 12 consecutive years, demonstrating the ability to scale operations efficiently.
- Fraud Risk Management: Spearheaded investigations into large-scale fake insurance policy rackets, and implemented verification protocols that protected the company from significant financial loss.
- Policy Analysis & Advisory: Acted as a central authority on liability claims, interpreting complex policy clauses to determine coverage eligibility, and prevent claims leakage.
- Leadership: Mentored cross-functional teams to align with organizational goals, fostering a culture of high performance and recognition.
Zonal Head Legal(Senior Manager)
Tata AIG General Insurance Co. Ltd.
Hyderabad
07.2019 - 11.2021
- Risk Assessment: Managed the entire legal portfolio for AP & Telangana, conducting rigorous risk assessments on incoming claims to validate liability exposure.
- Technical Proficiency: Recognized with "Auto University Certification" for deep technical understanding of motor and liability insurance frameworks.
- Compliance Adherence: Ensured all portfolio activities strictly adhered to consumer protection laws and insurance regulations.
Deputy Manager Legal
Chola MS General Insurance Co. Ltd.
Hyderabad
12.2018 - 06.2019
- Served as the Legal Manager, handling Consumer, Ombudsman & MACT Portfolio.
Appeal Head
Royal Sundaram General Insurance Co. Limited
Chennai
09.2018 - 12.2018
- Regulatory and Appellate Strategy: Managed the national appeal portfolio, analyzing legal precedents and policy wordings to coordinate appeal cases nationwide.
- Negotiation and Settlement: Executed strategic compromises in high-value cases to protect company assets and secure favorable outcomes.
Area Manager/Senior Executive
SBI General Insurance Co. Limited
Hyderabad/Chennai
11.2015 - 08.2018
- Portfolio Growth: Progressed from Senior Executive to Area Manager, overseeing Entire Litigation, and ensuring adequate reserving for potential losses.
- Excellence in Execution: Awarded "Brand Champion" and "Outstanding Performer" for effective representation in judicial forums, and mitigating claim costs.
Executive Legal
Bajaj Allianz General Insurance Co. Limited
Vijayawada & Kadapa
09.2013 - 11.2015
- As a TP Claims Executive, successfully disposed of over 90% of claims through compromise.
- Drafted key legal documents including written statements and evidence affidavits for defense in court.
Education
LLB - Law
Hyderabad
Hyderabad08-2010
Skills
- Insurance policy analysis
- Operational risk management
- Fraud detection and due diligence
- Regulatory compliance expertise
- Stakeholder engagement
- Claims management
- Litigation management
Certification
Licentiate from the Insurance Institute of India (2021),
Certified Labour Law & Statutory Compliance Professional from National Skill Deck
Diploma in International Convention and Maritime Law from Alison
Analytics in Insurance from Great Learnings
GDPR & Its Impact on Indian Companies from Manupatra
Leadership & Management from Great Learning,
Basics of Risk Management in the Insurance Sector from Cambridge International Qualifications
Insurance: Underwriting, Risks, Regulatory, Practices from Udemy.
Certified Labour Law & Statutory Compliance Professional from National Skill Deck
Diploma in International Convention and Maritime Law from Alison
Analytics in Insurance from Great Learnings
GDPR & Its Impact on Indian Companies from Manupatra
Leadership & Management from Great Learning,
Basics of Risk Management in the Insurance Sector from Cambridge International Qualifications
Insurance: Underwriting, Risks, Regulatory, Practices from Udemy.
Languages
English(Proficient), Telugu(Native), Hindi(Intermediate), Kannada(Intermediate), Tamil(Basic)
Disclaimer
I hereby affirm that the information furnished is true and correct to the best of my knowledge
(Ravi Inkolllu)
Timeline
Deputy General Manager/Senior Manager
Acko General Insurance Co Ltd
11.2021 - Current
Zonal Head Legal(Senior Manager)
Tata AIG General Insurance Co. Ltd.
07.2019 - 11.2021
Deputy Manager Legal
Chola MS General Insurance Co. Ltd.
12.2018 - 06.2019
Appeal Head
Royal Sundaram General Insurance Co. Limited
09.2018 - 12.2018
Area Manager/Senior Executive
SBI General Insurance Co. Limited
11.2015 - 08.2018
Executive Legal
Bajaj Allianz General Insurance Co. Limited
09.2013 - 11.2015
LLB - Law
Hyderabad