The Insurance Brokers Association of India (IBAI) has announced the election of Mr Nirmal Bazaz as honorary secretary. Mr Bazaz was elected as director of IBAI in 2023, and he continues to hold the position.
Mr Bazaz has over three decades of experience. He has raised awareness on risk management and insurance by organising seminars and workshops through platforms such as the Indian Chamber of Commerce and Industry and business associations, among others. He also acts as visiting faculty for the orientation programme for Chartered Accountants with the Institute of Chartered Accountants of India.
Mr Bazaz also actively represents the brokers’ community on various platforms, including the Insurance Regulatory and Development Authority of India. He is an Honours Commerce Graduate from St. Xavier’s College, Ranchi, and successfully qualified for his Chartered Accountancy in 1991. He founded Extra Cover Insurance Brokers in 2005.