HDFC Ergo CEO Tyagi Quits to Pursue Entrepreneurial Ambitions
The board of directors at HDFC ERGO declared the resignation of Anuj Tyagi, who served as the managing director and chief executive officer of HDFC ERGO General Insurance. Anuj submitted his resignation on January 16, 2026 to focus on his entrepreneurial ambitions.
The board has commenced a systematic succession plan to maintain consistency and stability in the organization.
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Leading up to his departure in mid-April, Anuj will collaborate with the team to facilitate a seamless transition that aligns with the company's strategic vision, principles, and obligations to stakeholders, including customers, partners, and employees, as stated by the company.
HDFC ERGO General Insurance, a private-sector general insurance firm, is endorsed by HDFC Bank Limited and ERGO International AG, the primary insurance division of the Munich Re Group.
Anuj began his tenure with the company in 2008 and assumed the roles of managing director and chief executive officer in July 2024, taking over from Ritesh Kumar, who transitioned to a position on the board of management at ERGO International. Throughout his 17 years of experience, Anuj has held various roles encompassing reinsurance, underwriting, claims, technology, human resources, and sales channels, contributing significantly to establishing the organization as a leading digital non-life insurance company of substantial size.
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HDFC ERGO expressed gratitude towards Anuj for his valuable contributions to the company, acknowledging his efforts in fortifying the company's technical infrastructure, expanding the distribution network, propelling digital evolution, and fostering a corporate culture centered on integrity and sustained value generation.
The company experienced a significant increase of 35.75 percent in the gross direct premium underwritten in December 2025, amounting to Rs 1,283.42 crore. However, during the April-December period of the financial year 2026, there was a decrease of 10.09 percent year-on-year in the premium, totaling Rs 10,980.22 crore.
Furthermore, HDFC ERGO General Insurance Company Limited provided a report on the increasing interest in green mobility insurance on a global scale. Recent advancements in Europe have highlighted the rapid transformation of customer demands for insurers, particularly in the realm of micromobility and electric two-wheelers. HDFC ERGO provides insurance options for motor vehicles, including coverage for electric two-wheelers.
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Clients have the flexibility to select the type of coverage that best suits their requirements, such as third-party insurance as mandated by law. The company strives to streamline the decision-making process for clients by offering online purchasing and renewal options, as well as presenting clear coverage choices that cater to their specific riding habits, parking locations, and frequency of vehicle usage.