Mr. Sandip KarmarkarMD & CEO
    MD & CEO, GIC Re SA

    Sandip Karmarkar joined GIC Re, India in June 1988. He is a Commerce graduate from Mumbai University and an Associate of Insurance Institute of India.

    Early in his career he handled Foreign Inward Business emanating from Africa, Australia and New Zealand and later Fire (Domestic) business. Thereafter, he has worked in the Office Services Department.

    He was active team member in establishment and operationalizing of GIC Re’s maiden wholly owned Subsidiary in Johannesburg viz. GIC Re South Africa Limited, where he was posted as Chief Operating Officer from November 2014 to October 2018.

    On his return from GIC Re South Africa Limited in 2018, he was posted as Asst. General Manager and handled International Operations, ITMG, Fire (Domestic), Engineering and Large Risk Department. In 2021, as Deputy General Manager, he was assigned Fire (Foreign Inward), Reinsurance Worldwide, Property Protection and Pools.

    Feb 2022 onwards, he has been entrusted with responsibility of GIC Re SA as MD & CEO.

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