Gurugram, September 15, 2025 — Policybazaar for Business, the corporate arm of India’s largest insurance platform, has appointed three distinguished medical professionals to its advisory board, significantly strengthening its expertise in healthcare insurance and professional indemnity coverage. The appointments of Air Marshal (Retd) Dr. Rajesh Vaidya, Dr. Arun Gupta, and Dr. Mohit Mathur bring together unparalleled clinical, regulatory, and public health expertise to guide the company’s strategic initiatives.
Addressing Critical Market Gaps
The strategic appointments underscore Policybazaar for Business’s commitment to addressing the under-penetration of Professional Indemnity (PI) insurance for doctors in India. Despite the rising number of medico-legal cases, advancement in AI-driven diagnostics, and evolving patient rights, PI coverage remains critically low among healthcare professionals. The company has been actively driving awareness and adoption of this essential protection that safeguards doctors and healthcare institutions against unforeseen legal and financial risks.
The three appointees collectively represent a 360-degree understanding of modern healthcare challenges, positioning them to guide both Professional Indemnity initiatives and Employee Health & Wellness programs, particularly in preventive care, regulatory compliance, and critical illness management.
Distinguished Leadership Profiles
Air Marshal (Retd) Dr. Rajesh Vaidya, AVSM, VSM
Air Marshal Dr. Vaidya brings extraordinary experience in large-scale healthcare delivery, having served as Director General Medical Services (Air), where he oversaw treatment for 150,000 personnel and families across more than 100 medical facilities staffed by over 900 doctors. A decorated officer and healthcare reformer, he pioneered innovative programs including “Fit for Life” and has authored 61 textbook chapters while collaborating with the World Health Organization on public health strategy.
Recognized with the Ati Vishisht Seva Medal (AVSM) presented by President Droupadi Murmu in 2025 and the Vishisht Seva Medal (VSM) in 2019, his expertise in building resilient, large-scale health systems will be instrumental in shaping Employee Health & Wellness solutions for corporates and hospitals.
Dr. Arun Gupta: Medical Ethics and Compliance Authority
As India’s most experienced adjudicator of medical negligence cases, Dr. Gupta has presided over more than 4,000 cases during his decade-long tenure as President of the Delhi Medical Council, playing a pivotal role in shaping India’s medico-legal framework. His expertise extends beyond adjudication—he has delivered over 600 lectures on medical ethics and law, influencing discourse across institutions, law firms, insurers, and international healthcare forums.
His deep understanding of healthcare law and compliance directly strengthens Policybazaar for Business’s Professional Indemnity vertical, enabling the design of comprehensive coverage that protects doctors against an increasingly complex regulatory environment.
Dr. Mohit Mathur: Critical Care Medicine Veteran
A leader in anaesthesiology and critical care medicine, Dr. Mathur has significantly advanced ICU medicine in India through both clinical practice and medical education. As former head of Critical Care at Max Super Speciality Hospitals in Gurgaon and Dwarka, he built and mentored multidisciplinary teams while developing comprehensive training programs.
Recognized with the Sushruta Award for Clinical Excellence (2021) and the GEM Award (2013), Dr. Mathur serves as a certified Fundamental Critical Care Support (FCCS) instructor. His expertise in critical illness management and emergency preparedness will directly inform Employee Health & Wellness offerings, particularly in preventive care and high-risk coverage design.
Strategic Impact and Vision
Sajja Praveen Chowdary, Head of Policybazaar for Business, emphasized the strategic significance of these appointments: “Professional Indemnity for Doctors and Employee Health & Wellness are critical verticals for us, and the addition of these three distinguished professionals provides unprecedented strength to our efforts. Their combined expertise will help us protect doctors against today’s complex medico-legal environment while developing next-generation coverage for emerging risks from AI-driven diagnostics and modern treatment protocols.”
Chowdary added: “Their guidance will also enrich our Employee Health & Wellness offerings for corporates, hospitals, and healthcare practitioners, ensuring we remain at the forefront of healthcare insurance innovation.”
Enhanced Advisory Excellence
This expansion builds upon Policybazaar for Business’s already distinguished advisory board, which includes esteemed members such as Ajit Kumar, AV Rao, and S Nagaraj. The strengthened expertise pool reflects the company’s commitment to addressing the evolving insurance needs of corporates, hospitals, and healthcare professionals in an increasingly complex medical landscape.
The appointments position Policybazaar for Business to better serve the insurance requirements of India’s healthcare sector, from individual practitioners seeking professional protection to large healthcare institutions requiring comprehensive employee wellness solutions.
Future-Ready Healthcare Insurance
With these strategic appointments, Policybazaar for Business is well-positioned to lead innovation in healthcare insurance, developing products that address both traditional risks and emerging challenges in modern medical practice. The combined expertise of the advisory board will enable the company to create more targeted, effective insurance solutions for India’s evolving healthcare ecosystem.
About Policybazaar for Business Policybazaar for Business is the corporate arm of India’s largest insurance platform, specializing in providing comprehensive insurance solutions to businesses, healthcare institutions, and professionals. The company focuses on addressing critical insurance gaps in the corporate and healthcare sectors through innovative products and expert advisory services.