Jasleen Kohli appointed as the new MD and CEO of Digit Insurance

On Monday, Prem Watsa-backed Digit Insurance announced that it has appointed Jasleen Kohli as the new Managing Director (MD) and Chief Executive Officer (CEO) of the company. This appointment will come into effect from April 20, 2022. Kohli will be replacing Vijay Kumar. Vijay Kumar has served as the Managing Director and the Chier Executive Officer of Digit Insurance since it was founded in the year 2017. Kohli after being appointed as the new MD and CEO of the company said, “I am delighted about this new responsibility entrusted in me by the Digit team. While it will be hard to fill Vijay’s experienced shoes, I am excited about this challenge.”

Previously, She served as chief distribution officer (CDO) at Digit. Kohli was responsible for all of the company's sales and distribution channels. At Kohli’s appointment, Vijay Kumar commented: “I have had a fulfilling inning at Digit and I’m happy to see this baby grow into a giant player in such a short span of time. I am confident Jasleen will execute Digit's ambitious growth plans with ease and take the company to greater heights in the coming years. As a passionate veteran of this industry, I will keenly keep an eye on Digit as it transforms the insurance space through its tech capabilities in the coming years.” Last year, In a fundraising round, Digit raised $200 million at a valuation of $3.5 billion.