An ombudsman award is binding on the insurance company, and if you are not satisfied with his award, you can approach other forums such as consumer forums and courts
15 July, 2008
Royal Sundaram Alliance Insurance Company Limited has announced the appointment of Ramkumar Krishnamachari as the Chief Financial Officer. Ramkumar comes on board with 17 years national and global experience in Finance and Accounting. Speaking on the appointment, Managing Director Ajay Bimbhet, said: As the insurance industry moves rapidly towards a challenging and exciting phase in growth, we have been looking at strengthening our leadership talent team. With his global expertise, I believe that Ram will partner to deliver sustainable shareholder value. In his earlier roles, Ramkumar was the CFO at First Indian Corporation, Reliance Capital and Morgan Stanley Advantage Services.