Biography of Deepak Bhuvneshwari Uniya: Founder & CEO of Insurance Samadhan- Entrepreneur
Journey of Deepak Bhuvneshwari Uniya:
Deepak Bhuvneshwari Uniyal is a prominent entrepreneur and
the co-founder and CEO of Insurance Samadhan. With a solid educational
background from Delhi University, where he earned a Bachelor of Commerce,
Deepak has built a career focused on enhancing customer experiences in the
insurance industry. His journey is marked by a dedication to helping
policyholders navigate the complexities of insurance claims.
The Birth of Insurance Samadhan
Founded in 2018, Insurance Samadhan is a tech-driven
platform that addresses the grievances of Indian insurance policyholders. The
company aims to empower individuals by providing support in resolving issues
related to their insurance claims, making it easier for them to receive the
benefits they deserve. This initiative reflects Deepak's commitment to
improving the insurance experience for consumers.
Deepak's Professional Journey
Before launching Insurance Samadhan, Deepak gained extensive
experience in the service industry. He spent nearly eight years running eLIFE
Portfolio Management, where he learned the importance of prioritizing customer
needs. His vision there was to create a significant shift in customer
experience, which laid the groundwork for his later endeavors in the insurance
sector.
Experience in Insurance
Deepak's deep roots in the insurance industry began with Max
New York Life Insurance, where he worked for over a decade. During his tenure,
he held various leadership roles, including Associate Partner and Partner,
where he managed teams and guided them in delivering high-quality service. This
experience provided him with valuable insights into the challenges faced by
policyholders.
The Idea Behind Insurance Samadhan
The inspiration for Insurance Samadhan came from Deepak's
realization that many customers were frustrated with the insurance claims
process. He believed that by leveraging technology, he could create a platform
that simplifies these processes and ensures that policyholders feel supported.
This vision drove him to co-found Insurance Samadhan with partners Shailesh
Kumar and Sanjay H Aggarwal.
Biography of Deepak Bhuvneshwari Uniya: Founder & CEO of Insurance Samadhan/Entrepreneur/startup/age/net worth/policyholders with insurance claims
Seeking Support on Shark Tank India
To fuel the growth of Insurance Samadhan, Deepak and his
team decided to pitch their business on Shark Tank India. They sought ₹1 crore
in exchange for 1% equity in their company, highlighting the importance of
their mission to resolve insurance complaints. The pitch was designed to
attract investors who shared their vision for transforming the insurance
experience.
A Successful Pitch
During their appearance on the show, Deepak and his partners
presented a compelling case for why Insurance Samadhan is necessary in the
current market. They emphasized the company's unique approach to addressing
grievances and supporting policyholders. The sharks were intrigued by the
business model and the potential for impact, leading to a constructive
discussion.
Securing Investment
In the end, the sharks were impressed by the team's vision
and commitment. Although they initially sought 1% equity, they ultimately
agreed to a deal of ₹1 crore for 4% equity, with Peyush Bansal being the only
investor to join the venture. This investment was a significant milestone for
Insurance Samadhan, validating their approach and providing the necessary
resources for expansion.
Growth and Expansion Plans
Following their success on Shark Tank, Insurance Samadhan
gained increased visibility and credibility. With the new funding, the company
is now poised to expand its services, reaching more policyholders across India.
Deepak's leadership and vision continue to guide the company as it seeks to
enhance its platform and better serve its clients.
A Commitment to Change
Deepak Uniyal's journey with Insurance Samadhan exemplifies
the power of innovation and customer focus in the insurance industry. His
commitment to resolving insurance grievances not only empowers policyholders
but also sets a new standard for service in the sector. As the company
continues to grow, Deepak remains dedicated to his mission of creating a more
transparent and supportive insurance experience for all.
A timeline based on Deepak Bhuvneshwari Uniyal’s journey and
Insurance Samadhan:
2018: Deepak co-founds Insurance Samadhan to assist Indian
policyholders with insurance claims.
Pre-2018: Deepak spends nearly eight years at eLIFE
Portfolio Management, focusing on customer experience.
Pre-2018: Works over a decade at Max New York Life Insurance
in various leadership roles.
2021: Deepak pitches Insurance Samadhan on Shark Tank India,
seeking ₹1 crore for 1% equity.
2021: Secures ₹1 crore for 4% equity, with Peyush Bansal as
the investor, validating their business model.
2022: Insurance Samadhan expands its services to reach more
policyholders across India.
2024: Deepak remains committed to enhancing transparency and
support in the insurance experience for consumers.
