Insurance Meets Innovation: How Sachin Srivastava is Revamping the Industry

With decades of experience in both the insurance and IT sectors, Sachin Srivastava has built an impressive career by seamlessly blending technical expertise with industry insight, consistently driving change at every level.

His path took him through high-impact roles–from launching cutting-edge digital portals to streamlining enterprise-scale systems for top U.S. insurance firms like Allstate, The Hartford, and Berkshire Hathaway.

Today, Sachin is leading innovative projects aimed at digital transformation, helping global organizations keep pace with the ever-increasing demands of business modernization.

As he reflects on his childhood in a middle-class Indian family, he recalls how values like hard work, education, and community involvement shaped his character. 

The lessons instilled by his parents resonate profoundly, shaping his values and vision at present.

“Hard work and education never goes waste is what I always heard growing up.”

From an early age, Sachin took his parents’ advice to heart. He excelled academically and graduated with scholarships, creating opportunities to attend highly regarded institutions. 

He earned a degree in Electrical and Electronics Engineering and an MBA in International Business, which laid the foundation for his eventual pivot into the insurance and IT sectors.

Starting as an insurance associate at India’s largest property and casualty (P&C) insurance company and climbing up the ladder into management positions, Sachin quickly demonstrated his skill and work ethic. 

While leading a six-person team, Sachin dived deep into insurance underwriting, claims, and risk management. He discovered a world where insurance wasn’t merely about charts and processes—it was about understanding those who rely on those policies. 

He quickly grasped that at the core of this complex field were real lives and stories waiting to be understood.

His efforts didn’t go unnoticed; within three years, he was promoted to Product Manager at the company’s headquarters. This new role allowed him to work more closely with other departments, refining his product management skills and giving him a comprehensive view of the industry. 

Sachin later expanded his horizons by taking on functional and management roles with global IT firms, where he worked with C-level executives, which provided him with an entirely new perspective on leadership and strategy. 

Through projects and consulting roles, he honed his ability to drive discussions, guide teams, and make strategic decisions that would ripple across the organization.

One of the key highlights of this phase in Sachin’s career was his involvement with Berkshire Hathaway’s insurance portal, Biberk.com. His contribution to the initial planning and solutions stages, by applying his analytical skills, would later become a cornerstone of Berkshire’s digital strategy. 

Sachin’s contributions didn’t stop there. At The Hartford Insurance Group, his efforts helped the company reach a broader audience and expand its market share. 

“For The Hartford Insurance Group, I was part of their Speed to Market initiative targeted to the Small Commercial portfolio, which helped grow the market share for The Hartford’s small commercial business.”

At Allstate, he helped develop and evolve the eAgent portal, an exclusive tool for their auto insurance exclusive agents, and improved its accessibility and functionality. This made it easier for agents to access the information they needed, ensuring a smoother customer experience.

Another highlight was his work at NJM Insurance, where he helped design a digital portal for small businesses to obtain commercial insurance directly—no agents needed. For Sachin, this project embodied the future of insurance: customer-centric, straightforward, and technologically advanced. 

Through each milestone, he’s shaped a more accessible, efficient approach to insurance, always making it simpler and more valuable for those who rely on it.

Now, as an IT Product Manager at Munich Reinsurance, Sachin manages a portfolio of business-critical applications and leads digital initiatives and cloud migrations, including scaling platforms like DuckCreek and enhancing integrations with agencies and third-party administrators (TPAs). 

Sachin believes that effective insurance solutions protect more than just financial assets—they safeguard people, businesses, and livelihoods. His current focus involves projects that position the company to respond dynamically to market demands. 

For Sachin, combining insurance and IT isn’t merely about efficiency; it’s about creating lasting value that supports both companies and their clients. 

His work at Munich Reinsurance continues to showcase his commitment to transforming the industry for a modern audience, and he often emphasizes the need to keep pushing boundaries within the P&C insurance landscape.

Beyond his immediate work, Sachin has aspirations to launch his own venture, hoping to drive even more meaningful change in the industry. 

He explains his motivation: “By working in the insurance industry, I am able to make a difference.” This commitment to impact encourages him to consider the broader implications of his work.

He elaborates further, noting, 

“We always ensure and compensate against damages and liabilities for organizations and individuals. I feel this keeps me on track to give back something to society.” 

With a clear vision for his future, he adds, 

“I would like to continue doing that, and in a few years from now, I want to grow these efforts by potentially starting a venture of my own that could help the insurance industry and eventually benefit customers as a whole.”

Sachin is a firm believer in lifelong learning. He sees each project, team interaction, and challenge as an opportunity to learn. “For me, each day offers potential for new learning,” he says, motivating him to continue innovating and improving in his role.

He admires those who have contributed to society, whether through quiet acts of kindness or large-scale innovations, and draws motivation from their examples. 

To him, personal and professional growth means striving for excellence in every endeavor and doing so with integrity.

Sachin’s commitment to quality and community involvement is inherited from his upbringing. He remains deeply motivated to give back through his work, mentorship, or community initiatives. 

In an industry often rooted in tradition, Sachin sees potential for transformation. His story reminds us that when expertise meets purpose, even the most established sectors can evolve. 

He continues innovating with the conviction that there is always more to learn, improve, and countless ways to make a lasting impact.

Sachin’s work has consistently gone beyond operational improvements—each role and project has been a step toward reshaping insurance as a field that truly serves and protects people.