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Vijay C. Joshi

Director - Strategy

Mr Joshi began his career as a direct recruit officer with LIC in 1964. His career in the insurance industry spanned 57 years during which he held senior roles at United India, GIC Housing Finance and retired as General Manager at General Insurance Corporation of India. He is a pioneer in crop insurance and managed the Government of India’s Crop Insurance Scheme from 1985 to 1999 and headed this scheme for more than six years.

The Asian Productivity Council invited him as faculty for a workshop conducted for insurance and government officials in Japan in 1992.


Mr. Joshi handled ONGC’s offshore insurance from both direct and reinsurance perspectives for over 8 years and aviation insurance and reinsurance for Air India and Indian Airlines. He received formal training in oil and gas insurance with Sedgwick Offshore Resources, London. He also attended a Swiss Re course on reinsurance for senior executives.

V. Sushila

Director - Technical

Ms. V. Sushila is a BSc (Hons) Graduate and a Fellow from the Insurance Institute of India. She has more than 40 years of experience in insurance and reinsurance, starting at GIC in 1977 as a direct recruit officer. She has the distinction of being the first lady to be posted as Divisional Manager and then Senior Divisional Manager handling all classes of insurance.

Working with GIC in a leadership role in the Technical team, Sushila gained experience handling treaty, facultative, inward and outward placements when GIC became India’s sole Reinsurer. She was part of the General Insurance Council, a body set up by the IRDAI, during which she frequently engaged with all general insurance companies, trade organisations, the Ministry of Finance and the IRDAI in the development and growth of the insurance business. She retired as a Deputy General Manager at GIC.

Later Sushila worked with Tower Insurance and Reinsurance Brokers (I) Pvt Ltd as Director Operations overseeing both reinsurance and direct portfolios.

Sushila travelled extensively both locally and globally for reinsurance conferences and networking events. Her vast knowledge and experience make her a valued guest lecturer at the Insurance Institute of India and the National Insurance Academy.

Sabastian Barretto

Principal Officer & CEO

Sabastian has 30 years of experience in the insurance and reinsurance industry within India and overseas. His career began with GIC Re 10+2 insurance vocational course. He is an Associate of the Chartered Insurance Institute (ACII), London; Fellow from Insurance Institute of India (FIII) and has completed his Masters of Business Administration

During his career, he has handled UW, branch operations, business development and reinsurance. He spent 12 years in the Middle East, with Muscat Insurance Company, Solidarity Insurance and New India Assurance (UAE). After returning to India, he worked as the Reinsurance Head with Reliance General Insurance, L&T General Insurance, and with Bharti AXA General Insurance. Sabastian has also worked for RI brokers, UIB and Interlink.

He has an excellent understanding of underwriting complex risks and has developed a strong analytic skills in designing and structuring reinsurance programs, helping insurance companies obtain optimum reinsurance solutions. Moreover, he has strong technical understanding in developing IT system for insurance and reinsurance.

Nanda Shetty

Head – Reinsurance Operations and Compliance

Nanda is a BSc graduate and an Associate from the Insurance Institute of India. She has 27 years of experience in handling reinsurance broking at Tower Insurance & Reinsurance Brokers(I) Pvt Ltd, with a wealth of knowledge and experience in both treaty and facultative accounts.

Her hands on experience in the areas of analysis of renewal data, negotiations with lead reinsurers for competitive terms, placement of reinsurance programs across all classes of property, marine, energy and aviation businesses, along with her excellent understanding of contract documentation give her an edge in this business. She has also handled the retrocession programs of reinsurance companies and inward reinsurance placements.

She has attended various Reinsurance Conferences in India and abroad. Nanda is also well versed in claims management, client relationships, and regulatory compliance matters.