The promotion comes as Ocean Underwriting expands its liability business through a recently launched complex risks facility and additional underwriting hires.
With over 15 years of experience in health insurance, Singla is the latest in a series of hires by the insurer after it received its licence from IRDAI in July.
The broker says more granular property-level data could help insurers distinguish between homes that share the same floodplain but face very different levels of exposure.
The enforcement actions underscore heightened scrutiny of operational controls and financial reporting at life insurers amid ongoing sccounting reforms.