India, June 2026 — Ageas Federal Life Insurance (AFLI) has elevated Sunil Bhat to the role of National Head – Broking, where he will spearhead the company’s broking strategy, strengthen broker partnerships, and drive growth across the channel.
With over 31 years of professional experience, including more than 21 years in the insurance industry, Sunil Bhat brings deep expertise in broking, bancassurance, sales leadership, distribution management, and strategic partner engagement. He has been instrumental in strengthening AFLI’s distribution ecosystem, driving business growth, and building enduring partner relationships across key channels.
Over the course of his career, Sunil Bhat has established a strong track record in expanding distribution networks, leading high-performing teams, and delivering sustainable business growth. His professional journey spans leading insurance organizations including ICICI Prudential Life Insurance, Aditya Birla Sun Life Insurance, and SBI Life Insurance, where he has contributed significantly to channel development and business expansion.
In his new role, Sunil Bhat will focus on expanding AFLI’s broking footprint, deepening engagement with broker partners, and accelerating profitable growth through the channel, further strengthening the company’s distribution reach and market presence.
About Ageas Federal Life Insurance
Ageas Federal Life Insurance, one of India’s leading private life insurers, offers a diverse range of wealth management, protection, and retirement solutions to individual and corporate customers. Ageas Federal Life Insurance Co Ltd is a joint venture of Ageas, a multinational insurance giant based out of Europe, and Federal Bank, one of India’s leading private sector banks.
Having commenced operations in 2008, Ageas Federal Life Insurance achieved breakeven within five years. Through a nationwide network of 3,770+ branches including partner bank branches and a sizeable advisor network, the company has established a strong presence across the country. As of March 31, 2025, it has issued over 19.71 lakh policies with a sum assured of over ₹27,558 crores and total assets under management exceeding ₹18,956 crore.
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