London-based insurance and reinsurance market Lloyd's has appointed Shankar Garigiparthy as country manager for India. Insurance regulator Idai had last year allowed Lloyd's to set up operations in the country.

Garigiparthy will be responsible for market development, representing Lloyd's in discussions with regulators and building business relationships, a company release said. 

"I am very pleased to have the opportunity to lead Lloyd's in India and to return to my home country at such an exciting time in the growth story of both India and Lloyd's," Garigiparthy said.

Read more on The Economic Times here