Pioneering Innovative Insurance Solutions



 Panacea Associates is  founded with the declared purpose of “Pioneering Innovative Insurance  Solutions”. The momentum for this drive was a profound sense of  responsibility to facilitate progress in insurance operations, claims  management and training through sincere and intensive consulting  activities.   


Management Profile

 Sharmistha Banerjee 

Head – Operations & Technical

Sharmistha has over 25 years experience in operations of health claims.

As the CAO of Medicare TPA she managed the operations vertical for both cashless and reimbursement claims.  She developed course and module for continuous training and development  of processing, technical and medical team by sharing her in-depth  knowledge and understanding of underwriting and claim operations. She  managed approval of more than 200 cashless requests per day,  facilitating admission and discharge throughout the country by  coordinating with in-house doctors, hospitals and insurance companies  while maintaining an ever improving TAT by setting a new industry  standard.

Sharmistha has done her Masters in English from Jadavpur University and is a Fellow of Insurance Institute of India.

Please click here for professional details of Sharmistha.


Management Profile

 Somnath Guha

Head – Marketing & Networking

With over 28 years of experience in operations, Somnath has experience of insurance domain for about 15 years.

During his tenure at Medicare TPA as Manager Claims, he has been intensively involved in managing the daily operations of processing of claim – both cashless and reimbursement. Generation and critical analysis of MIS regarding claim management is an area of major interest for Somnath. 

He has been categorical in maintaining amiable relation with insurance companies and hospitals throughout the country.

Somnath is a Fellow of Insurance Institute of India.

Please click here for professional details of Somnath.