EP 24: Empowering Choices: Building Financial Independence

for Women

4 September 2024

Insurance for the New Possible was joined by Hena Mehta, a Co-Founder and CEO at Basis and Isabella Carvalho, the Digital Head, Overseas General Insurance at Chubb.

Some of the insights they shared included:

  • Hena’s career path is a vivid tapestry of bold moves and strategic transitions. This adaptability is crucial in today’s fast-paced global economy, where professionals often need to reinvent themselves and their careers multiple times.
  • Hena’s decision to return to India from the U.S. to participate in its burgeoning startup scene underscores how FOMO can drive substantial life choices. This kind of motivation can be a powerful catalyst for career development, especially when aligned with one’s personal and professional growth goals.
  • How Basis emphasizes the importance of targeted financial services that address the specific needs and contexts of women, acknowledging that generic solutions do not fully meet everyone’s needs.
  • The establishment of female-focused communities is a testament to the power of spaces where women can share experiences, challenges, and advice. An emphasis on community highlights how peer support and targeted environments can significantly boost confidence and competence in financial matters.
  • The critical need for financial products designed with women’s specific life patterns and goals in mind. From investment products that accommodate periods of potential lower earnings to insurance products that take into account the longevity and health cost differentials of women, gender-sensitive design can lead to more effective and equitable financial services.
  • Hena’s career path is a vivid tapestry of bold moves and strategic transitions. This adaptability is crucial in today’s fast-paced global economy, where professionals often need to reinvent themselves and their careers multiple times.
  • Hena’s decision to return to India from the U.S. to participate in its burgeoning startup scene underscores how FOMO can drive substantial life choices. This kind of motivation can be a powerful catalyst for career development, especially when aligned with one’s personal and professional growth goals.
  • How Basis emphasizes the importance of targeted financial services that address the specific needs and contexts of women, acknowledging that generic solutions do not fully meet everyone’s needs.
  • The establishment of female-focused communities is a testament to the power of spaces where women can share experiences, challenges, and advice. An emphasis on community highlights how peer support and targeted environments can significantly boost confidence and competence in financial matters.
  • The critical need for financial products designed with women’s specific life patterns and goals in mind. From investment products that accommodate periods of potential lower earnings to insurance products that take into account the longevity and health cost differentials of women, gender-sensitive design can lead to more effective and equitable financial services.

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Hena Mehta

Hena Mehta

Co-founder & CEO at Basis

Hena Mehta is the Co-founder of Basis, a leading platform dedicated to enhancing financial literacy among Indian women, with a thriving community of over 150,000 members. She began her career as a software engineer at Goldman Sachs in New York, developing technology solutions for the equities division. She later transitioned into a product management role, spearheading cross-functional launches for Goldman Sachs’ businesses in emerging markets such as Brazil and Mexico. Hena also played a pivotal role as an early employee and Product Manager at Ezetap in Bangalore, where she developed a range of hardware and software products in the payments sector.
Isabella Carvalho

Isabella Carvalho

Digital Head, Overseas General Insurance at Chubb

Ms. Carvalho is a highly experienced consultant in business strategy and technology having worked in large companies, as well as a startup in various continents. Prior to joining Chubb in 2022, she was Director of Group Strategy and Corporate Development at AIA in Hong Kong SAR.

More about Chubb Partners :

Chubb’s partners include leaders in retail, e-commerce, banking, fintech, airline, telecommunications and other industries. We co-create and design digital insurance solutions for their customers – individuals and businesses of all sizes.