Theme: Building Growth, Building Value

17th Insurance Summit Theme: '' Building Growth, Building Value '' 21 August 2015: Taj Mahal Palace, Colaba: Mumbai

1030 – 1130 Hrs: Inaugural Session with Chairman, IRDAI Sh. T S Vijayan

1200 – 1310 hrs: Session I: CEO’s Panel Discussion: '' Building Growth, Building Value ''

Insurance business is a unique business as it is difficult to evaluate the value the product sold will create for the company, customer, distributor, shareholder and economy as a whole. It takes careful monitoring of several juxtaposed drivers to ensure that the product sold provides a win-win solution for all parties. As the sector stands at an inflexion point with imminent changes (FDI limits increasing, Possible Public Listing of Shares, Flux of foreign players, proposed M&As etc.) it is imperative that serious thoughts are created, shared and discussed to see how the sector can add to the overall growth of the Indian Economy as well as creation of meaningful value for all stakeholders within the sector.

1400 – 1500 hrs: Session II: Distribution Transformation & Role of Technology

Distribution is one of the most important pillars of the structure of insurance and is undergoing a metamorphosis of sorts in the Indian Insurance sector. As customer preferences and buying behaviours undergo changes, combined with a universal upliftment of insurance awareness in the society, the rapidly increasing young population and boundary less permeation of global intelligence, newer ways of reaching customers have evolved which are rapidly changing the landscape of the sector especially with the increased use of technology. With traditional distribution channels of Agency and Banca reeling under high expense ratio, new models with more efficient capability of wider coverage are emerging and will well be crucial in the years to come. The session will focus on the nature of the transformation that is happening in the Distribution space and the role of technology.

1500 – 1600 hrs: Session III: Insurance Laws (Amendment) Act 2015 – Way Forward for Indian Insurance Sector

The Insurance Laws (Amendment) Act 2015 has been notified after being introduced in parliament nearly eight years ago. The Act has opened doors for numerous opportunities in the Insurance Sector including a definite gateway to increased capital inflow in the sector. This session will focus on the discussing a complete SWOT analysis of the avenues available for expansion of the sector from the perspective of all stakeholders.

1630 – 1730 hrs – Valedictory Session with Chairman PFRDA - Pensions and Retirement Solutions

This session will focus on the pensions and retirement solutions needed by the Indian population and those which are available and can be developed and offered to the general public so as to help them to build up adequate corpus for the old age. We will invite Chairman PFRDA you to share the NPS scheme available for the non-government (organized and unorganized sector) in an exclusive address at the beginning of the session. This session will also be available to discuss the Social Security schemes available under PMJDY.

17th Insurance Summit: 21 August 2015: Mumbai 1