Tue Jan 22 IST - Thu Jan 24 IST (almost 3 years ago)
In your timezone (EST): Mon Jan 21 9:30pm - Thu Jan 24 6:30am
Taj Lands End
Bandstand Fort, BJ Road, Mount Mary, Bandra West, Mumbai, Maharashtra 400050, India
With a very hot and pertinent theme “Reinsurance: Disrupted” Asia Insurance Review, with GIC Re as co-organiser, is excited to once again provide this platform for both insurers and reinsurers as well as the intermediaries to come together to take stock of the state of the Indian insurance market and the world of reinsurance in India.
With the tech revolution, in the era of disruptive innovation, and Insurtech/FinTech, this theme is critical! It is a New World of Reinsurance, where reinsurance is hailed and blamed reinsurance is seen as leading and enabling the disruption as well as not doing enough in the tech era.
Then the reinsurance world itself is changing with ILS making greater inroads, primary insurers buying reinsurer, big getting bigger and the call for specialist focus growing as well. Cyber & Nat CAT are taking centre stage as areas that need greater attention and action.
How will India cope to change traditional systems to address new trends? Technological and structural change is one of the biggest risks affecting the global insurance industry over the next few years. How will this affect India?
Interestingly, the rate at which digital is penetrating in India is faster than ever before. The time is now for insurers to develop a future-ready strategy and continuously innovate by having a prudent look at macro-level disruptions happening in their own backyard. Changing population demographics, visionary programmes by the government eg ‘Digital India’ and the rapid penetration of disruptive technology has transformed the industry.
Leadership must work with a ‘millennial’ mind.
The Future Leadership: India’s youth demographic is a growth advantage and India is enroute to reap the massive economic benefits from this advantage. Accelerating digital technology adoption in the Indian insurance market is a must especially with newer government initiatives such as ‘Modicare’ which reinforce the need to digitise operations, from front to back. The bottom line: leadership must work with a ‘millennial’ mind.
Editor-in-Chief, Asia Insurance Review
Chairman-cum-Managing Director, GIC Re
CEO, SCOR Global P&C - Reinsurance
G Satish Raju
CEO, Swiss Re Co Ltd, India Branch, Mumbai
Director, ACE Insurance Brokers Pvt Ltd
Head of India, Markel International
Mohammed Ali Londe
Assistant Vice President - Analyst, Financial Institutions Group, Moody’s Investors Service Middle East Limited
Chief (GIFT IFSC), Gujarat International Finance Tec-City Co. Ltd. (GIFT)
Dr George E Thomas
Professor (Research and Non-Life), College of Insurance, Insurance Institute of India
CEO, XL Insurance Company SE, India Reinsurance Branch
Managing Director & CEO, Green Delta Insurance Company Limited
Head, P&C Client Markets India Branch, Swiss Re
Co-Founder, Earth Analytics India Ltd
NKV RoopKumar Nagumantry
Executive Vice President & Chief of Risk, Info & Cyber Security Management, SBI Life Insurance Company Limited
Prakash Mathew Thomas
Industry General Manager - Insurance, Asia, DXC Technology
Dr Shreeraj Deshpande
Principal Officer & CEO (Officiating), Future Generali India Insurance Company Ltd
Chairman, Risk Exchange (DIFC) Limited
Manager (Legal), Asansol Divisional Office, Life Insurance Corporation of India (LIC) & Winner of the India Insurance Industry Essay Competition 2019
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