The Financial Express Insurance Summit, 2025 is to unfold on Friday with the address of Ajay Seth, chairperson, Insurance Regulatory and Development Authority of India (IRDAI). Many from the insurance sector and beyond have been awaiting his insights and in particular his vision as the regulator at a crucial time for the sector. At one end there is a heightened focus on expanding and deepening the reach of the insurance sector with a The insurance sector is also awaiting changes in the Indian Insurance Act.
What’s the purpose of the summit?
The summit will see some of the leading and finest minds brainstorm, share insights and swap ideas at this rather unique insurance summit, organised by the Financial Express Online. It aims to look at almost every aspect of insurance. There will be sessions that look at the readiness of the insurers for a changing and rapidly evolving customer expectations, the role that insurance can play for an infrastructure-building nation, the huge premium-paying customer perspective with major insurance consumers like those from the oil, mining, engineering sectors sharing their reading on the changing landscape and where they see the puck going on risk management and risk-distribution.
Critical to the emerging developments in the insurance sector is the role played by the rapidly changing technology. Knowing your fraudster is getting to be as important as knowing your customer. In times when climate change is impacting severely with unseasonal rains, floods and landslides, the summit will conclude with a conversation devoted to gaining insights from a seasoned practitioner and an expert on what to expect and stay better prepared.
Speakers at the summit
Other than Ajay Seth, some of the speakers at the summit include Deepak Sood, member, non-life, IRDAI, Dinesh Kumar Khara, member advisory committee, IRDAI, Dinesh Pant, MD, LIC of India, economist Ajit Ranade, Anuj Tyagi, MD & CEO, HDFC ERGO, Mukund Rajan, chairperson, ECube Investment Advisors, Kasturi Sengupta, executive director, New India Assurance. There will also be insurance heads from leading insurance companies, senior officials handling insurance from leading companies like HPCL, Vedanta and Forbes Marshall.