Overview

The insurance sector in India is looking at major transformation aiming for 100% coverage as the country approaches its centenary of independence in 2047. After the UPI explosion, we are looking at a wave of digital transformation sweeping the insurance industry. It's poised for the next step now, working towards bringing millions under its umbrella.

The FE Insurance Summit 2024 seeks to address the challenges and opportunities facing the industry, aligning with the theme The Future Readiness Dialogue. The Insurance Regulatory and Development Authority of India (IRDAI) has committed to enable ‘Insurance for All’ by 2047, where every citizen has an appropriate life, health and property insurance cover and every enterprise is supported by appropriate insurance solutions, and also to make the Indian insurance sector globally attractive.

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The FE Insurance Summit 2024 with the theme The Future Readiness Dialogue aims to bring together thought leaders, industry experts, and key stakeholders to explore emerging trends, share insights, and discuss strategies for navigating the future of insurance. The summit will concentrate on highlighting the vision of the Leadership from the Insurance Industry to meet this goal, their challenges and transformations.

Event Pictures

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Speakers

Anand Singhi

Chief - Retail and Government Business
ICICI Lombard General Insurance Company Limited

Anisha Udeshi

Director
Global Insurance & Risk
Cipla

Ashish Shah

Advisor Cybersecurity
Star Union Dai-ichi Life Insurance company

Avinash Naik

Chief Information Officer – IT
Bajaj Allianz General Insurance

Dr Deepa Sharma

Founder Director
Inclusive IndiaHR Consultants Pvt. Ltd.

Deepak Kumar Singhal

Managing Director & P.O
Hindustan Insurance Brokers Ltd.

Dhiren Salian

CFO
ICICI Prudential Life Insurance Company Limited

Francis Rodrigues

Managing Partner and Principal Officer - M/s
New Age Secure Insurance Marketing LLP

Janaki Arvind Iyer

Chief Risk Officer
Turtlemint

Jay Shah

Senior Vice President
Marsh Mclennan

Jitendra Attra

CFO
SBI General Insurance

Neela Patel

Lead
Corporate Insurance- Tata Power

Nitin Nair

Group Head
Insurance / RPG Enterprises

Prasanna Kumar C

Sr. Executive Vice President
Head of Financial Services & Professions Group
Aon India Insurance Brokers Pvt Ltd.

Prashant Bhosale

Head
Corporate Direct Tax and Insurance
Thermax Ltd.

Ravi Vishwanath

CEO
Narayana One Health and Director
Narayana Health Insurance

Rohin Vig

CFO
ACKO

Saba Adil

Chief Human Resources Officer
Edelweiss Life Insurance

Sangay Tenzin

Assistant Vice President
Head Risk Control Unit
Future Generali India Life Insurance

Shirish Jagnani

Head - Valuation
Bharti AXA Life Insurance

Sriram Naganathan

President & Chief Technology Officer
HDFC ERGO

Sumanta Ghosh

Chief Technology Officer
Bandhan Life

Vinayak Jayaram

Executive Vice President & Head HR
Kotak Mahindra General Insurance Company

Vishal Gupta

CEO
PhonePe Insurance

Viswanathan M B

Visiting Faculty at National Insurance Academy

Key Themes

  • TECHNOLOGICAL DISRUPTIONS & ADVANCEMENTS

  • REGULATORY AND COMPLIANCE EVOLUTION & CHALLENGES

  • CUSTOMER-CENTRIC INSURANCE MODELS

  • INCLUSIVITY AND ACCESSIBILITY

  • RISK MANAGEMENT AND RESILIENCE

  • SUSTAINABILITY AND ETHICAL PRACTICES

Target Audience

  • Insurance Leaders, CEO, CIO, CTO, COO

  • Technology providers and innovators

  • Regulatory bodies and policymakers

  • Industry analysts and consultants

  • Academic researchers and thought leaders

Agenda

10:00 am - 10:05 am

Welcome Address

Welcome to the Summit

  • Sanjay Sindhwani, CEO, IE Digital
10:05 am - 10:30 am

Opening Speech and Q&A

Vision 2047: Steering the Future of Indian Insurance

  • Debasish Panda, Chairman, IRDAI
  • Sanjay Sindhwani, CEO, IE Digital
10:30 am - 10:45 am

Standalone

Future of Insurance: Digital Transformation to Digital Disruption

  • Anand Singhi, Chief Retail and Government, ICICI Lombard General Insurance Company Ltd
10:45 am - 11:15 am

Panel Discussion

Breaking the Mold: Redefining the Strategic Roadmap in a Post-Policy Change Era

  • Vishal Gupta, CEO, PhonePe Insurance Broking Services Pvt Ltd
  • Ravi Vishwanath, CEO, Narayana One Health/ Director, Narayana Health Insurance
  • Moderator - Roshun Povaiah, Editor, Financial Express- Digital
11:15 am - 12:00 pm

Panel Discussion

End-user perspective: Advancing awareness & addressing ambiguities

  • Neela Patel, Lead, Corporate Insurance- Tata Power
  • Francis Rodrigues, Managing Partner and Principal Officer - M/s New Age Secure Insurance Marketing LLP
  • Prashant Bhosale, Head, Corporate Direct Tax and Insurance, Thermax Ltd
  • Nitin Nair, Group Head – Insurance / RPG Enterprises
  • Anisha Udeshi, Director, Global Insurance & Risk, Cipla
  • Moderator - E Kumar Sharma, Deputy Editor, Financial Express Digital
12:00 pm - 12:20 pm

Standalone

Insurance & livestock- learning from the field

  • Deepak Kumar Singhal, Managing Director & P.O, Hindustan Insurance Brokers Ltd.
12:20 pm - 01:05 pm

Panel Discussion

Insurtech & Beyond: Tech Innovations in Insurance

  • Sumanta Ghosh, CTO, Bandhan Life Insurance
  • Sriram Naganathan, President & Chief Technology Officer, HDFC ERGO General Insurance Company Limited
  • Ashish Shah, CISO & Sr. Vice President, Star Union Dai-ichi Life Insurance
  • Avinash Naik, President & Chief Information Officer, Bajaj Allianz General Insurance Company
  • Moderator - Sumana Sarkar, Bureau Chief, Financial Express- Digital
01:05 pm - 02:05 pm

Networking Lunch Break

02:05 pm - 02:50 pm

Panel Discussion

Financial Foresight: Managing Economic Challenges in Insurance

  • Jitendra Attra, CFO, SBI General Insurance Company Limited
  • Prasanna Kumar C, Sr. Executive Vice President and Head of Financial Services & Professions Group, Aon India Insurance Brokers Pvt Ltd.
  • Dhiren Salian, CFO, ICICI Prudential Life Insurance Company Limited
  • Rohin Vig, CFO, ACKO
  • Viswanathan M B, Visiting Faculty, National Insurance Academy
  • Moderator - Roshun Povaiah, Editor, Financial Express- Digital
02:50 pm - 03:35 pm

Panel Discussion

Inclusive Insurance: Broadening Horizons in Accessibility

  • Saba Adil, CHRO, Edelweiss Life Insurance Company Limited
  • Vinayak Jayaram, Executive Vice President & Head HR, Kotak Mahindra General Insurance Company Limited
  • Dr Deepa Sharma, Founder Director Inclusive IndiaHR Consultants Pvt. Ltd.
  • Moderator - E Kumar Sharma, Deputy Editor, Financial Express- Digital
03:45 pm - 04:30 pm

Panel Discussion

Stress Testing Insurance: Fraud mitigation, risk management, investment strategy

  • Shirish Jagnani, Head - Valuation, Bharti AXA Life Insurance Company Limited
  • Janaki Arvind Iyer, Chief Risk Officer, Turtlemint
  • Jay Shah, Senior Vice President, Marsh Mclennan
  • Sangay Tenzin, Assistant Vice President, Head Risk Control Unit, Future Generali India Life Insurance
  • Moderator - Lavanya Iyengar, Vertical Lead- BFSI, Financial Express- Digital
04:30 pm - 04:45 pm

Closing Remarks

Summit Reflections

  • FE Digital

*speakers are tentative and subject to availability

Key Objectives

Explore
Emerging
Trends and
Strategize
for 2047

Examine the impact of technological innovations such as AI, blockchain, and IoT
on the insurance sector and develop actionable strategies

Understand
Regulatory
Changes and
Ensure
Compliance

Address how new regulations
are shaping the industry and
the implications for insurers

Enhance
Customer
Experience
and Showcase
Best Practices

Discuss strategies to meet the evolving needs of customers
and improve service delivery
and highlight successful case studies

Foster
Collaboration
and Promote
Innovation

Create opportunities for networking and collaboration among industry professionals and showcase cutting-edge solutions

SHOWCASE
BEST
PRACTICES

Highlight successful case
studies and innovative
solutions in the insurance
domain

PROMOTE
INNOVATION

Showcase cutting-edge
technologies and innovative
solutions that can drive the
insurance sector forward

CELEBRATE
EXCELLENCE

Recognize and award
outstanding achievements and
contributions in the insurance
industry

STRATEGIZE
FOR 2047

Develop actionable strategies to
ensure the insurance sector is
prepared for the future, with a
focus on inclusivity and resilience

For any urgent matters or issues requiring immediate escalation, please write to rohit.singh@financialexpress.com

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