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Wednesday, 24 th January, 2018 - at Taj Krishna Hotel, Hyderabad BROKERS MAXIMIZING VALUE FOR POLICYHOLDERS 14 TH BROKERS SUMMIT Inauguration & Keynote Address by: Mr. T. S. VIJAYAN Chairman, Insurance Regulatory & Development Authority of India Educative Panel Sessions by: CMDs / Sr. Executives of Insurance Companies / Leaders of the Insurance Industry Presidential Address By: Mr. SANJAY KEDIA President Insurance Brokers Association of India

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Page 1: TH BROKERS SUMMIT BROKERS MAXIMIZING VALUE FOR ... - …ibai.org › wp-content › uploads › 2018 › 01 › IBAI-14th-Brokers-Summi… · Insurance Companies, ... further education,

Wednesday, 24th January, 2018 - at Taj Krishna Hotel, Hyderabad

BROKERSMAXIMIZING VALUEFOR POLICYHOLDERS

14TH

BROKERSSUMMIT

Inauguration & Keynote Address by:Mr. T. S. VIJAYAN

Chairman, Insurance Regulatory &Development Authority of India

Educative Panel Sessions by:CMDs / Sr. Executives of

Insurance Companies / Leadersof the Insurance Industry

Presidential Address By:Mr. SANJAY KEDIA

PresidentInsurance Brokers Association of India

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Insurance Brokers Association of India (IBAI) is organizing its 14th Brokers Summit with theme “Insurance Brokers – Maximizing Value for Policyholders” at Taj Krishna Hotel, Hyderabad on Wednesday, 24 January, 2018.

The Summit shall be inaugurated by Mr. T. S. Vijayan, Chairman IRDAI. CMDs of various Insurance Companies both Life and Non-Life and CEOs of several Private Insurance Companies are expected to participate in the Summit. It is expected that about 400 delegates from Broker Member Organizations, Insurance Companies, Customers and other stakeholders from the Insurance Industry would be participating in the Summit. Financial security against unforeseen events and creation of value for the policyholder is the core objective of the insurance business. The major focus of our summit will be to discuss how the perceived role of brokers can change from offering traditional services to being perceived as trusted advisors on policyholder’s Risk management and insurance needs thereby maximizing value for policyholders.

The Insurance Brokers Association of India (IBAI) as the apex body of all insurance and reinsurance brokers in India, is committed to facilitate this by understanding the evolving needs of customers and the role of brokers in meeting these needs. Towards this, IBAI is working with various stakeholders, including customers, broker members, insurers, reinsurers, other industry players and the regulator to promote highest standards of professionalism among broker members and facilitate development of insurance industry.

Further, the summit provides an opportunity for various stakeholders to come together and discuss opportunities and challenges facing the industry. The agenda for the 14th Broker Summit has been framed keeping in mind the role of brokers in maximizing value for policyholders.

SUMMIT BACKGROUND

Insurance Brokers Association of India (IBAI) is the only apex body of licensed Insurance Brokers Recognized by Insurance Regulatory and Development Authority of India (IRDAI). As per Insurance Brokers Regulations 2013, all licensed brokers are required to be members of IBAI.

IBAI’s vision: To make broking a preferred channel for customers by promoting highest standards of professionalism among members.

IBAI’s main objectives are to promote interaction among the Broker Members and encourage, promote, facilitate and protect the interests of the members of IBAI and provide an avenue to the members for further education, and training in all fields of insurance & reinsurance and represent the interests of Brokers with other organizations.

IBAI is a member of Indian Merchants Chambers, Mumbai, Bombay Chamber of Commerce and Industry, Mumbai, Confederation of Indian Industry and Federation of Indian Chambers of Commerce and Industry.

Direct Insurance Brokers, Composite Insurance Brokers and Reinsurance Brokers (totaling to 402 licensed insurance brokers as on date) are members of IBAI. Only those insurance brokers who are licensed by the IRDAI are considered for admission into the membership of IBAI.

ABOUT IBAI

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continued..

AGENDA

14th Annual Insurance Brokers' Summit, 24th January, 2018, Taj Krishna, HyderabadTheme: “Insurance Brokers - Advancing The Policyholders’ Interests”

Registration, Networkingand Breakfast

Prarthana / Prayers /Lighting of Lamp

Welcome Address

Presidential address

Key Note Address

Shri Vijay Rampal, Secretary, IBAI 9:25 am

9:05 am

8:00 am 9:00 am

9:25 am

9:35 am

Shri Sanjay Kedia, President, IBAI 9:35 am 9:55 am

Shri T.S. Vijayan, Chairman, IRDAI

Shri T.S. Vijayan, Chairman, IRDAI, Other IRDAI officials and IBAI Office Bearers

9:55 am 10:30 am

10.30 am 11:50 am

12.05 pm 1:15 pm

1:15 pm 1:30 pm

2:30 pm 3:35 pm

Panel Discussion 1: Brokers collaborating with Insurers to maximize value for Policyholders

Panel Discussion 2: Innovation in Policy Wordings, Claims, Technology, Distribution etc.

Panel Discussion 3: Expanding Role of Insurance Brokers as Trusted Advisors

Release of Findings from Broker Friendly Insurer Survey (Award to leading broker friendly insurer)

Panel Chair: Shri P J Joseph, Member - Non Life, IRDAI Shri G Srinivasan, Chairman-cum-Managing Director, The New India Assurance Co. Ltd.Shri M N Sarma, Chairman-cum-Managing Director, United India Insurance Co. Ltd.Shri K Sanath Kumar, Chairman-cum-Managing Director, National Insurance Co. Ltd.Shri Sandeep Bakhshi, Managing Director & CEO, ICICI Prudential Life Insurance Co. Ltd.Shri Warendra Sinha, Managing Director & CEO, IFFCO Tokio General Insurance Co. Ltd.Shri Praveen Gupta, Managing Director & CEO, Raheja QBE General Insurance Co. Ltd.Shri Sanjay Kedia, President, IBAI

Shri. Birendra Mohanty, Business Head - SME & Broking, ICICI Lombard Gen. Ins. Co. Ltd. Shri. Casparus J H Kromhout, MD & CEO, Shriram Life Insurance Co. Ltd.Shri Trevor Bull, MD & CEO, Aviva Life Insurance Co. Ltd.Shri. Mahesh, Sr. Vice President, Future Generali Life Insurance Co. Ltd.Shri. Dr. Bhabatosh Mishra, COO, Apollo Munich Health Insurance Co. Ltd.Shri. Sushant Sarin, EVP, Commercial Lines & Reinsurance, Tata AIG General Insurance Co. Ltd.Shri Vikram Chatwal, Managing Director, Medi Assist Insurance TPA Pvt. Ltd.Shri B. Shivaprakash, President, Indian Institute of Insurance Surveyors & Loss Assessors*Moderator: Shri Pavanjit Dhingra, Director, Prudent Insurance Brokers Pvt. Ltd.

Smt. M Rajyalakshmi Rao, Member, Insurance Advisory CommitteeRepresentative from General Insurance Corporation of India*Representative from Oriental Insurance Co. Ltd.*Smt. Nishi Bose, Sr. Vice President, HDFC Ergo General Insurance Co. Ltd.Representative from Reliance General Insurance Co. Ltd.*Shri M. Ramadoss, Shriram General Insurance Co. Ltd.Representative from Bajaj Allianz General Insurance Co. Ltd.*Shri Atul Boda, Group Chairman, J B Boda Insurance Brokers Pvt. Ltd.Moderator: Shri Arvind Khaitan, MD, Salasar Services (Insurance Brokers) Pvt. Ltd.

Lunch 1:30 pm 2:30 pm

StartTime

EndTimeTopic Speakers

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INSURANCE BROKERS ASSOCIATION OF INDIAA–Z Industrial Premises, 1st Floor, Unit no. 165, G.K. Marg. Lower Parel, Mumbai – 400 013 | Tel. No.: 022 - 22846544

Hotel Information:TAJ KRISHNA HOTEL, HYDERABAD

PREMIUM SPONSORS:

CO-SPONSORS:

MediBuddy

MEMBER SPONSORS:

ICICI PRUDENTIALLIFE INS. CO. LTD.

GOLD SPONSORS:

Interactive Session: Regulatory Framework for Strengthening the Insurance Broking Channel

Shri Randip Singh Jagpal, Chief General Manager - Intermediaries, IRDAIShri S K Jain, Vice President, IBAIShri Akhilesh Jain, Owner, Trinity Re-insurance Brokers Ltd.Shri Narendra Bharindwal, Principal Officer, RMS ARC Insurance Brokers Pvt. Ltd.Shri S. Sundaraman, Managing Director, Suprasesh General Insurance Services & Brokers Pvt. Ltd.Moderator: Shri V. Ramakrishna, Managing Director, India Insure Insurance Broking & Risk Management Services Pvt. Ltd.

3:35 pm 4:40 pm

4:40 pm 5:00 pm

5:00 pm Onwards

Vote Of Thanks

High Tea & Networking