6th Insurance Summit & Awards 2023

Knowledge Partner

Insurance is a sunrise sector in India. Its prospects are brighter than ever before.

While the Corona pandemic highlighted the inadequate insurance coverage for health, general and life coverage, the recent budget announcement to increase Foreign Direct Investment limit from 49 to 74% will provide a much needed boost to the industry. Greater availability of capital in the sector will lead to further expansion in the market and products. Recent acceleration in adoption of digital technology in acquiring, serving and retaining customers has opened new possibilities. This greater competition will benefit the consumers and augurs well for the long-term prospects of the industry.

In sunrise industries, ambitious business leaders are championing the idea of “aspire ten times higher” and leading their companies in terms of extent and speed. They are rethinking business models, distribution, and cost innovation. CEOs are spending more time with one another within and across industries; insurance CXOs are learning from the pharmaceuticals sector on analytics and distribution, and from high tech regarding distribution and agility.

Past Speakers

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Agenda

9:55 AM

Welcome by Quest Conferences

10.00 AM

Opening remarks by Special Guest - Mr. Nilesh Sathe, Member, IRDA (Retd).

Emerging trends in the insurance sector

10:10 AM

Chief Guest Address – TBA

Secretary - Department of Financial Services, Ministry of Finance, Govt. of India”

Chairman, Insurance Development & Regulatory Authority of India”

10:20 AM

Corporate Presentation/Opening Key Note

10:40 AM

CEO Panel – New growth frontiers in the insurance industry

How have the prospects for the industry changed post Covid?
What are key growth areas and emerging opportunities? Risks?
Case for composite Universal Insurance license? Monolines?
Agency model is dead. Love live agency model?
How prevalent is mis-selling in the industry? What are the underlying reasons? How are you managing this?
Recruiting, training and retaining sales force: How big are attrition and productivity challenges? How are you managing?
Consumer awareness and education: What is the industry doing?

11:40 AM

Networking Coffee Break

12.00 AM

CDO/ CMO panel – Extending reach through new distribution platforms and strategies

Strategies adopted to pursue twin objectives - reach the uninsured and serve the under insured in a cost-effective manner
New technologies &strategies deployed to serve the “segment of 1” I.e. personalization.
Developing partnerships with new age players like PayTM and Amazon as alternative channels
Future of bank assurance: can and how bank assurance with stand the online onslaught as banks discourage their clientsto visit branches?

12:50 AM

Corporate Presentation/ Key Note

1:30 PM

Networking Lunch

2:30 PM

Innovations Panel – New products, packaging, promotions and “personalized” pricing

How hasthe experience been with “sandbox” plan by IRDAI?
Identify “micro” customer segments and offering differentiated products & services Adopting risk and usage- based pricing in insurance. Adoption of Sachet approach?
Reducing “time to market” by co-creating with customers and leverage partners, digital distribution and market places to achieve sales.
Designed thinking for new products to achieve the lowest business leakage throughout the product lifecycle and improve customer retention.

03:20 PM

Corporate Presentation /Keynote

03:40 PM

Networking Break

04: 00 PM

Retaining customers, improve customer experience & reduce churn

Use of data. Apps and AI technologies to acquire new business and improve retention.
How to improve “Claim Paid ratio? Timeliness?” and seamlessly process claims.
How new technologies helping to reduce fraud and improve “turn around” times.
How are robots and IoT devices being used to improve revenue, reduce costs and manage risks.

Corporate Presentation/ Key Note

04:50 PM

Structured Networking

05:20 PM

Awards Ceremony

5.45 PM

Cocktails & Snacks

7.00 PM

End of Day

Our Partners 2023

Our Sponsors 2023

Knowledge Partner 2023

Our Past Partners 2020

Category Partner

Corporate Partner

Knowledge Provider

Our Previous Partners 2019

Category Partner

Business Development Partner

Corporate Partners

Knowledge Provider

Media partners

Our Previous Partners 2018

Associate Partners

Category partners

Corporate partners

Exhibit partners

Media partners

Our Previous Partners 2017

Award Winners 2020

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Sponsorship

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For Speaking opportunities & Media partnership

Mrs. Yogita Vaidya
yogita@questonthefrontier.com
+91 93236 42211

For Sponsorship & Exhibition opportunities & Delegate Registrations

Mr. Arvind Singh
arvind.singh@questconferences.com
+91 98117 58718

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