Economic times in collaboration with Times Grey Cell is organizing the ‘Insurance Summit 2011’ on July 22 in Mumbai, which aims to discuss strategies and best practices that can be adopted by the industry for higher growth.
This summit will bring together some of the best names in the insurance industry, and provide a platform that will allow them to put forward various challenges and opportunities in the insurance domain.
The interactive session will be addressed by J Hari Narayan, Chairman, of the Insurance Regulatory and Development Authority (IRDA), and D.K. Mehrotra, Managing Director, of Life Insurance Corporation of India (LIC).
The main focus of this summit will be to create awareness about life insurance policies as a long-term financial instrument among policyholders and investors, as well as to establish a sustainable distribution model for increasing insurance penetration.
As the session progresses, they will also discuss emerging markets for health insurance and healthcare in India. With less than 15% of the Indian population covered under a health insurance policy, this discussion will revolve around the challenges and opportunities in the health insurance and non-life insurance sector.
The final session will include an insight into pension products and how they can improve prospects for the life insurance industry.