About this event
InsureTech & Innovations under IRDAI Sandbox
Insurance is a sunrise business in India. Most Indians have no coverage; those who are, are under-protected. There is a huge opportunity to take insurance to hundreds of millions of uninsured individuals and businesses. Those who have protection have many risks that are not covered or not adequately covered. There is a challenge of reaching hundreds of millions of consumers especially in the rural and semi urban areas and provide them the solutions that address their risks at premium rates they can afford. New InsureTech driven products and services over the potential to create innovative products and services that can be priced at risk aligned adordable price points.
Insurance Regulatory & Development Authority of India (IRDAI) has adopted a progressive sandbox approach to encourage the industry to experiment new innovations for a limited period. For the first batch, IRDAI has approved 33 (from 175) proposals from the industry for 6 month pilot from February 1, 2020 to July 31, 2020.These proposals provide the insuretech products and service providers’ insights into the kind of innovations the industry seeks and is likely to pursue in the near future.
Whom Will You Meet?
- Chairman, CEOs, MDs, CTOs, CMOs, CDOs, CROs of India’s leading General Insurance, Health Insurance, Life Insurance companies and Reinsurance.
- Chairman, MDs, CXOs of the top PSU companies.
- Key Functional heads (Marketing, Channels, Claims, Products, Underwriting, IT and Technology, Risk, Finance etc.) of top Insurance companies.
- Brokers, Agencies, Third Party Administrators in Insurance Industry.
- Top executives and Heads from Regulatory bodies, policymakers and Government organisations and institutions.
- Consultants.
- IT and Software companies, Advisory and Audit firms, technology firms etc.
- Brokers
What is Special in The 5th Annual Insurance India Summit 2020?
- 5th Annual PAN India dedicated Colloquium on the Insurance Industry in India encompassing the entire Insurance ecosystem.
- Power packed CEOs Round Table: Future of the Insurance Market-Top Trends and Challenges
- Exclusive panels on Current Distribution Landscape & Role of Insuretech
- Dedicated CXOs Round Table on Product Innovation-Customer Centric Design by Leveraging Technolory
- Exclusive Panel on Revolutionizing the Claim Settlement and Fraud Busting
- Understand the latest trends in Insurance Industry.
- Award ceremony acknowledging insurance fraternity Ideal place to build your network.
- Ideal place to build your network.