Insurance Institute of India

The Insurance Institute of India (III) conducted a seminar on 30th June 2026 on the theme "Reimagining Insurance in a Rapidly Transforming Risk Landscape." The seminar was organised as part of the 71st Foundation Day celebrations of the Institute.

During the Welcome Address, Shri P. Jaipuria, Secretary General, Insurance Institute of India, highlighted the Institute’s commitment towards strengthening professional capabilities and fostering collaborative engagement among stakeholders.

Chief Guest Shri R. Doraiswamy, CEO & MD, LIC of India, highlighted that insurance pe*******on continues to remain a concern and underscored the need for greater inclusivity. He also drew attention to emerging risks, including health-related issues, climate-related events, and cyber and digital fraud.

Mrs. Girija Subramanian, President, III & CMD, The New India Assurance Co. Ltd., focused on the growing challenges posed by climate-related events, cyber threats, and economic volatility.

Shri Ratnakar Patnaik, Deputy Chairman, BOE, III & MD, LIC of India, highlighted the importance of improving the Sum Assured-to-GDP ratio and addressing the protection gap. He also emphasised the need for III to strengthen its ‘Train the Trainers’ initiative.

The Inaugural session was concluded with a Vote of Thanks by Shri Kedar Sant, Secretary, Insurance Institute of India, who thanked all speakers, panelists, and participants.

The seminar included two key thematic tracks. Firstly, The Fireside Chat on "Building Sustainable Growth with Customer Trust and Cost Discipline" focused on transparency, service delivery, and grievance redressal mechanisms by Shri. Rakesh Jain, CEO, IndusInd General Insurance moderated by Shri Shiv Kumar Singh, Faculty (General), College of Insurance.

The CDO Panel comprising the esteem speaker Smt. Anu Chaudhuri-Ghosh, Head Marketing and Business Administration, Star Union Dai-Ichi Life Insurance, Shri Atul Mehta, CDO-Institutional Business, Bajaj General Insurance, Shri Atul Srivastava, Chief Product and Distribution Officer, Ageas Federal Life Insurance, Shri Gaurav Saxena, Chief Distribution Officer – Bancassurance, Aditya Birla Sun Life Insurance, Shri Kamal Bharadwaj, Chief Distribution Officer – Corporate Solutions, TATA AIA Life Insurance on "Strengthening Suitability, Disclosure, Sales Governance and Customer Outcomes" addressed mis-selling concerns and emphasised stronger governance and alignment with customer needs which was moderated by Dr Ramesh Kumar Satuluri, Faculty (Research & Life), College of Insurance.

The programme concluded with a Vote of Thanks by Shri Manish Raikar, Secretary, Insurance Institute of India, who thanked all speakers, panelists, and participants.

The Insurance Institute of India (III) is delighted to celebrate its 71st Foundation Day on 30th June 2026, marking over seven decades of contribution to professional excellence, capacity building, and knowledge leadership in the insurance sector.

The commemorative event will commence with inaugural addresses by a distinguished set of industry leaders, namely

Mr. Ratnakar Patnaik, Deputy Chairman (BOE), III and Managing Director, LIC of India;
Mr. R. Doraiswamy, CEO & Managing Director, LIC of India; and
Ms. Girija Subramanian, President, III and Chairman & Managing Director, The New India Assurance Company Limited, whose presence will lend great stature to the occasion.

The programme will commence with a welcome address by Mr. P. Jaipuria, Secretary General, Insurance Institute of India (III), setting the tone for a day of insightful deliberations and forward-looking dialogue

A key highlight of the programme will be a Fireside Chat with Mr. Rakesh Jain, Managing Director & CEO, IndusInd General Insurance, offering valuable perspectives on leadership, innovation, and the evolving insurance landscape. The session will be ably moderated by Mr. Shiv Kumar Singh, Faculty (General), III.

The event will also feature an engaging and thought-provoking Chief Distribution Officers (CDO) Panel Discussion, focusing on digital transformation and the future of insurance distribution and customer engagement.

The distinguished panellists include
Mr. Arindam Ghosh, Joint President & CDO, Star Union Dai-Ichi Life Insurance;
Mr. Atul Mehta, CDO – Institutional Business, Bajaj Allianz General Insurance;
Mr. Atul Srivastava, CDO, Ageas Federal Life Insurance;
Mr. Gaurav Saxena, CDO – Bancassurance, Aditya Birla Sun Life Insurance;
Mr. Kamal Bharadwaj, CDO – Corporate Solutions, TATA AIA Life Insurance; and
The panel will be moderated by Dr. Ramesh Kumar Satuluri, Faculty (Research & Life), III, bringing together rich industry insights and academic perspectives.

On this special occasion, the Institute’s senior leadership, including Mr. Kedar Sant, Secretary, and Mr. Manish S. Raikar, Secretary, will also address the gathering.

We invite all insurance professionals, academicians, and stakeholders to be part of this landmark celebration and engage in meaningful discussions shaping the future of the industry.

Please follow below link for Registration -

https://zurl.co/WkX9S

Dear Sir/Madam,

Warm greetings from the Insurance Institute of India (III)!

It gives us a great pleasure to inform you that the Insurance Institute of India will be commemorating its 71st Foundation Day on Tuesday, 30th June 2026. Marking this significant milestone, III is hosting a seminar on the theme:

“Reimagining Insurance in a Rapidly Transforming Risk Landscape”

In today’s environment of accelerating changes, characterized by evolving risk profiles, technological disruption, regulatory developments, and rising customer expectations, this theme assumes critical importance for the future of the insurance sector. The seminar aims to bring together for a strategic dialogue with industry leadership to deliberate on strategic imperatives that will shape the next phase of growth.

The discussions will focus on key areas such as sustainable business models, strengthening customer trust, robust governance practices, digital innovation, and resilience in the face of emerging risks, all of which are central to long-term value creation for insurers.

We would be honoured by your participation in this important event. In case the subject is of relevance to any of your colleagues, please let us know so that we can extend our invitation to them.The tentative program schedule of the seminar is attached for your kind reference.

For registration, please follow below link or use the QR code to complete your registration.

https://zurl.co/9Z3rD

Thanks and Regards,

Foundation Day Seminar Team

Insurance Institute of India

Dear Sir/Madam,

Warm greetings from the Insurance Institute of India (III)!It gives us a great pleasure to inform you that the Insurance Institute of India will be commemorating its 71st Foundation Day on Tuesday, 30th June 2026. Marking this significant milestone, III is hosting a seminar on the theme:

“Reimagining Insurance in a Rapidly Transforming Risk Landscape”

In today’s environment of accelerating changes, characterized by evolving risk profiles, technological disruption, regulatory developments, and rising customer expectations, this theme assumes critical importance for the future of the insurance sector. The seminar aims to bring together for a strategic dialogue with industry leadership to deliberate on strategic imperatives that will shape the next phase of growth.

The discussions will focus on key areas such as sustainable business models, strengthening customer trust, robust governance practices, digital innovation, and resilience in the face of emerging risks, all of which are central to long-term value creation for insurers.

We would be honoured by your participation in this important event. In case the subject is of relevance to any of your colleagues, please let us know so that we can extend our invitation to them.The tentative program schedule of the seminar is attached for your kind reference.

For registration, please follow below link or Use the above QR code to complete your registration.

https://zurl.co/6jfoi

Thanks and Regards,

Foundation Day Seminar Team

Insurance Institute of India