A new ambitious, young Indian re/insurance industry has made a grand beginning, since 2000, in the world’s fastest growing economy., the country has 34 general insurers, 24 life insurers, branch offices of 10 global reinsurers’ and over 500 brokers and the sector has 45 foreign re/insurers.
In 2017-18, the industry had garnered almost USD 100 billion of total premium.
Today the country runs the world’s largest health insurance scheme, large agri- insurance scheme and has the largest number of insurance policies.
Yet the country has very low insurance penetration and density.
It can be said without a doubt that the insurance sector in India is all set to grow further with more engagement from private, public and foreign companies.
The overall insurance industry is expected to reach US$ 280 billion by 2022
12.00pm Registration & Networking Lunch
12.45 Welcome and introductions
12.50 Inaugural address: Alderman & Sheriff Vincent Keaveny, City of London
12.55 SPECIAL ADDRESS: Indian High Commission, London
13.00 KEYNOTE PANEL: THE INSURANCE LEADERS’ PERSPECTIVE
Alice Vaidyan, Chairman, GIC Re
Atul Sahai, Chairman & Managing Director, New India Assurance
Nighat Khan, Gen Re, UK
Senior Representative from Lloyd's
14.00 CURTAIN RAISER & LAUNCH: ASIA INSURANCE POST & CITY OF LONDON: GLOBAL INSURTECH SUMMIT 2019, MUMBAI INDIA
14.10 - 14.30 Networking break
14.30 Panel Discussion: Insurtech: Deepening the UK–India Partnership
Welcome: Julie Lake, CEO Co-Founder, FINTECH 50 (Moderator)
Alexander Milne : Head of Insurance, Capital Markets & Trade at the Department for International Trade
Raluca Boroianu-Omura, Assistant Director, Head of Conduct Regulation, The Association of British Insurers
Narayan Rawaswamy, CEO GIC Re, London
Niall Barton Co-Founder WRISK, Founding Member Insurtech UK
16.00 - 17.00 Networking Reception
Are there any requirements to register for the event? You must be an insurance/reinsurance broker/underwriter, a supplier of professional services to the industry, an Insurtech company or a journalist covering the insurance & finance markets.