Empowering Potential Unlimited
INSURENEXT SUMMIT & AWARDS 2023
Date - 5th January, 2023
The insurance industry has grown from the 13th largest insurance market to the 5th largest. According to IRDAI, the Indian general insurance premium will rise to 2.52% of GDP by 2032. By 2022, global insurance premiums will have surpassed $7 trillion. The insurance technology space is buzzing with innovation. The sandboxes are expanding the possibilities for experimentation. The regulator has simplified product launches by allowing them to take place without the need for initial permissions. Companies are being kept on their toes by IRDA's policy of allocating regions to exponentially expand into underserved areas.
There are 24 life and 34 non-life insurance companies in India, and these numbers are much smaller as compared to those in many developed economies. India also has 29 TPAs, thousands of brokers, 25 lakh agents, and numerous underwriters. In India, the non-life insurance segment is still less than 1%. There is a need for the industry to strategize growth with better tools and techniques.
Banking Frontiers is launching the second edition of its Insurance Conclave and Awards titled The Banking Frontiers INSURENEXT Summit (BFINS). This summit will serve as a powerful forum for discussing the major challenges confronting the insurance industry, technology companies, and allied sectors, and for finding the desired solutions.
InsureNext Compendium
Choose Your Company Category (For Delegates)
- For Insurers
- For Insurance Broking Companies
- TPA’s
- License holders from IRDA
Non-Insurance Companies:
- For Bankers, NBFC’s, AMC’s & Non-IRDA License holders
Fintech Companies:
- Technology players
- Service providers
Theme: Empowering Potential Unlimited
Schedule | Session / Topics |
09:00 – 09:30 AM | Registration |
09:30 – 09:35 AM | Inaugural Session-Welcome Address by Babu Nair, Founder & MD, Banking Frontiers |
09.35 – 09.55 AM | Opening remarks by Sanjoy Datta, Partner & Financial Services Leader, Deloitte India |
09:55 – 10:10 AM | Knowledge Presentation by Arjun Bhaskaran, Consultant & Insurance Technology Leader on Cyber Insurance |
10:10 – 10:20 AM | Tea Break & Networking |
10.20 – 11.00 AM | Panel I: Rethinking Insurance Innovation & Insurtech |
Moderator – Babu Nair, Founder & MD, Banking Frontiers | |
Sanil Basutkar, Co-Founder, Healthysure | |
Srinidhi Shama Rao, Chief Strategy Officer, Aegon Life | |
John Mayne, Executive Director, Coverfox Group | |
Rohan Kumar, CEO & Co-Founder, Toffee Insurance | |
Poornima Subramanian, Chief Financial Officer at Reliance Nippon Life Insurance | |
Arindam Ghosh, EVP, Head of Strategy, Marketing, & Digital, Star Union Dai-ichi Life Insurance | |
Bahroze Kamdin, Partner, Deloitte India | |
11.00 – 11.20 AM | Fireside Chat on Data Monetization and Regulatory Compliance with Manoj Agrawal, Group Editor, Banking Frontiers, and Kiran Surve, CEO, CareEdge Risk Solution |
11.20 – 12.00 PM | Panel II: Claims & Technology – The Ultimate Experience |
Moderator – K V Karthik, Partner, Deloitte India | |
Kirti Patil, Joint President – IT & CTO, Kotak Life Insurance | |
Ankit Goenka, Head – Customer Experience, Bajaj Allianz General Insurance | |
Navin Sahni, SVP & Head-Operations, Bharti AXA Life Insurance | |
Anjana Rao, Chief Strategy Officer, India First Life Insurance | |
Priya Gilbile, Chief Operating Officer, ManipalCigna Health Insurance | |
RKT Krishnan, Country Head – Claims & Assessment, Royal Sundaram General Insurance | |
12.00 – 12.20 PM | Knowledge Presentation by Devashish Fuloria, Co-founder and CEO, GeoIQ on Location data and intelligence for modern insuretech |
12.20 – 01.00 PM | Panel III: Security, Risk & Insurance |
Moderator – Ravi Seshadri, General Insurance Professional & Academician | |
Sunder Krishnan, CRO, Reliance Nippon Life Insurance | |
Kiran Belsekar, CISO, Aegon Life | |
Sunder Natarajan, CRO, IndiaFirst Life Insurance | |
Jasmeet Singh, CRO, Reliance General Insurance | |
Manoj K Shrivastav, CISO, Future Generali India Insurance | |
Vijayalakshmi Natarajan, Chief Risk & Compliance Officer, Aviva Life Insurance | |
01.00 – 02.00 PM | Lunch & Networking |
02.00 – 02.20 PM | Fireside chat on Next Frontiers in Insurance Distribution with Ravi Seshadri, General Insurance Professional & Academician, Ashok Suvarna, Chief Distribution Officer at Aditya Birla Sun Life Insurance, and Amol Wanjari, Senior Vice President – Engineering, ACKO |
02:20 – 03:05 PM | Panel IV: CEOs Session – The Roadmap to 2025 |
Moderator – Manoj Agrawal, Group Editor, Banking Frontiers | |
Roopam Asthana, CEO, Liberty General Insurance | |
Monish Shah, Partner, Deloitte India | |
Sachin Seth, MD & CEO, BSE-EBIX InsureTech Venture | |
Ankit Agrawal, Co-Founder and CEO, InsuranceDekho | |
Tarun Mathur, Co-Founder, Policybazaar | |
03.05 – 03.25 PM | Special Address by Ms. Shweta Shalini, Spokesperson, BJP Guest of Honor |
03.25 – 04.00 PM | Jury Address, Felicitation & Unveiling of the winner’s compendium – InsureNext 2023 |
04.00 – 04.15 PM | Tea Break & Networking |
04.15 – 05.00 PM | InsureNext Awards Ceremony |
05.00 – 05.05 PM | Closing remarks by Manoj Agrawal, Group Editor, Banking Frontiers |
05.05 – 05.10 PM | Group photo session of the winners |
Guest of Honor
Ms. Shweta Shalini
Spokesperson, BJP
Shweta Shalini is a Politician and spokesperson of BJP & Advisor to the Former Chief Minister of Maharashtra, Shri Devendra Fadnavis. She is also the State-in-charge (Prabhari) of Maharashtra BJP North Indian Cell. She is the former Executive Director of VSTF section 8 company formed by the Government of Maharashtra and chaired by Hon. Chief Minister to work towards the transformation of 1000 backward villages into model villages. She is a woman with a wide range of skill sets which makes her an unlikely individual in Indian politics today.
She believes that information technology, youth, as well as women have the power to change the political system. She believes that country cannot prosper unless underperforming segments like women, the rural population, and youth can contribute more.