Madras Management Association

Transcription

1 HINDUSTAN CHAMBER OF COMMERCE & Madras Management Association Present a Seminar on LIABILITY INSURANCE Defending Your Board & the Professional in You on 16 th March at 9.30 a.m. at The Raintree Hotel Anna Salai, Nandanam, Chennai Sponsored by RAHEJA QBE GENERAL INSURANCE COMPANY LIMITED

2 Overview Companies Act 1956 will undergo radical changes once the New Companies Bill is introduced in this Budget Session and passed by the Parliament. Independent Directors and Professionals would be finding it more burdensome as their responsibility is of prime importance. With Class Action Suit being allowed under the new Bill, it will open up Pandora s box for various Boards. Independent Directors are now seeking Director s & Officers Liability Policy as a pre-requisite before being inducted on Board. Under Clause 49 of Listing Agreement also, the D O Policy would be of maximum help to the Company, Directors and Professionals. Similarly Doctors, Professionals, BPOs, Software Companies etc are facing stream of queries and requirements from their clients in form of Liability Protection. Globalisation normally leads to increased transparency and compliance. To create awarness, Hindustan Chamber of Commerce and Madras Management Association deemed it necessary to create an opportunity for their esteemed Members to know more in depth for which a Seminar is being held on 16th March for half a day with interaction and followed by Lunch. Speakers are from Insurance Companies with experience in liability products. Those interested can join / nominate by filling the Registration form and send the Payment of Rs. 750 for Non-Members and Rs. 500 for HCC/MMA Members by cheque favouring HINDUSTAN CHAMBER OF COMMERCE and maybe sent to the bellow address. HINDUSTAN CHAMBER OF COMMERCE Greams Dugar Southwing 5th Floor, 149 Greams Road, Chennai Ph / office@hindustanchamber.in

3 9.00 a.m a.m. Registration Agenda 9.30 a.m. Welcome Mr. B. Raghavan, President, Hindustan Chamber of Commerce 9.35 a.m. Raheja QBE - Introduction Mr. Praveen Gupta, CEO, Raheja Qbe General Insurance Company Limited I session 9.45 a.m a.m. Director s & Officers Liability Insurance Mr. P Umesh II session a.m a.m. Tea Break a.m p.m. Professional Indemnity Insurance Mr. Kiran Kumar III session p.m p.m. Commercial General Liability Insurance Mr. Kiran Kumar p.m p.m. Sum up 1.30 p.m. Vote of Thanks Gr. Capt. Vijayakumar, Secretary, Madras Management Association Lunch

4 About Hindustan Chamber of Commerce Established in 1945, Hindustan Chamber of Commerce is one of the oldest and largest apex business organizations in Chennai. It is affiliated to FICCI and has the objective of improving and elevating the knowledge of persons engaging in or about to engage in industry, business trade and commerce. HCC s motto is Progress through Enterprise Chamber s Publication Hindustan Chamber Review a widely read monthly journal for its in-depth research and policy prescriptions publishes information on the micro and macro aspects of Trade & Industry. Seminars, Conferences and Workshops Hindustan Chamber of Commerce organizes numerous meaningful programmes regularly, facilitating both enrichment of business knowledge, development of trade and industry. The in-house expertise of Hindustan Chamber of Commerce on various aspects of business is made available to Indian companies. Activities and services of the Chamber have been acclaimed widely by the business community and recognized by the gracious visit of number of dignitaries such as: Dr. S. Radhakrishnan, Shri Lal Bahadur Shastri, Dr. V.V. Giri, Smt. Indira Gandhi, Shri R. Venkataraman, Shri Morarji Desai Shri. C. N. Anna Durai, Shri S.S. Barnala, Dr. Raja J. Chelliah. andshri. Dayanidhi Maran Hindustan Chamber of Commerce has now initiated a new certificate program called Certificate of Management of Enterprises (COME) to commence from 11th December 2010 continuously during week ends for a period of 3 months. On completion of the course, certificate will be issued by Hindustan Chamber of Commerce which is recognized by Industries. Courses are being supported by organizations which have a good track record and pool of resources personnel drawn from the academic field and Industry.

5 About MMA Madras Management Association (MMA) was established in 1956 with the prime objective of promoting management education, training and development activities in this part of the country. The vision of MMA is To be the Fountainhead of Worldclass Management Excellence in India. Over the past 5 decades, MMA has striven for development and nurturing management expertise, combining Indian ethos with International Management thoughts and practices. The Madras Management Association is the largest affiliate association of the All India Management Association in the country. MMA has been judged the best Local Management Association continuously for a period of five years in recognition of its excellent all round activities in propagating the message of professional management in all facets of business, commercial and industrial activities. The Association was also awarded the National Excellence Award for Apart from corporate leaders, MMA has, in its Managing Committee, the Vice Chancellors of Madras University & Anna University, the Directors of IIT Madras and IFMR and the Chief Secretary, Government of Tamilnadu, as members.

6 RAHEJA QBE GENERAL INSURANCE COMPANY LIMITED About Raheja Qbe Raheja QBE General Insurance Company Limited, a joint venture general insurance company promoted by Prism Cement Limited, India and QBE Holdings (AAP) Pty Limited, a wholly-owned subsidiary of QBE Insurance Group Limited, Australia is registered as a General Insurer under Section 3 of the Insurance Act, 1938 with the Insurance Regulatory and Development Authority (IRDA). The Certificate of Registration (Forms IRDA/R3) has been issued by IRDA on 11th December The Rajan Raheja Group, one of India s most dynamic and diversified business groups brings QBE back to India, as Raheja QBE General Insurance Company Limited (RQBE) Raheja QBE will inherit the Rajan Raheja Group s success and experiences across various business sectors in India with QBE s global expertise in insurance to clients here in India. Why Choose Raheja Qbe? As an organization, we believe that we are uniquely poised to help our clients through these tough times. What sets us apart is our conservative approach to balance sheet management and one simple philosophy make business decisions that reduce the volatility of our results and offer our customers superior stability. At RQBE, we draw on: QBE Pedigree Board run company Capitalized at Rs. 200 crores. Our Range of Products Combined General Liability Professional Indemnity (ICT) Directors & Officers Liability Professional Indemnity - Miscellaneous Public Liability Product Liability Professional Indemnity (Medical Malpractices) Directors & Officers Liability - Excess Policy Multimedia Professional Indemnity Commercial Crime Project Professional Indemnity Medical Complications Clinical Trials Workmen s Compensation Public Liability (Act) Transport Operators Liability Port Operators Liability Engineering Property Marine General Accident Motor