Conference. 59 th Annual Conference & 115 th Council Meeting

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1 T Conference 59 th Annual Conference & 115 th Council Meeting The 59th Annual Conference & 115th Council Meeting of Insurance Institute of India was held on 23rd & 24th August, 2014 under the auspices of Mysore Insurance Institute. Inaugural Session The conference was inaugurated by Prof. K.S. Rangappa, Vice-Chancellor, University of Mysore. Mr. A.K. Roy, President, Insurance Institute of India and Chairman & Managing Director, GIC Re presided over the Conference. Mr. G.Srinivasan, Dy.President, Insurance Institute of India and Chairman & Managing Director, The New India Assurance Co.Ltd., was also present at the inaugural session. The Chairman of Mysore Insurance Institute, Shri P Shridhar extended a warm welcome to all the dignitaries. The Chief Guest, Prof. K.S. Rangappa released a commemorative souvenir to mark the occasion. Around 250 participants from the corporate sectors attended the Conference. Inaugural Session Release Of Souvenir Prize winners Inaugural Address Prof. K.S.Rangappa, Vice-Chancellor, University of Mysore, and Chief Guest of the Conference, stated that it was indeed an honor and privilege to inaugurate the 59th Annual Conference and 115th Council meeting of Insurance Institute of India. He mentioned that while going through the details he came to know that Insurance Institute of India was established in 1955 for the purpose of imparting insurance education and was recognized by Insurance Regulatory and Development Authority and Government of India as Institution of higher learning in insurance and also has several affiliations in India and abroad. He mentioned that University of Mysore is the fifth largest university of the country and runs several programs for under graduates, post graduates as well as specialized functions. He offered to have a collaboration between University of Mysore and Insurance Institute of India or Mysore Insurance Institute to offer various academic courses in the field of insurance. He was happy to know that Mysore Insurance Institute which was established in 1989 with a membership of 72 has increased its membership base to 2078 in the current year with more than 115 Fellows, which signified its activities. He was also glad to know that Mysore Insurance Institute in collaboration with JSS Women s College has introduced a Diploma course for the visually challenged and mentioned that it was a real big achievement. He also congratulated Mysore Insurance Institute on completing its Silver Jubilee. He concluded his address by wishing the Conference all success and hoped that the Institute will certainly come out with new training programs about Insurance to reach common people.

2 2 Annual Conference 2014 Speech by Prof. K.S. Rangappa Speech by Shri Ashok K. Roy Speech by Shri G. Srinivasan Prize Winners Essay Writing Competition Winners S.K. Desai Memorial Essay Writing Competition V N S PILLAI RAIPUR INSURANCE INSTITUTE VALUE OF NOTIONALLY SECURED PENSIONS - INDEX A PENSION INDEX FOR INDIA D. Subrahmanian Award Essay Writing Competition ARUNAVA DEY GUWAHATI INSURANCE INSTITUTE "FACTORS AFFECTING MICRO INSURANCE DEMAND AND RENEWAL AMONG THE POOR MASSES IN INDIA AN EMPIRICAL STUDY" Technical Paper Essay Writing Competition (Life Branch) GEORGE PASCAL OSTA ASANSOL INSURANCE INSTITUTE Technical Paper Essay Writing Competition(General Branch) SERVICES STANDARDS IN A LIFE INSURANCE COMPANY - A DIFFERENTIATOR VIJAY DWIBHASHI MUMBAI INSURANCE INSTITUTE CHALLENGES OF GENERAL INSURERS IN THE EVENT OF A MAJOR CATASTROPHE IN INDIA Technical Paper Essay Writing Competition (Health Branch) DR ANURADHA MONGA INDIAN INSURANCE INSTITUTE Technical Paper Essay Writing Competition (Micro Branch) MEDICAL SAVINGS AND LONG TERM HEALTHCARE FINANCING SHWETA RANA JAIPUR INSURANCE INSTITUTE MICRO INSURANCE - A CASE FOR A STANDALONE COMPANY

3 Annual Conference Prize Winner V N S PILLAI PRIZE WINNER - ARUNAVA DEY Prize Winner GEORGE PASCAL OSTA Prize Winner - VIJAY DWIBHASHI Best Institute Institute Name Indian Insurance Institute Ernakulam Insurance Institute Indian Insurance Society, Kolkata Calicut Insurance Institute Pondicherry Insurance Institute Bikaner Insurance Institute Honorary Secretary Shri Nabarun Halder Shri John Mathew Shri Samir Kumar Chatterjee Shri K Vijayachandran Shri K Narayanasamy Shri Rakesh Kumar Joshi

4 4 Annual Conference 2014 Prize Winner-Indian Ins Inst Prize Winner- Ernakulam Ins Inst Prize Winner Indian Ins Soc. Prize Winner- Calicut Ins Inst Prize Winner Pondicherry Ins Inst Prize Winner- Bikaner Ins Inst Life Membership Prize Winners Institute Name Mumbai Insurance Institute Delhi Insurance Institute Bangalore Insurance Institute Hyderabad Insurance Institute Indian Insurance Institute Pune Insurance Institute Dehradun Insurance Institute Pondicherry Insurance Institute Guwahati Insurance Institute0 Honorary Secretary Shri Vidyadhar G Salvi Shri Rohtash Sharma Shri B C Srinath Shri V Raghu Venkata Prasad Shri Nabarun Halder Shri N.R.Hariharan Shri Rajesh Sharma Shri K Narayanasamy Shri Babul Kumar Nag

5 Annual Conference Prize Winner- Mumbai Ins Inst Prize Winner- Delhi Ins Inst Prize Winner Bangalore Ins Inst Prize Winner Hyderabad Ins Inst Prize Winner- Indian Ins Inst Prize Winner - Pune Ins Inst Prize Winner Dehradun Ins Inst Prize Winner- Pondicherry Ins Inst Prize Winner Guwahati Ins Inst Professional Examination Prize Winners Name Subject Associated Institute Ankit Acharya (27) Health Insurance Delhi Insurance Institute Selvaraj E N (45) General Insurance Underwriting Kottayam Insurance Institute Jeeja Puzhakkal (68) Marine Insurance Coverages Calicut Insurance Institute Abhinav Anil Menon (77) Engineering Insurance Mumbai Insurance Institute Shukla Rajesh Rajmani (86) Risk Management Mumbai Insurance Institute Reena Amar Mulik (90) Human Resources Management Kolhapur Insurance Institute Needhav Kumar Mishra (22) Life Assurance Underwriting Patna Insurance Institute Aniruddha Pujari (27) Health Insurance Pune Insurance Institute Manjuruma N (45) General Insurance Underwriting Trivandrum Insurance Institute Vimal Kumar (59) Fire Insurance Rating and Underwriting Delhi Insurance Institute

6 6 Annual Conference 2014 Maneesh Kumar Singh (67) Marine Insurance Indian Insurance Institute Gaurav Mittal (72) Motor Insurance Hyderabad Insurance Institute Jithin Ghosh P G (78) Miscellaneous Insurance Calicut Insurance Institute Arvind Kuhar (81) Mathematical Basis of Life Assurance Delhi Insurance Institute Poongodi N (88) Marketing and Public Relations Salem Insurance Institute R Madhupriya (92) Actuarial Aspects of Product Development Salem Insurance Institute Panel Discussion A panel discussion was conducted as a part of the Annual Conference on 23 rd August, 2014 at Hotel Regaalis, Mysore. The theme of the panel discussion was Health Care and Health Insurance Complementing or Conflicting. The panel discussion brought together professionals and experts from the health sector. The curtain raiser for the panel discussion was done by Dr. George E. Thomas, Associate Professor, College of Insurance. He explained what is the relevance of the panel discussion and how we are going about it. The session was moderated by Mr. Arindam Mukherjee, Director College of Insurance who set the background for discussion. The other panel members included Dr. Nayan Shah, Director - Paramount Healthcare Group, Mumbai, Dr. V.Ranjan, Director Healthcare Management Institute, Pune, Mr. K.K.Srinivasan, Retd. Member, IRDA, Bangalore and Mrs. Asha Nair, Director & General Manager, United India Insurance Co.Ltd., Chennai. The main highlight of the panel discussion was the participation by Dr. Devi Shetty, Cardiac Surgeon, Narayana Hrudayalaya through video conferencing. The discussion at the panel discussion revolved around the role of insurance companies, TPA s and Doctors in providing the medical benefits to the insured who are insured under the health insurance policy and whether the Health Care and Health Insurance sector are complementing or conflicting to each other.

7 Annual Conference PANEL DISCUSSION Live Webcast Insurance Institute of India live webcasting of the inaugural event of Annual Conference was done by the Institute. Total 483 people viewed the live webcast & around 650 hits were received.

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