STRENGTHENING INDIA-UK PARTNERSHIP IN THE INSURANCE INDUSTRY SUMMIT - SPECIAL FOCUS ON INSURTECH

http://asiainsurancepost.com/event/india-uk-insurance-summit

A new ambitious, young Indian re/insurance industry has made a grand beginning, since 2000, in the world’s fastest growing economy

Today, 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.

Insurtechs

It is changing the way products and services are delivered and in near future, one can expect a revolution in the business models – with Insurtechs playing a key role, presently there are over 130 insurtechs in India and the numbers are growing.

In 2018, Asia led with investments of $189 million, mainly due to large investments in Indian InsurTechs.

The UK is positioning itself well as the government and regulators continue to build fintech bridges with Asia, to help reduce regulatory barriers and support growth. UK insurtechs saw over $1bn (£780m) of funding in 2018, up from $792m the previous year, they all come from London, which is and will remain the main hub in UK and Europe.

http://asiainsurancepost.com/event/india-uk-insurance-summit

Join us on April 11th to learn more about opportunities in the Indian-UK growing re/insurance and Insurtech market.

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: Manish Singh, Minister (Economic),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

• James Nash, CEO, Guy Carpenter’s International Division

• Maurice Williams, Managing Director, Willis Re International

• 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)

Panelists

• 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 Ramaswamy, CEO, GIC Re, London

• Vishnu Teja Chundi, CEO and Cofounder, AssetVault

• Niall Barton Co-Founder WRISK, Founding Member Insurtech UK

• Paolo Cuomo, Principal, The Boston Consulting Group

15.30 - 17.00 Networking Reception

FAQs

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.

How can I contact the organiser with any questions? Please email us at asiainsurancepost@gmail com