ASSOCHAM India’s Apex Business Chamber initiated its endeavor of value creation for the Indian industry in 1920. Having in its fold more than 400 Chambers and Trade Associations, and serving more than 4,50,000 Industry Members from all over India, has contributed significantly by playing a catalytic role in shaping up the Trade, Commerce and Industrial environment of the country.
The insurance sector plays a vital role to promote savings among the policyholder which leads to investment in the economy and increases employment opportunities. It is also playing a critical role in the country’s economic development by increasing the contribution into the country’s GDP to achieve the dream of India becoming $5 trillion economy by 2024.
In this backdrop, ASSOCHAM’s National Council for Insurance under the leadership of Shri G Srinivasan, Chairman, ASSOCHAM National Council for Insurance & Director, National Insurance Academy for Insurance and with the support of Industry Leaders is organizing 12th Global Insurance Summit “Making India a Fully Insured Society” scheduled to be held on Friday, 06th December 2019, Mumbai.
On behalf of the ASSOCHAM, we would like to take this opportunity to cordially invite you as Delegate at this timely and meaningful discussion as per the enclosed registration form.
Key Areas of Discussion:-
- India on the path of US$5 trillion economy – Role of Insurance
- Making India a fully insured society
- Insuring all for Natural catastrophes
- Role of technology in Insurance – INSURETECH
- Role of Insurance in Financial Inclusion
- Insurance and healthcare
- Promoting financial savings and encouraging insurance penetration through fiscal measures
Your participation would add immense value to this 12th Global Insurance Summit and we request to please forward your kind confirmation at your earliest.
About The Conference
Investment corpus in the Indian pensions sector is estimated to reach greater than $1 trillion by 2025 and it expects the private sector to contribute 45% of the target. India’s pension business has massive potential to grow, mainly since a large segment of its population has no access to a retirement fund. Over the years, India’s pension fund has attracted wide attention from the global community due to the reforms initiated by the Government of India. The passage of the PFRDA Act by the parliament has helped the sector push forward to realize its full growth potential over the coming years.
Over the years, global experiences have shown that the pension regulations have become more complex and focused as the pension system matures over a period. In a country like India where there is an absence of a comprehensive social security system, it is the collective responsibility of the nation that its citizens have access to information and infrastructure to prepare themselves for their old age. India’s pension sector is very important for the growth of the country’s economy since pension funds can support funding of long-term infrastructure projects, bring stability in capital markets and help its elderly population to be financially independent. While the industry needs to find innovative solutions, the regulator may like to develop a long- term vision for the industry, and the Government needs to facilitate development of a conducive environment for the industry to flourish.
Key Benefits
The Pension Fund Investment Summit will focus on bringing together industry experts in an open and collaborative way to learn lessons from the current challenges, focus on practical solutions that can be implemented and above all focus on sustainability and adequacy with regards to coverage, efficiency and security – that will help achieve the goal set for the Indian pensions sector.
Key Topics of Discussion
- Understanding the role of pension funds in India and how it plays a huge role in the development of the economy
- The pension funds roadmap for India for 2025 – succeeding against varied challenges
- Examining the key drivers changing the face of the Indian pension industry
- Route to a sustainable pension plan – Simplify, Grow, Protect
Why should you attend?
- Learn lessons from the current challenges, focus on practical solutions that can be implemented with regards to investments in the pensions vertical
- How to focus on sustainability and adequacy with regards to coverage, efficiency and security – that will help achieve the goal set for the Indian pensions sector
- Share best practices on various aspects of pension funds in India
- Network with India’s top regulatory and pension fund expert
Who will you meet?
- Chief Investment Officers
- Pension Fund Managers
- Asset Managers
- Investment Managers & Advisors
- Financial Analysts
- Portfolio Managers
- Treasury Managers
Who should attend?
Verticals who will attend:
- Government Pension Funds
- Corporate Pension Funds
- Asset & Fund Management companies
- Life Insurance companies
- Banks & Financial institutions
- Investment advisories & consultants
- Non-Banking Financial Institutions
Pricing and Discounts
10% discount for IFI members and 15% for group registration, Registration CODE: IFI18
Group discounts available for 3 or more delegates
(The group discounts compound on top of the early-bird discounts)
| Package |
Delegate |
Book & pay before Jan 31, 2017 |
Book & pay before Feb 28, 2017 |
Book & pay before March 31, 2017 |
Standard Rate |
| All Access |
Indian |
INR 12,500 |
INR 15,000 |
INR 17,500 |
INR 20,000 |
| International |
$ 295 |
$ 395 |
$ 495 |
$ 595 |
|
*Additional service tax of 15% is applicable.
Product, solution, consultancy or service providers to the end user segment of the conference
Group discounts available for 3 or more delegates
(The group discounts compound on top of the early-bird discounts)
| Package |
Delegate |
Book & pay before Jan 31, 2017 |
Book & pay before Feb 28, 2017 |
Book & pay before March 31, 2017 |
Standard Rate |
| All Access |
Indian |
INR 22,500 |
INR 25,000 |
INR 27,500 |
INR 30,000 |
| International |
$ 495 |
$ 595 |
$ 695 |
$ 795 |
|
|
*Additional service tax of 15% is applicable.
|
About The Conference
The Economic Times recognizes the significance of the Insurance sector due to increased contribution in the GDP and the well-being of the citizens and understands that development of this sector is crucial if India has to witness sustained development socially and economically. This can be achieved through open dialogue between senior leaders and policy makers on a single platform. With this in purview, Economic Times brings to you the 1st annual ET Insurance Summit with the aim to bring together national policy makers and corporate leaders to deliberate on crucial challenges.
Indian Insurance Sector – Some Interesting Facts & Figures :
- In the year 2012 – 13 the sector grew at the rate of 7% in the first 6 months, the estimated CAGR of the Insurance Sector for the next five years will be between 12% – 15%.
- India has over 36 Crore policies, the highest in the world.
- In the next 7 years the sector has the potential to touch $1 trillion.
- India’s insurance population anticipated to touch 75crore in 2020 with Life expectancy to reach 74yrs.
- Life Insurance projected to comprise 35% of total savings by end of this decade.
Attendees
MD’s CEO’s President’s Director’s Vice President’s General Manager’s Dept Heads
Benefits of Attending
- Understand the new Govt’s perspective & their vision in policy simplification
- Acquire summary of the current market scenario
- Meet key policymakers, industry influencers with different sustainable strategies
- Fathom the importance of liberalizing the Insurance sector
