Page 43 - Insurance Times January 2018 Sample

to combat the challenges faced by the health
insurance sector in India. He also spoke about the
need to spread awareness about the importance
of health insurance, especially in rural areas for the
economic well being of people and growth of the
sector.

7) Claims Mechanism - Claims Process,
Settlement and Grievances
(K Sankaraiah Professional Expert, Office Of
Insurance Ombudsman Bengaluru Centre)
Mr. K Sankaraiah, a Professional Expert of the
Office of Insurance Ombudsman, spoke about his
4) Comparative study of Administration of experience in claim settlement and explained the series
of steps in the claim settlement process and grievance
health insurance schemes in our country settlement mechanism. He engaged the audience by
and other countries presenting various experiential learnings from his role
(Dr Vijaya Bhaskar Associate Professor Acharya in the Office of Insurance Ombudsman such as 90% of
Bangalore Business School - Bengaluru) grievances are from the health insurance segment.
Dr. Vijaya Bhaskar introduced the international aspect Along with professionals & faculties students also
of health insurance by presenting a comparative study explored new learning and development initiatives in
of administration of health insurance schemes n India Insurance Industry. Such discussions should be
and abroad. The presentation encapsulated the frequently initiated which will bring in new vibrant
audience by giving them a jist about the expanse of the talents in the insurance industry as well as growth and
health insurance sectors in other countries which awareness of Insurance Industry
allowed to bring in several new perspectives.
News Compiled by
5) Underwriting aspect along with life and Ankit Puri
health combi products and critical illness BBA F & A Student @ Christ (Deemed to be University)
&
riders - Reinsurance Perspective
Jaswanth Singh G
(George K Kurian Assistant Vice President Underwriting Insurance Domain Consultant and Faculty for Insurance
Life and Health Products @ Swiss Re Bengaluru) Studies and Pensions.
Mr. George introduced the concept of
underwriting behind the life insurance and
health insurance products, and also gave
exposure to the audience by stating the
diversity in types of life and health insurance
products. Not only did he ask questions to the
audience but also gave interesting case study
examples that kept the audience engaged.

6) Best Model to follow and implement
the health insurance scheme
(C R Nanda Kumar Senior Branch Manager N
R Square Branch Bengaluru The Oriental
Insurance Company Ltd))
Mr. C R Nanda Kumar tried to introduce a way

The Insurance Times, January 2018 43

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