Page 49 - Insurance Times August New 2023

Shri Sunder Krishnan, Chief Risk Officer, Reliance Nippon Life Our Resident Editor Mr. S. G. Afzal Biya Bani attendance at
Insurance Co. Ltd. the Insurance Institute of India's (III) Foundation Day event was
truly remarkable, as it proved to be a resounding success. The
The panelists discussed how technology has enhanced the
event showcased the institute's rich heritage, achievements,
growth of the insurance industry. The recent trends in
and its commitment to excellence in education. From engaging
technology investment, technological modernization,
keynote speeches, Thematic presentations, and discussions, to
strategies involved, use of CSMA (Cyber Security Mesh
captivating cultural performances, the Foundation Day event
Architect), the digital journey of Insurance and the thematic
captivated attendees and created a vibrant atmosphere of
approach for development of technological aspect in the
celebration and camaraderie.
insurance sector were discussed.
Moreover, the event provided a valuable platform for
By way of take a ways, this seminar was a step towards
alumni, faculty, and students to reconnect, share their
creating a better understanding the experiences and the
expectation of the insurance industry with the advancement experiences, and foster meaningful connections. Through
of technology. It was an effort to highlight the multiple meticulous planning, seamless execution, and overwhelming
challenges faced by insurance industry in all areas of business participation, the 68th Foundation Day event undoubtedly
and the solutions that need to be designed in all to increase left an indelible mark on everyone who attended,
the penetration of insurance in the country and to improve symbolizing the institute's unwavering dedication to
the experience of the insurance customer. fostering knowledge, growth, and community.

Mr. Sunder Krishnan; Mr. Prerak Sethi, Mr. Kayzad, Mr. Kallol S. G. Afzal Biya Bani receiving MEMENTO for his service to
Basu, Mr. Girish Nayak, Mr. R. Doraiswamy & Industry from Shri S. N. Satpathy, Secretary General of III
Prof Archana Vaze

S. G. Afzal Biya Bani addressing the audience View of audience

42 August 2023 The Insurance Times