Page 44 - Insurance Times August 2021

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Events and happenings at Birla Institute of Management

Technology (BIMTECH)

Student Achievements innovation, and in the process raised the bar for student
engagement, trust and participation. The Covid-19
Late Shri G.D. Birla Academic Merit Scholarships
pandemic challenged leading organisations throughout the
Disha Gupta and Vasu Gupta students of the 2020-2022
world, causing a level of disruption never experienced
Batch of PGDM (Insurance Business Management)
before, and triggering one of the deepest recessions in living
programme were the recipients of G.D. Birla Academic memory. However, it has also created the opportunity for
Merit Scholarships for bagging thefirst and second positions unprecedented change as organisations adopt new digital
respectively in the Third trimester. The objective of Late Shri and work-from-home norms. Business schools were also
G.D. Birla Scholarships is to motivate students for continuous sucked into this whirlpool and did everything to maintain
improvement in their academic performance. 14 students the trust of the students in the face of this tumultuous
coming from all programmes were considered for grant of situation. Age-old high standards faced a strenuous test.
scholarship for the Third Trimester (Batch 2020-22).
Webinar - InsureTech Leadership Talk Series
Faculty Achievement Birla Institute of Management Technology (BIMTECH)
Chartered Insurance Institute, the U.K. on the occasion of hosted Mr Mayank Gupta, COO and Co-Founder Zopper to
becoming a Commonwealth accredited organisation came deliver the third edition InsureTech Leadership Talk Series
out with its publication CII Commonwealth Report. in association with India Insurtech Association. An essential
part of the discussion was the increasing impact and use of
Prof (Dr.) Abhijit K. Chattoraj, Chartered Insurer - Technology in Insurance. The intensity of its use is growing
Dean(SW&SS) & Professor and Chairperson, PGDM in areas like underwriting and claims management. Zopper
(Insurance Business Management) IBM, Birla Institute of is a technology & services provider that enables businesses
Management Technology (BIMTECH) published an article to create various products & services to engage and retain
titled"An insurance profession for the post-pandemic world" their customers. Zopper works in partnership with NBFCs,
in the CII Commonwealth Report. In the article, he discusses Offline Retail chains, Ecommerce and B2B businesses to
the slew of initiatives taken at Birla Institute of create the technology at the centre of customers' lives. The
Management Technology (BIMTECH) to tackle the India InsurTech Association's goal is to facilitate the
challenges thrown by the pandemic and how the institute promotion of the usage of technology across the insurance
approached the challenges in a spirit of flexibility and value chain in India. T

Central Government announces family pensions, insurance benefits for
dependents of Covid-19 victims

The central government announced financial assistance for families who have lost their earning members to Covid-19.
The assistance includes a family pension and insurance benefits. Prime Minister NarendraModi said these measures
will help the affected families mitigate financial difficulties faced by them.
In a statement, the Prime Minister's Office (PMO) said in order to help these families live a life of dignity and maintain
a good standard of living, the benefit of the Employee State Insurance Corporation (ESIC) pension scheme for employ-
ment-related death cases is being extended to even those who have died due to Covid-19.

44 The Insurance Times, August 2021