Page 46 - Insurance Times April 2022

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Birla Institute of Management Technology (BIMTECH) and

United India Insurance Company Limited jointly organise a

seminar in Chennai

Birla Institute of Management Technology (BIMTECH) and clear the many myths surrounding the functioning of the
United India Insurance Company Limited jointly organised a Insurance Industry. The pious aim was to take insurance
seminar in Chennai. education closer to aspiring youngsters looking for fruitful
and rewarding career opportunities.
There is a dearth of Insurance talents in the country today;
as a result, the Insurance industry suffers immensely. In its The seminar took place on the 12th of March 2022 at the
Auditorium of the United India Insurance Co
Ltd, Head Office, Chennai.
There were in-depth discussions on the
subject and three sessions with eminent
panelists from the insurance industry
participated in the same.

Inaugural Session
Mr. Satyajit Tripathy, CMD, UIIC in his
keynote address maintained there has been
a great need for insurance education and
awareness given the low penetration of
insurance in India.

Insurance needs to be broad-based so that
it can serve the community in a better
manner. "We insurers often work with
silence to mitigate the risk and sufferings of common
endeavor to provide for Insurance professionals who would
hit the ground running, BIMTECH has always strived to put people. But time has come that insurance fraternity gets
its due recognition in days to come "added Mr. Tripathi in
its best foot forward for the Insurance Industry.
the same vein. Prof. Abhijit Chattoraj in his theme address
BIMTECH has initiated a campaign of going to different felt that insurance has not caught up with the fancy of
locations in the country and abroad to spread insurance common people as it is still a very complex product. Contract
awareness and education to contribute significantly to certainty is what we sell in insurance therefore, the
nation-building. United India Insurance Co Ltd, one of India's insurance contract has to be simple, precise, and easily
leading general insurers, joined hands with BIMTECH in this
comprehensible. Mr. KB Vijay Srinivas in his special address,
noble initiative to disseminate insurance awareness and highlighted the need for seminars of this nature in the future
knowledge.
also so that the benefits of insurance can be taken closer to
This seminar aimed to communicate with people about the those who need it the most. Mr. G. Sundara Raman
various facets of insurance, respond to their queries and delivered the welcome address.

46 The Insurance Times, April 2022