Page 55 - Insurance Times April 2020

Launch of Calendar celebrating the Legacy of Public Sector General Insurance

Every year CIDizen Trust comes out with Theme Calendar. For the year 2020, CIDizen Trust brought out the
calendar of the year with the theme of celebrating the Legacy of Public Sector General Insurance Companies in
India.
Public Sector General Insurance Companies have always been in the forefront in contributing to socio-economic
progress of our Country and have been pioneer of all the Insurance initiatives for the security of rural masses and
the common man.

The Cidizen Trust honoured Public Sector Insurance Companies which had been a platform for all the CIDizens to
learn and grow. Specifically, the Trust thanks the Chairman-cum-Managing Directors of the Public Sector
General Insurance Companies viz., National Insurance Company Ltd., The New India Assurance Co. Ltd., The
Oriental Insurance Co. Ltd., United India Insurance Co. Ltd., GIC Re and The Agriculture Insurance Co. Ltd., who
have highlighted the value and legacy of PSUs, in the theme calendar. The various Stalwarts from the Industry
shared the facts and figures of PSUs' contribution to the economy .

CIDizen Trust is run by CBSE Insurance Vocational group Students (who were inducted into General Insurance
Industry as employees between 1992 and 1997). CID represents CBSE Insurance Diaspora and the word ‘Zen’
means literally to connect. The Trust was formed to bring socially conscious CID- ians together to serve the
members and the Society, at large.

During the short span of 3 years, the Trust has engaged itself in many noble activities such as raising funds to
provide timely aid to the victims of natural calamities and in providing periodical service, both in financial and
physical form to old age homes and to the destitute children. The Trust also has entered into long term initiatives
like providing aid to cancer research Institutes and downtrodden cancer patients in a regular and structured
manner through “CIDIZEN Care Centre for Cancer” which was launched in 2018.

Recently, they have given their outstanding support to the workers of unorganised sector including coolies, auto
drivers, street vendors etc., who could not earn their daily wages due to the lockdown due to Covid 19, by
providing necessary groceries and provisions.
Besides, the Trust encourages to develop the expertise in Insurance by conducting Insurance Summits and
Seminars on the issues impacting Indian General Insurance Industry. In 2019, a Summit was organised at New
Delhi which was presided over by Shri.Ravi Rai, CE, GIPSA and Shri.A.V.Girija Kumar, CMD, Oriental Insurance Co.
Ltd. The business presentations were moderated by Shri. Raghavan, former CEO, IIB of IRDA.
Later in the year, the members of the Trust presented papers at National Insurance Academy (NIA), Pune on
current Insurance Issues and handed over the Reports authored by them to NIA to benefit their students. In the
current year, the Trust is planning to get associated with Insurance Institute of India. The next technical discussion
is scheduled to be held in their ensuing Global Summit at Chandigarh.
Through collective and collaborative efforts with various sectors , Cidizen Trust is poised to serve the Insurance
Industry and the nation, socially and professionally.

The Insurance Times, April 2020 55