Page 41 - Insurance Times February 2021

and know their requirements and Risk management use of digital platforms to reach out to the stakeholders and
philosophy. As brokers, we tailor make the solutions customers, and to also enhance engagement". He further
depending upon the clients'businesses and make sure they added, "I see a huge opportunity in the tier 2 and 3 cities
get the right product at the right price. The role of the and towns. Substantial economic growth is expected from
brokers does not end with sales but continues in handholding rural areas and I would urge the broker community to
the client to get his rightful claim in the shortest possible penetrate this untapped segment. Further focus is required
time. We intent to provide solutions in the favor of the on the MSME sector and new insurance products have been
policy holder's interest and therefore, would like to work added to cater to this."
with IRDAI to ensure that every policy designed fills the gap Mr. Khuntia further"emphasized the need to support and
between the actual insured loss and the claim payment is train the relatively smaller brokers so they can realize their
narrowed to the bear minimum." full potential and contribute to the growing community.
"Post the pandemic the role of brokers has enhanced as the Currently, there are 482 active brokers in the country".
nature of Risk has changed and customers would definitely The Summit was attended by more than 500 delegates
expect a blue ocean strategy to cover such future effect of including CMDs and CEOs representing India's top life and
the pandemic. We as Brokers are constantly thriving to non-life Insurance companies, IRDAI members, insurance
make sure that we provide the best possible insights from brokers, insurance companies, TPAs, Loss Assessors,
across the spectrum so that customers are protected from customers and other stakeholders.
future risks," added, Mr. Bohra.
At the 17th Annual Brokers Meet, IBAI also launched a social
On the occasion, Mr. Subhash Chandra Khuntia, Chairman, media campaign #Insurancebrokers, which intends to
Insurance Regulatory and Development Authority of India connect with the youth and educate them on the
(IRDAI) said, "Use of digital tools will play a key role in this importance of Insurance. The campaign was launched on
new normal. The broker community should make optimum Twitter, Linkedin and Facebook.

Green Delta Insurance bags Gold again in the 7 th ICSB National
Award 2019 for 6 times in a row

Yet another feather has been added in the crown of the
glorious achievements of Green Delta Insurance Company
as they have been awarded with the prestigious ICSB
Gold Award once again for corporate governance excellence
in the category of "insurance companies" at the 7 th
ICSB National Award 2019. This is the 6th consecutive
year that GDIC has bagged ICSB Gold Award including the
year of 2019. The ceremony of 7th ICSB National Award
2019, hosted by Institute of Chartered Secretaries of
Bangladesh (ICSB), was held at the capital on 23rd January
2021.
Mr. Md. Anisur Rahman (DMD & Head of Claims,
GDIC) and Mr. Syed Aliul Ahbab (SEVP & Financial
Controller, GDIC) received the certificate and the trophy for the 7th ICSB Gold Award from Mr. Tipu Munshi MP
(Honorable Minister, Ministry of Commerce) and Mr. Shibli Rubaiyat-Ul-Islam (Chairman, Bangladesh Securities &
Exchange Commission, BSEC), who were present respectively as the chief guest and the special guest of the prestigious
event.

The DMD & Head of Claims of GDIC, Mr. Md. Anisur Rahman said, “It's indeed a matter of pride for Green Delta
family as we are the only insurance company to secure the ICSB Gold Award for 6 consecutive years. We are committed
to continue our glorious stride in corporate governance and set a strong example for other organizations of the industry
in due course”.
The Insurance Times, February 2021