NIA to hold 21st Insurance Summit in Pune on Nov 18

Pune, Nov 16

National Insurance Academy (NIA), a premier institution devoted to equipping the insurance industry with the best of talents, is organising 21st Insurance Summit on November 18 in Pune.

This Summit seeks to bring together CEOs, policymakers, and thought leaders across the insurance value chain to engage in strategic dialogue on the future of product innovation.

The discussions aim to inspire actionable pathways for building an insurance ecosystem that is efficient, trustworthy, and resilient, an ecosystem capable of supporting India’s journey toward a truly developed and financially inclusive economy by 2047.

There will be panel discussions on relevant industry related issues during the summit.

The session on Retail Insurance Business -Life, Health, Personal Accident, Travel, Agri will explore strategies to address the upcoming challenges, focusing on simplifying product designs to enhance customer understanding and trust, leveraging digital platforms to streamline policy issuance and claims, expanding coverage to meet emerging risks and underserved segments, and using data driven pricing models to ensure fairness and accessibility.

Similarly, another session on Commercial Business -Reinsurance, Marine, Property & Casualty will focus on actionable pathways for moving beyond traditional loss-compensation models toward a proactive, integrated approach that combines risk management, advisory services, and resilience-building solutions. Key topics will include anticipating emerging risks, leveraging technology for risk assessment, enhancing underwriting capabilities, and creating innovative products that reinforce economic resilience while driving sector growth.

Moreover, discussion will be held on Distribution Channels - InsurTech, Banks, Brokers, Aggregator. This session will encourage industry leaders to view distribution not merely as a sales function but as a strategic lever for building customer trust, deepening engagement, and creating sustained value across the insurance value chain. The discussion aims to identify pathways for transforming distribution into a digitally integrated, customer-first system capable of supporting India’s vision of a resilient and inclusive insurance marketplace.

Talking to Bizz Buzz, NIA Director, BC Patnaik says, “It is a matter of prestige that this year we are hosting the event in Pune. People in Pune will greatly benefited by it.”

Since the opening up of the insurance sector, lots of products have been designed to suit the requirement of individuals and corporates as well. The journey continues, the need for more new products is increasing in a continuous manner to deliberate the entire insurance industry, representing life insurance, general insurance and health insurance sectors, he said.

They all will be joining together in Pune to find out acceptable solution that is efficient trustworthy and resilient. Girija Subramanian, CMD of New Idia Assurance, will be the chief guest of the event.

EoM.