Interview of Shri S. N. Satpathy, Secretary General, Insurance Institute of India
THE INSURANCE TIMES|March 2023
"III works with practically all the public and private sector insurers and reinsurers as well as all the intermediaries to build internal academic and professional competencies for them. We do this both within and outside the country."
Interview of Shri S. N. Satpathy, Secretary General, Insurance Institute of India

About Mr. Satpathy
Shri S N Satpathy had joined Insurance Institute of India as Secretary General on 19th September 2022 on deputation from Life Insurance Corporation of India. Prior to the current assignment, he was Additional Director of LIC Management Development Centre (MDC), Mumbai, the apex training centre for middle to senior level executives of LIC.

He has 33 years of service experience in LIC, the major and only PSU life insurer of the country, having joined LIC as 17th batch Direct Recruit officer in September 1989. During this more than three decades experience in Life Insurance Corporation, he had successfully handled life insurance marketing and operations spread over 6 states falling under 7 Divisions and 4 Zones of LIC of India, both at operational level of Branches, Divisions and Zones. He has the experience of conventional marketing of life insurance, marketing through alternative channels of distribution including Bancassurance and Direct Marketing. He was also in-charge of Pension & Group business operation in Mumbai.

He had effectively performed as National Relationship Manager to promote the Bancassurance business through three PSU Bank partners, headquartered at Mumbai and Pune.

He is a Post Graduate in Agriculture Science, having Fellow of Insurance Institute of India (FIII) and specialized diploma in Health Insurance.

Esta historia es de la edición March 2023 de THE INSURANCE TIMES.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición March 2023 de THE INSURANCE TIMES.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE THE INSURANCE TIMESVer todo
"IMS Unison University differentiates itself in the Indian higher education landscape through a strong commitment to quality education, a personalized student experience, and a modern, industry-relevant curriculum."
THE INSURANCE TIMES

"IMS Unison University differentiates itself in the Indian higher education landscape through a strong commitment to quality education, a personalized student experience, and a modern, industry-relevant curriculum."

About Dr Anil Subba Rao Paila

time-read
10 minutos  |
November 2024
IRDAI Corner
THE INSURANCE TIMES

IRDAI Corner

Insurance Regulatory and Development Authority of India (Insurance Fraud Monitoring Framework) Guidelines, 2024

time-read
4 minutos  |
November 2024
Insurance Caselaws
THE INSURANCE TIMES

Insurance Caselaws

The Himachal Pradesh State Commission orders Oriental Insurance Co. to pay Rs. 7.9 lakhs for repudiating an insurance claim solely because of delayed notification.

time-read
5 minutos  |
November 2024
New Product Launches
THE INSURANCE TIMES

New Product Launches

Canara HSBC Life Insurance unveils new plan combining life protection and wealth creation

time-read
5 minutos  |
November 2024
Gunford: Marine Insurance Fraud or Purely Coincidence!!
THE INSURANCE TIMES

Gunford: Marine Insurance Fraud or Purely Coincidence!!

Global Maritime trade is affected hugely by the policies of maritime insurance being followed in various nations. An insurance policy is a contract in which an individual or entity (known as an insured) receives monetary reimbursement against losses, emerging from the occurrence of an event, from an insurance company (known as an insurer), generally in exchange for a premium.

time-read
10+ minutos  |
November 2024
How various insurtech startups are addressing the challenge of low market penetration in the Indian Life insurance sector
THE INSURANCE TIMES

How various insurtech startups are addressing the challenge of low market penetration in the Indian Life insurance sector

India's life insurance sector, despite being one of the largest markets in the world by population, faces a significant challenge in terms of market penetration. With a penetration rate hovering around 3% of GDP, it's clear that a vast majority of Indians remain either uninsured or underinsured.

time-read
4 minutos  |
November 2024
Exclusion clauses in Insurance Contract: Enforceability and Interpretation
THE INSURANCE TIMES

Exclusion clauses in Insurance Contract: Enforceability and Interpretation

The terms of the insurance contract require strict construction without eschewing or adding the words in the contract. However, insurers are exempted from any liability where the loss is attributable to an excluded peril specified in the exclusion clause or not mentioned in the covered causes/perils/risks/loss.

time-read
10+ minutos  |
November 2024
Risk Management 2.0 in the new Gen Z Milieu
THE INSURANCE TIMES

Risk Management 2.0 in the new Gen Z Milieu

I notice that the world has significantly changed over the last five years due to black swan events (like Covid-19), geopolitical upheavals affecting supply chains (like situation in Middle east and Eastern Europe) and tech advances (like Al, robotics) have reshaped the risk landscape. Risk professionals must now adapt faster than ever to navigate these disruptions to ensure business resilience.

time-read
2 minutos  |
November 2024
International News
THE INSURANCE TIMES

International News

Growing demand in Europe: Munich Re remains disciplined while further expanding

time-read
5 minutos  |
November 2024
Life Insurance News
THE INSURANCE TIMES

Life Insurance News

About 7 crore people have subscribed to the Atal Pension Yojana (APY) whose corpus has swelled to Rs 35,149 crore, Finance Minister Nirmala Sitharaman said.

time-read
6 minutos  |
November 2024