![Trust with Law Trust with Law](https://cdn.magzter.com/1341758445/1691481528/articles/wYgKtPFDc1691576342382/TRUST-WITH-LAW.jpg)
Sakate Khaitan
"a sharp corporate lawyer with strong commercial acumen" Khaitan Legal Associates
We value Integrity, Committed listening, Compassion and Thought leadership. We can be counted on for being a lifelong, trusted, and solution-oriented partner. We are a new paradigm in the practice of law". The pioneer of this firm, Sakate Khaitan - the ebullient lawyer, lives up to every word and promise in the company of dynamic colleagues. Sakate's legal journey started in the 1990s. In September 2014, a 7-lawyer corporate law firm was set up, laying the foundation for a litigation practice. Today, it is a 3040 lawyers' firm with offices in London, Mumbai, New Delhi and Bengaluru. Insurance, Regulatory and Dispute Resolutions are some of the distinctive fortes of Sakate and his firm.
Suave and sophisticated Sakate began his career at St. Paul's School Darjeeling, where he completed his ICSE in 1989; completed his Higher Secondary at St.Xavier's College, Calcutta, in 1990 and went on to finish his LLB from SCLC, Calcutta University in 1990 and MBA from London Business School in 2003.
Besides being a Senior Partner with Khaitan Legal Associates, Sakate shoulders many other responsibilities. He is PrathamUK's Board Member & Chairperson; Director and Sr President of ECE Industries Ltd (A BK Birla group of companies) and Board Member Birla Institute of Management Technology (BIMTECH).
One can envy Sakate's humility as he is modest to a fault. An aficionado of golf and squash, Sakate also relishes writing. In a freewheeling interview with Prof. Abhijit K.Chattoraj, Sakate Khaitan candidly discussed issues close to his heart and unleashed many unknown facets of his chequered career.
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![A Comparison of European and Indian Insurance "Risk Function" A Comparison of European and Indian Insurance "Risk Function"](https://reseuro.magzter.com/100x125/articles/1032/1987983/G7NgZLRrW1739187754221/A-COMPARISON-OF-EUROPEAN-AND-INDIAN-INSURANCE-RISK-FUNCTION.jpg)
A Comparison of European and Indian Insurance "Risk Function"
The subsequent discussion compares the key areas within the risk management function of insurance companies in Europe and India. These are the existence of skilled resources, issues related to data, whether the risk function is challenging the first line enough, whether the riskbased decision-making is working well......
![Health Insurance Health Insurance](https://reseuro.magzter.com/100x125/articles/1032/1987983/XFaElqqw41739187372753/HEALTH-INSURANCE.jpg)
Health Insurance
At the World Economic Forum 2025 in Davos, the CEO of Bajaj Allianz predicted that India could see the emergence of 1000 insurance companies within the next decade.
!["The Asian Development Bank (ADB) strengthens the insurance sector in Asia and the Pacific by partnering with finance ministries, regulators, and stakeholders." "The Asian Development Bank (ADB) strengthens the insurance sector in Asia and the Pacific by partnering with finance ministries, regulators, and stakeholders."](https://reseuro.magzter.com/100x125/articles/1032/1987983/NFCHh4dCC1739190615653/THE-ASIAN-DEVELOPMENT-BANK-ADB-STRENGTHENS-THE-INSURANCE-SECTOR-IN-ASIA-AND-THE-PACIFIC-BY-PARTNERING-WITH-FINANCE-MINISTRIES-REGULATORS-AND-STAKEHOLDERS.jpg)
"The Asian Development Bank (ADB) strengthens the insurance sector in Asia and the Pacific by partnering with finance ministries, regulators, and stakeholders."
Arup Chatterjee, Unit Head of the Capital Markets and Insurance Practice Team at the Asian Development Bank (ADB), has over 35 years of experience shaping global policies and driving reforms in insurance, pensions, and capital markets.
![Insurance Regulator Insurance Regulator](https://reseuro.magzter.com/100x125/articles/1032/1987983/8U8L7Mfn81739187205691/INSURANCE-REGULATOR.jpg)
Insurance Regulator
Insurance companies are taking over six hours to process the majority of health cover claims and facilitate hospital discharges post-settlement.
![Arterial Blood Gas (ABG) Interpretation for Medical Auditors & Health Insurance Claim Processors Arterial Blood Gas (ABG) Interpretation for Medical Auditors & Health Insurance Claim Processors](https://reseuro.magzter.com/100x125/articles/1032/1987983/2s3vUFJY-1739189576696/ARTERIAL-BLOOD-GAS-ABG-INTERPRETATION-FOR-MEDICAL-AUDITORS-HEALTH-INSURANCE-CLAIM-PROCESSORS.jpg)
Arterial Blood Gas (ABG) Interpretation for Medical Auditors & Health Insurance Claim Processors
A blood gas analysis may be performed on blood obtained from anywhere in the circulatory system say artery, vein or capillary. A medical auditor and claim processor should know that differences in measured blood gas values between arterial and venous blood are most pronounced for PO2 as PO2 is the only clinical reason for obtaining arterial collections.
![MSME Insurance: Simplified MSME Insurance: Simplified](https://reseuro.magzter.com/100x125/articles/1032/1987983/d6fWcrl1Y1739188425717/MSME-INSURANCE-SIMPLIFIED.jpg)
MSME Insurance: Simplified
As per MSME Ministry data, there are about 6.3 crore MSMEs in India, which provide employment to approximately 11.10 crore and contribute to about 27% to the country's GDP, which is again 45% of the manufacturing output and over 40% of both direct and indirect exports.
![International International](https://reseuro.magzter.com/100x125/articles/1032/1987983/MLu1EHBGn1739187645974/INTERNATIONAL.jpg)
International
In a forward-looking initiative, the Dubai International Financial Centre (DIFC) and Lloyd's of London have partnered to develop future talent in the insurance sector.
![Insuring the Insurance: A Model for Investment in Ethical Capital Insuring the Insurance: A Model for Investment in Ethical Capital](https://reseuro.magzter.com/100x125/articles/1032/1987983/-07UsKCe21739188056209/INSURING-THE-INSURANCE-A-MODEL-FOR-INVESTMENT-IN-ETHICAL-CAPITAL.jpg)
Insuring the Insurance: A Model for Investment in Ethical Capital
If today's organizations have to survive and sustain themselves, they must invest in ethical capital, or they will go the way of dinosaurs. In other words, all capital ventures must be ethical, and an investment in ethics is inevitable, for it follows the spirit of Rule and an inclusive approach towards all stakeholders.
![General Insurance General Insurance](https://reseuro.magzter.com/100x125/articles/1032/1987983/gWbPmx8TF1739187022886/GENERAL-INSURANCE.jpg)
General Insurance
With increasing cybercrime and a push from regulators, numerous insurance companies have rolled out cyber coverage for individuals. These policies aim to shield individuals from risks posed by malicious actors during their digital interactions.
![Wildfire Crisis in the USA - Lessons for the Insurance Industry Wildfire Crisis in the USA - Lessons for the Insurance Industry](https://reseuro.magzter.com/100x125/articles/1032/1987983/UInWTvGb91739186909343/WILDFIRE-CRISIS-IN-THE-USA-LESSONS-FOR-THE-INSURANCE-INDUSTRY.jpg)
Wildfire Crisis in the USA - Lessons for the Insurance Industry
The recent spate of wildfires across the United States has once again underscored the devastating impact of climate change on our ecosystems, communities, and economies. States like California, Oregon, and Washington have borne the brunt of these disasters, with unprecedented destruction of property, displacement of residents, and loss of natural habitats.