On May 8, 2023, the Bangladesh Insurance Association (BIA) and the Birla Institute of Management Technology (BIMTECH) jointly hosted a one-day conference titled "Reimagining Paradigm Shift in Bangladesh Insurance Industry - Bridging the Protection Gap" in Dhaka.
Professional Advancement Bangladesh Ltd. (PABL), a subsidiary of Green Delta Insurance, one of the leading nonlife insurers in Bangladesh served as the conference's knowledge partner alongside Bangladesh Insurance Association (BIA).
Academicians, high officials, experts, and leaders from various significant insurance businesses from Bangladesh, India, Thailand and Nepal attended the day-long conference, which featured four panel discussions on themes vital to the Bangladesh insurance industry. Mr. Sheikh Kabir Hossain, President of (BIA), and the Chief Guest, Mr. Sheikh Mohammad Salim Ullah, Secretary, Financial Institutions Division, Ministry of Finance, made valuable suggestions on the development of the insurance industry in Bangladesh, while Mohammad Jainul Bari, Chairman, Insurance Development and Regulatory Authority (IDRA), was present as a Special Guest, and Prof. (Dr.) Abhijit K Chattoraj, Chartered Insurer, Dean (SW&SS), Professor & Chairperson, PGDM-IBM, BIMTECH, was present as Guest of Honour.
The conference included four panel discussions that addressed important challenges in Bangladesh's insurance business.
The function of the regulator in the regulatory environment was examined in the first panel discussion which was moderated by Prof. (Dr) Abhijit K. Chattoraj from Birla Institute of Management Technology (BIMTECH).
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