Insurance Distribution Channels (IDC)
Venue: Mumbai, ITC Grand Maratha Sheraton, India
Location: Mumbai, Maharashtra, India
Event Date/Time: Jan 16, 2008 | End Date/Time: Jan 17, 2008 |
Registration Date: Jan 16, 2008 | |
Early Registration Date: Dec 15, 2007 | |
Abstract Submission Date: Dec 06, 2007 | |
Paper Submission Date: Dec 09, 2007 |
Description
The Insurance industry graph is definitely ascending. Distribution accounts for the largest element in insurer’s cost and affects profitability. The size of the country combined with problems of connectivity in the rural areas, makes insurance selling in India a difficult proposition. The distribution capabilities strongly influence product design in insurance. The distribution channels have a direct impact on the insurer’s market image.
Emergence of alternative channels such as Bancassurance and Internet is reshaping the insurance industry. India with a population of more than a billion people offers unlimited growth potential especially in the rural areas. How do the insurance companies reach them in the most profitable and cost effective way? What are the challenges and opportunities in dealing with multi distribution channel model?
This two day conference will focus on the main issues and challenges in managing different distribution channels to create a successful synergy leading to profit maximisation. The Conference will also provide a right platform for networking and syndication for appropriate channel partners.
The key areas this conference to cover would include:
· Alternative channels of distribution
· Building an integrated multi-channel distribution model
· Convergence of banking and insurance – Bancassurance –Is it the most successful channel?
· Digital transformation and emergence of ecommerce and ebanking and it’s effect on insurance distribution
· Difference between commercial banking and insurance culture
· Case studies of life and non life insurance distribution models
· Achieving the right concept of cooperation and integration between distribution channels
· Micro-insurance and rural market
· Distribution channel models for the future
Who Should Attend
Insurance Companies
Banks
Corporate Agents
Third Party Administrators
Reinsurers
Personal Finance Portals
Online Financial Transaction Services
Independent Financial Advisors
Insurance Brokers
For Delegate Registration
Pushpalata Ramteke
Tel: 91-22-66801100 Fax: 91-22-28509590
pushpalata.ramteke@informedia-india.com