P225 - MANAGEMENT OF RURAL INSURANCE (NON-LIFE)

Background:

The rapid change in the rural landscape in terms of the vulnerability of exposure to various risks and its long term impact on the rural economic health vis-à-vis the paradigm shift in the scope of assets possessed by the rural mass, has warranted a fresh look to spread the carpet of insurance as a risk mitigation tool comprising of tailor-made products and services for the millions  who are currently excluded from the insurance net The challenge of the hour is to achieve the insurance inclusion at a greater pace not only to provide a cushion for the sustainable economic development but to explore the new business opportunities for the insurer. The comprehensive study on the subject is aimed at making a pragmatic environmental analysis and focusing upon the evolving issues to chart an appropriate action plan for a symbiotic growth process.

Objectives:

Ø  To make the participants aware of  various rural risks

Ø  To acquaint the participants with salient features of various rural insurance Schemes and their operational modalities

Ø  To equip the participants with the claims management skills

Ø  Marketing and Development of Rural Insurance Business in India  

Ø  Regulatory Issues

 Contents:

Ø  Regulations and Its impact on Rural business

Ø  Rural Market: Environment and Potentiality

Ø  Rural Insurance Products

Ø  Cattle, Live Stock, Blood Stock

Ø  Poultry and Aqua Culture Insurance,

Ø  Horticulture, Sericulture

Ø  Flori-culture and Plantation Insurance

Ø  New Product Development and Pricing of Rural Insurance

Ø  Weather Derivatives -  

Ø  Field Visit to Agricultural Firms

Ø  Micro Insurance – Potential Market,

Ø  Export Management of Agro Products

Ø  Mapping & Modelling New Avenues, Growth trend

Ø  Technology Interventions in Micro Insurance

Ø  Distribution Channels, cost present trend in Business

Ø  Different approaches to market, Role of Government, Role of Informal Sector, Successful Models, Role of customer service & models of successful customer service

Ø  Marketing of MI / Marketing Strategies

Ø  Regulatory Issues

  Participants’ Profile:

Officers from Agricultural Insurance Companies / Executives in Govt./ Agricultural Insurance Institutions / Public and Private sector general insurance companies & Officers likely to be posted in Misc. Department Rural Insurance Dept./ Brokers / NGOs

 Duration:       3 days

  Date:              12.09.2022-14.09.2022