P162 - MANAGEMENT OF MISCELLANEOUS INSURANCE BUSINESS –
(NON-LIFE)
Background
Traditionally, miscellaneous insurance comprised of several lines
of business including property, health, personal accident, travel, aviation,
liability, employer’s liability, rural & micro. With time, the portfolio
has undergone changes. Health
insurance over the last decade has grown phenomenally and currently constitutes
22% of the general insurance business. As
per health insurance regulation, health insurance comprises health, PA &
travel. Crop insurance has assumed
significance over the last 5 years. Separate
regulation has been introduced for micro insurance.
Liability insurance specially D&O, PI and Cyber gaining foothold.
The share of miscellaneous insurance excluding health & crop is
currently low. Sales &
marketing challenges are manifold and requires knowledge of products,
regulations, innovations, market trends, effective underwriting and claims
management.
The programme aims to equip participants with knowledge of