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Greetings from Institute Of Directors!!
We are happy to inform you that Institute Of Directors (IOD) in association with The Andhra Pradesh Chambers Of Commerce and Industry Federation are organizing an Conference On ‘Director Liabilities Insurance’ on 17 November’ 2017 at Hotel Daspalla, Vishakhapatnam from 10.00am to 2pm followed by Lunch.
The insurance sector is a colossal one and is growing at a speedy rate of 15-20%. Together with banking services, insurance services add about 7% to the country’s GDP. A well-developed and evolved insurance sector is a boon for economic development as it provides long- term funds for infrastructure development at the same time strengthening the risk taking ability of the country.
NOW MORE THAN EVER BEFORE insurers and reinsurers need to provide the coverage their clients want, whilst minimising their exposures to claims which will impact upon their profits. All areas of insurance are facing very intense competition and are under pressure to ensure that they can differentiate themselves from the rest of the market.
Through this conference we wish to apprise you of the various other beneficial aspects of the scheme and also showcase the experience of other organizations which have successfully adopted the programme. The event will also provide you the opportunity to have direct interactions with the senior officials of Insurance companies and other stakeholders enabling you to clear all your queries regarding the scheme.