News Reinsurance18 Sep 2018

Energise insurance in India, essay competition launched

| 18 Sep 2018

Asia Insurance Review and GIC Re as co-organisers of the India Rendezvous have launched the third Indian insurance industry essay competition to find the best ideas to spur the insurance and reinsurance market in India in an age of technological advancements and insurTech disruptions.

The competition is open to all insurance professionals working in India and students doing a two-year full-time insurance course from a reputed India-based insurance institute or university.

The winner will receive a prize money of S$1,000 ($729) and will be invited to present his/her winning essay at the 12th India Rendezvous to be held in Mumbai in January 2019, where some 800 insurance professionals are expected to attend. The runner up will receive a prize money of S$500.

The competition closes on 15 November 2018. The essays must be between 2,500-3,000 words long and should be on one of the following three topics:

  1. India as a Reinsurance Hub
  2. The New World of Insurance/ Reinsurance in India in the Tech Era
  3. The Future of Insurance – Cover or Service

The winners will be chosen by a panel of distinguished top industry professionals from India and abroad which will be chaired by Mrs Alice Vaidyan, Chairman and Managing Director, GIC Re.

Through this competition, the organisers hope to showcase the dynamic Indian insurance industry in all its excitement, trials and tribulations, and to create an atmosphere of learning, analysis, and research among its insurance professionals. The first two essay competitions were hugely successful and saw participation from across the insurance industry spectrum.

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