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IIB to host pan-Asian conference on Insurance Analytics in Hyderabad

Insurance Information Bureau of India (IIB) is hosting “IIRFA 2016”, the Annual Conclave of Insurance Information and Ratemaking Forum of Asia, at Hyderabad on May 26-27. The Conclave will be inaugurated by IIB Chairman T.S. Vijayan on May 27.

IIRFA is a pan-Asian body of Insurance analytics and ratemaking bodies and its annual conclave is held in a different member country each year. This year, it is being held in India, hosted by IIB.

IIRFA 2016 has twin themes of Ratemaking and Insurance Analytics & Financial Inclusion in Insurance.  Special sessions on Life Insurance Analytics and Disaster Management and Financing are part of the programme as are Panel discussions on Fraud Control using Big Data Analytics and the integral linkages between micro-finance and micro-insurance.

IIRFA 2016 will have eminent speakers and panelists from India and other IIRFA member countries, namely, Japan, Thailand, Taiwan, Korea, Malaysia and China. Participants will be from the regulatory sector, the Indian Insurance Iindustry (Life & Non-Life) both in the Government & Private sector besides top management of Insurance data bodies of other Asian countries.

Over 200 delegates are likely to attend IIRFA 2016 at Hyderabad to share and discuss critical developments in Insurance Analytics and to showcase initiatives in Financial Inclusion in insurance as well as lessons learnt.

Some of the important speakers at the conference include Dr. V. Thiruppugazh, IAS, Joint Secretary (Policy & Plan), National Disaster Management Authority, Govt of India, Kazunori Onoe, Managing Director, General Insurance Rating Organization of Japan, Worasit Thititanakarn, Advisor, The Insurance Premium Rating Bureau, Thailand, Munling Chung, Deputy Director, Taiwan Insurance Institute, Sanjay Datta, Chief – Underwriting, Reinsurance and Claims, ICICI Lombard General Insurance Company Ltd., Dr. Vijay Mahajan of Basix India and B. N. Narasimhan, General Manager, GIC Re.

Established by IRDA in 2010 as a single platform to meet the needs of Indian insurance industry, IIB gathers transactional level data on insurance from both Life and General Insurers performs analytics for the benefit of the Industry, policy makers, Regulator and the public at large. (INN)