|| AMITY INSTITUTE OF BIOTECHNOLOGY, NOIDA ||

Seminars & Conferences

ASIAS has been actively sponsoring various international insurance and actuarial conferences. The faculty members and the students have benefited immensely by participating in the above conferences.

SEMINAR ON LIABILITY INSURANCE

A seminar on 'Liability Insurance' was organized at Amity Campus, Noida by Amity School of Insurance and Actuarial Science on 19th May, 2005. The seminar highlighted that the liability insurance has assumed much greater significance in the recent times owing to growing demand for corporate governance and transparency in operations, accountability, increased public awareness about the rights of individuals and the pressures of consumer activist groups. The fact that the court awards are not subject to any limits and the scope of liability risk is quite vast entailing liability to public for any wrong, out of use of any hazardous materials or defective product or any professional activity etc., added to the importance of liability insurance.

The Chief Guest, Mr.Jonathan E. Michael, President & CEO of RLI Corp., USA, a product-focused company mainly underwriting Casualty insurance, gave some interesting insights into the trends in US industry as well as the proposed changes relating to State Regulation, tort reform, broker-compensation and risk transfers. A presentation on Perspective of Liability Insurance in India was also made by Mr.Ajay Dadwal, Managing Director, Corporate Risks India Pvt. Ltd. which was followed by interaction with those present. The seminar was well attended by participants from the insurance companies, insurance broking houses, people from industries, public and the students. The Golden Leadership Awards were also presented to Mr.Dalip Verma, CEO of Tata AIG General Ins. Co. for 'Best HR Practices and Mr.Sandeep Bakhshi, CEO of ICICI Lombard General Ins. Co. for 'Innovative Products' by Mr.Atul Chauhan, President, Ritnand Balved Education Found on behalf of the Amity Foundation on this occasion.

ASIAS sponsored the following important global conferences :

As Principal Sponsor, Sixth International Conference on Insurance: “Emerging Horizons in the Indian Insurance Industry” held on 15th and 16th October, 2001 at FICCI, New Delhi. Dr. Ashok K. Chauhan was one of the principal speakers in the conference while Prof. R.R. Grover, Director, read a paper on Best Practices.

As Academic Partners, 4th Global Conference of Actuaries held on 14th and 15th February, 2002 at FICCI, New Delhi.

Seventh International Conference on Insurance held on 25th & 26th September, 2002 “Emerging Competition in Indian Insurance Industry – Opportunities and Challenges” Prof. R.R. Grover, Director, gave a presentation on Training Needs of Insurance Companies

As Academic Partners, 8th International Conference on Insurance: “Indian Insurance Sector: Achievements & Prospects” held on 15th and 16th October, 2003 at FICCI, New Delhi.