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Insurance Leadership Summit Sri Lanka 2016

At the Insurance Leadership Summit 2016 held on July 15, 2016 at Taj Samudra, Colombo, CEOs and top management of leading life and general insurance companies in Sri Lanka shared their views and enumerated areas of high potential and likely challenges for the industry.

Download 2016 Event Review


 

Agenda

8.00 am to 9.00 am
Registration


9:00 am to 9:30 am
Opening Remarks
Shirish Pathak, CEO, Fintelekt
Dirk Pereira, President, Insurance Association of Sri Lanka

Guest Address
Indrani Sugathadasa, Chairperson, Insurance Board of Sri Lanka


9.30 am to 11.30 am
Life Insurance Leadership Session
Theme: Expanding the market for life insurance business:

Low insurance penetration has been cited as a hurdle for the insurance industry in Sri Lanka. How can insurance companies overcome external challenges of low per capita income and low awareness, to lend a strategic push to growth and profitability? The key issues that will be discussed in this session will include:

- Customer centricity
- Novel distribution partnerships
- Effective marketing strategies
- Tapping into the digital potential
- Lessons from other emerging economies

Moderator:
Hashra Weerawardena, General Manager Life, Janashakthi Insurance

Panelists:
Reyaz Jeffrey, Chief Executive Officer, Amana Takaful Life
Dirk Pereira, Chief Executive Officer, Union Assurance Life
Chula Hettiarachchi, Chief Operating Officer - Life, Asian Alliance


11.30 am to 11.45 am
Tea/Coffee


11.45 am to 1.00 pm
General Insurance Leadership Panel Discussion
Theme: Ensuring sustainable growth for the industry

The regulatory changes in the last two years, such as split of composites, and the move towards risk-based capital norms has added to the challenges faced by the general insurance industry in Sri Lanka. In this scenario, how can insurance companies, both large and small, improve profitability and sustainability? The key issues that will be discussed in this session include:

- Upgrading technology for better productivity
- Improving profitability in motor insurance
- Embracing technical underwriting
- Attracting and retaining talent
- Using analytics for growth

Moderator:
Manjula De Silva, Chairman, National Insurance Trust Fund

Panelists:
Nimal Perera, Chief Operating Officer, People's Insurance
Ainsley Alles, Deputy Chairman, Senaratne Insurance Brokers (Pvt) Limited and Freelance Insurance Consultant
Deepthi Lokuarachchi, Chief Executive Officer, HNB Assurance PLC


1.00 pm - 2.00 pm
Lunch


2.00 pm - 2.45 pm
Presentation: Reaching the Masses: Driving Insurance Market Creation
Manoj Kumar Jain, Managing Director, Shriram Life Insurance Company, India 


2.45 pm - 3.30 pm
Presentation: Reinsurance
Sanath C De Silva, Chief Executive Officer, National Insurance Trust Fund


3.30 pm - 3.45 pm
Distribution of Participation Certificates and Tea/Coffee

Delegate Kit Partner

Associate Partner