Strategic Excellence in General Insurance: Innovation, Compliance, and Risk Management
 in a Changing Landscape

Dr. Ashok Kumar Patnaik
Programme Director
  • Program Details

  • Bank Details

  • About ASCI

PROGRAMME OVERVIEW

Theinsurance sector in India is experiencing significant changes due to the entry of new players, technological progress, and shifting customer expectations.Traditionally, a few large insurersdominatedthemarket. Now, Insurtech startups, digital-first insurers, and global companies are increasing competition. Artificial Intelligence (AI) and data analytics are transforming underwriting, claimsprocessing,andcustomerservice, resultinginfasterandmorepersonalisedexperiences.

Today’s customers want transparency, convenience, and customised products and are looking to leverage the bancassurance and other multichannel distribution facilities for ease of obtaining insurance products and services. This demand is pushing insurers to innovate quickly to stay ahead of their competition. Partnerships between traditional insurers and tech companies are becoming more common,leading to the trend of mixing competition with collaboration. At the same time, greater financial literacy is enabling customers to be more selective and demanding. This change has also causedariseinmis-selling,which emphasises the need for stricter rules and a stronger focus on customer protection from the regulator, IRDAI. Intermediaries such as agents, brokers, and web aggregators are changing their roles and strategy for securing a larger pie in the market and achieving the slogan “Insurance for all 2047”. They are moving from simply distributing products to becoming digital advisors and helping customersmakeinformedchoices.

In this fast-changing environment, a Management Development Program (MDP) on emerging topics of insurance is vital. It will help professionals gain the knowledge and skills needed to manage dynamic market conditions and strategic complexities, take advantage of opportunities in the Banking, Financial Services, and Insurance sectors (BFSI), and encourage participants to prepare themselves to contribute and makecareergrowthintheindustry.

OBJECTIVES

To provide participants with insights on changing regulatory frameworks and risk management in the BFSI (especially Insurance)domain.

To explore the impact and strategic use of digital transformation on financial inclusion, and implement innovative marketing and brand in general insurance

To identify newcareer growth opportunities in adiverse market in BFS Iand related sectors.

KEY BENEFITS INCLUDE

Comprehensive, Cross-Functional Learning leading to strategic thinking and cross-functional  leadershipcapabilities.

 The interactive, Experiential sharing sessions  form at brings theoreticalconceptstolife.

 Experienced Faculty & Industry Voices of professionals who bring real-world insights into the classroom.

 Structured and well-suited for Developing Leadership Roles and career development.

 Residential Format for maximum immersion, encourages complete focus, deep cohort bonding, and uninterrupted engagement.

Certificates of Participation & ASCI Alumni AssociationMembershipforallparticipants.

 CONTENT

 Fundamentals and Insurance Market Landscape.

Regulatory & Legal Framework in Non-Life Insurance.

Product Innovation in Non-Life Insurance, emerging sectors.

 Key developments in Risk Assessment, Underwriting Practices, Claims Management, and FraudControl.

 Distribution Strategies and Intermediary Management, evolving role of Bancassurance, broking, agency, digital aggregators (web
 aggregators)

 Implementation of Digital Transformation in the formation of Business Development Strategy, Customer Focus, enhancing Customer Experience & PolicyholderServicinginGeneralInsurance.

 Leadership and Team management, Performance Matrix,andIncentivestructure.

 Financial Management & Solvency in General Insurance

 ESG,SustainabilityandInclusiveInsurance,Global regulationshifts

CasestudiesCaseStudies:EffectiveLast-MileBFSI Outreach Techniques: Bima Vistaar, Bima Sugam, and BimaVahak.

METHODOLOGY
The programme is structured to provide an immersive and interactive learning experiencetotheparticipants.It combines expert lectures, experiential learning, case discussions, role plays, and group exercises. Emphasis is placed onreal-world applicability and peer learning to
rein forcekey take aways.

FACULTY
The programmeisdelivered by a distinguished panel of faculty members, includes faculty members from ASCI,senior bureaucrats, CEOs, industry experts, and legal and technical advisors. With extensive experience across leadership, management and BFSI domains,they emphasise the practical insights, transformative and interactivelearning.

PARTICIPANTPROFILE
The programme is ideal for junior, middle, and senior level executives, managers, and administrators from public and private sector organisations. It is particularly beneficial for professionals seeking to sharpen their managerial acumen, improve their domain knowledge
 in insurance and risk management and drive individual careerandorganisationalgrowth.

OrganisationalSponsorshipIsEssential.

VENUE
The programme is fully residential and the participants will be accommodated in air-conditioned single occupancy rooms. The college does not provide accommodation for the family. The college is Wi-Fi enabledinacomprehensiveway.

DURATION
The programme duration is 3 days, starting from December 15-17, 2025. The participants are expected to arrive a day before commencement and may leave after theconclusionoftheprogramme.

PROGRAMME FEE
Residential Fee:Rs.43,700/-(US$683forforeigners) plus GST as applicable (presently 18%) per participant. The fee covers tuition, board and lodging, courseware (in electronic form) and other facilities of the College, includinginternetusage.

Non-Residential Fee: Rs. 37,700/- plus GST as applicable (presently 18%) per participant. The fee coverstuition, courseware(inelectronicform),working  lunch and other facilities of the College, including internet usage.

 A discount of 10% on the Programme fee for three or  more participants from the same organisation will be given, provided the payment is credited into our Bank account before December11,2025.

 Note: Kindly forward us the details of Bank/Wire transfer of fee payment indicating the Programme Code (Prg/25-26/1/116) e-mail to:
 [email protected].

MEDICALINSURANCE
Thenomineesarerequestedtocarry with themproofof Medical Insurance. The sponsoring agency is required to endorse the nominees' medical coverage in the event of hospitalisation.

LAST DATE FORNOMINATION
Please use the prescribed/ attached form. Last date for receiving nominations is December 08, 2025. Kindly contact the Programmes Officer for further details (contact details are given at the end of the nomination form).

LASTDATEFORWITHDRAWAL
December 11, 2025. Any withdrawals after this date will entail forfeiture ofthefeepaid,if any.

ASCIALUMNIASSOCIATION

 Participants of the College programmes will automatically become members of the ASCI alumni association.

CERTIFICATE OF PARTICIPATION
The College issues a Certificate of Participation on the conclusionoftheprogramme.
 .

 

 

 

For Indian Participants:

Bank Account Number 62090698675
Beneficiary Name Administrative Staff College of India
IFSC Code SBIN0020063
Bank Name State Bank of India
Branch Address Bellavista Branch, Raj Bhavan Road, Somajiguda, Hyderabad - 500 082.

For Foreign Participants:

Bank Account Number 62090698675
Beneficiary Name Administrative Staff College of India
Swift Code SBININBB327
Bank Name State Bank of India
Branch Address Bellavista Branch, Raj Bhavan Road, Somajiguda, Hyderabad - 500 082.
Country India
Asci Logo Asci Logo

Administrative Staff College of India
Bella Vista, Raj Bhavan Road, Khairatabad, Hyderabad - 500 082, India.
Telefax (Programmes Office) : 0091-40-23324365
Mobile: 9246203535, Phone : 0091-40-66534247
Fax : 0091-40-66534356

ASCI is the first Management Development Institution set up in the country at the instance of the Government of India and industry in 1956 to impart state-of-the-art management education for practicing managers, a legacy that we proudly take forward with a strong alumni of over 1,63,000. We are proud of our alumni which includes the leaders of Indian industry and senior Civil Servants in the government, public sector undertakings to be a part of this unique organisation. We are thankful to you all for the support extended in the past and look forward to your continuing patronage in 2023-24.

Also, ASCI conducts customized programmes for Government of India, State Governments, Public Sector, Private Sector and various international organisations. Our experienced faculty bring to the table a wealth of academic credentials, rich industry exposure and act as a catalyst in the classroom discussions, case study analyses and tutorials. Our faculty also conduct international programmes which provide an exposure to the global best practices. In addition to this, faculty at ASCI also carry out large number of management research activities (typically about 100 each year) which helps them provide the much needed value addition in the training programmes. In addition, we conduct non-residential programmes at our New Delhi Centre as well as off-campus programmesat the venue of the client’s choice

College Park Campus

ASCI, Road No.3, Banjara Hills,
Hydeabad-500 034, Telangana, India
+91-40-66720700/01/02/05
+91-40-66720725

Delhi Campus

ASCI, C-24,Institutional Area, South of IIT
Behind Qutub Hotel, New Delhi-110016.
+91-11-26962204,26961750,26961850
+91-11-26866097

₹43700/-
(+ 18% GST)

  • Date

    December 15-17, 2025