Themes

Suggested Issues for Review & Discussion

Ø Life Insurance in India Revisit
Ø Public vs. Private Insurance Companies A Comparative Study
Ø Future Prospects of Rural Insurance in India
Ø Bancassurance Problems and Prospects
Ø Ombudsman Strategies for Effectiveness
Ø Problems and Prospects of General Insurance
Ø Social Sector Insurance Problems and Prospects
National Conference on
Ø Micro Insurance in India Insurance Industry in India : Agenda for Future
Ø Regulatory Framework of Life/Non Life Insurance Need for Modifications
Ø Impact of Globalisation on Indian Insurance Industry
Ø E-management in Insurance Sector
Ø Human Resource Management in Insurance Industry April 16 - 17, 2011
Ø Marketing Innovations in Insurance Products
Ø Customer-Relationship Management in Insurance Industry
Ø Corporate Governance in Insurance Companies
Venue : K. N. Udappa Auditorium, BHU
Ø Life/Non-Life Insurance in India Roadmap for Future
Ø IRDA A Critical Review
Ø Health Insurance Portability Some Issues

Organising Committee
Conference Chairman : Prof. V. S. Singh, Head & Dean,
Faculty of Commerce, B.H.U., Varanasi
Mobile : 9415256053,
e-mail : vssingh_bhu@yahoo.in
Conference Director : Prof. O. P. Rai, Co-ordinator, MFM-RI
Mobile : 9450960757
email: prof.oprai@gmail.com
Joint Director : Ms. Kiran Gupta
Varanasi Insurance Institute
Mobile : 9450950895
email: kiran_gupta10@licindia.com
Organising Secretary : Prof. H. K. Singh
Mobile : 9415264509 Jointly Organised by
email: hksinghmeera@yahoo.co.in
Treasurer : Prof. J. S. Mathur Faculty of Commerce
Joint Secretary : Dr. B. K. Singh
Dr. (Mrs.) Priyanka Gite Banaras Hindu University
Dr. S. C. Das &
Dr. Rohan Rai Varanasi Insurance Institute
Varanasi-221005
 The insurance sector, as other sectors of Indian economy, was a highly regulated and
controlled one, during the pre-LPG era. Though these regulatory policies contributed to
orderly growth and stability of the market, the pace of progress was very slow and far from
satisfactory. With the opening up of the insurance sector following the economic liberalization,
the number of participants has gone up from only 6 insurers in 2000 to 47 insurers operating
in the life, non-life and reinsurance segments today. The entry of private players has intensified
competition not only between the private and public sector companies but also amongst the
public sector companies. This competition has led to development of new insurance
products, reduction of premium, improved customer service, increased visibility through print
& electronic media ultimately leading to additional benefits for the insuring public. Though the
Indian insurance industry is working hard to intensify its insurance penetration in the country,
the overall scenario is still not rosy. In 2009, the insurance density (i.e., premiums per capita)
in India was 54 USD which was very low as compared to UK (4579 USD), Japan (3979 USD),
USA (3710 USD) or world as a whole (595 USD). Similarly, the insurance penetration (i.e.,
premium as a % of GDP) in India was 5.20% as against 12.90% of UK, 9.90% of Japan, 8% of
USA or 7% of world as a whole in 2009. Lack of awareness on the part of the general masses
regarding the benefits flowing from the insurance and non-availability of insurance services to
a large segment of the population are the main causes of painful pace of progress.
Thus, the most important challenge before the Indian insurance industry today is to
generate required level of awareness about the benefits of insurance to the populace living in
semi-urban and rural areas and take necessary steps to ensure the reach of insurance to the
rank and file of the society. Furthermore, with the rising income in the country, the need for
insurance is bound to rise and this provides opportunity for the industry to tap this growing
need and provide insurance cover, both life and non-life, to the large masses of this country.
Considering this pertinent issue as being of national importance, in commemoration of
150th birth anniversary of Pt. Madan Mohan Malviya, the Faculty of Commerce, Banaras Hindu
University in collaboration with Varanasi Insurance Institute, Varanasi is organizing a national
conference on “Insurance Industry in India: Agenda for Future” to discuss the current
health of insurance industry, its problems and future plans for its comprehensive and inclusive
growth.
Banaras Hindu University
Banaras Hindu University, India's No. 1 University, is situated to the south of Varanasi, half
a mile away from the bank of holy river Ganga founded by the great nationalist leader and
visionary par excellence Mahamana Pandit Madan Mohan Malviyaji in 1916. It is the largest
residential University in Asia which offers quality education in one campus in almost all the
branches of learning. The University has 4 institutes, 17 faculties and more than 140 teaching
departments, 4 interdisciplinary schools, 1 undergraduate college for women, Mahila
Mahavidyalaya and 65 hostels catering to around 29,000 students coming from various parts
of the country and abroad.
Faculty of Commerce
Faculty of Commerce, registering its existence in 1940 as a part of Department of Economics,
acquired the status of a separate Department in 1950 and further of the Faculty in 1965. Since
then, the Faculty has been engaged in imparting business and entrepreneurial education
through its various courses and programmes. A large number of the alumni of the Faculty hold
today prestigious positions in different governmental and non-governmental
organizations/institutions of the country. At present, the Faculty runs the following courses
and programmes : (i) Doctoral programme in different areas of Commerce (Ph.D.) (ii) Two-
year Master programme in Commerce (M.Com.) (iii) Two-year Master programme in Financial
Management (M.F.M.) (iv) Two-year Master programme in Financial Management (Risk and
Insurance) (M.F.M-R.I.) (v) Two-year Master programme in Foreign Trade (M.F.T.) (vi) Three-
year Bachelor of Commerce (Hons.) [B.Com. (Hons.)] at Main Campus as well as RG South
Campus, Barkachha, Mirzapur (vii) Three-year Bachelor of Commerce (Financial Market
Management) [B.Com. (Hons.) F.M.M.] at RGSC, Barkachha, Mirzapur (viii) One-year PG
Diploma in Insurance Management (P.G.D.I.M.) at RGSC, Barkachha, Mirzapur.
Varanasi Insurance Institute
Varanasi Insurance Institute (1962) is a local associated institute of Insurance Institute of
India, Mumbai. Insurance Institute of India, formally known as Federation of Insurance
Institute (J.C. Setalvad Memorial) was established in 1955 for the purpose of promoting
insurance education and training in the country. It is the only professional insurance institute in
India and is a charter member of the Institute of Global Insurance Education (www.igie.org).
Besides other academic activities, the Institute conducts qualifying examinations at three
levels Licentiate, Associateship and Fellowship and also organizes training programmes from
time to time to different insurance employees and executives for updating their knowledge and
sharpening the skills. Varanasi Insurance Institute is the centre for the nine districts of Varanasi
Division. It has around 2,000 lifetime members, 194 Associates and 55 Fellows (Life and Non-
Life).
Call For Papers
Research Papers/Articles and Case Studies from practitioners, academicians, research
scholars and students are invited for presentation in the national conference in hard as well as
soft (in MS Word, Font : Times New Roman, 12 size and 1.5 line spacing) copies. The full
paper along with abstract (in maximum two hundred words) must reach Prof. H. K. Singh,
Organising Secretary, National Conference on Insurance Industry in India: Agenda for
Future, Faculty of Commerce, B.H.U., Varanasi-221005 latest by April 05, 2011. The
papers can also be sent through E-mail at ncii2011@gmail.com
Registration Fees
Upto March 31, 2011 After March 31, 2011
Academicians/Executives Rs. 1,000/- Rs. 1,600/-
Research Scholars/Students Rs. 800/- Rs. 1,400/-
Accompanying Guest Rs. 500/- Rs. 800/-
Certificates for paper presentation will be issued only to the registered delegates. The
delegates are required to submit the registration form duly filled in along with registration fee in
Cash or through Cheque/Draft in favour of “Treasurer, NCII 2011” payable at Varanasi.
Accommodation
Accommodation will be provided, on request, to the delegates in the University Guest
House/Hotels on payment basis.