Guest Lecture on Opportunities in Insurance Sector

Introduction:

Insurance in India refers to the market for insurance in India which covers both public & private sector organizations. It can only be legislated by the central government. 

Insurance sector is composed of companies that offer risk management in the form of insurance contracts. One party i.e. the insurer guarantees payment for an uncertain future event. Whereas another party i.e. the insured or policy holder pays a smaller premium to the insurer in exchange for that uncertain future protection.

Insurance is one of the most growing sector in India, so lot number of job opportunities are available their in this sector. To make our students aware about various job profiles in this Insurance Sector, we have organized this guest lecture on 11th April 2018.

Guest Speaker:

Mr. Devendra Mane is a X-vice president of Channel Development & Quality Assurance. Now he is running his own business in insurance field. Beside all this he is also a good runner, excellent pacer and a running coach as well. He has achieved many world record at this young age.

About Session:

Mr. Devendra Mane explained the importance of financial planning and how buying an insurance policy will provide financial assistance & security to the policy holder. He also explained various sectors available in Insurance industry, and what job profiles are required at each of these sector.

He specifies that being a life insurance agent is a part time as well as full time job. Therefore even students can become agents and get the benefit of earning while learning.

He listed and elaborated various companies working in this insurance sector. He also explained the different types of insurance like life insurance, general insurance, etc. He again explained the difference between public & private sector insurances.

At the end students were asked for questions they are having in there mind, and at the same time he answered to their questions.

The session ended with the vote of thanks proposed by Mr. Sumit Ambre (MMS Ist year student).