The Department of Professional Studies CHRIST (Deemed to be University) conducted a Risk Management Conclave and Business Fest CRESCENDO 2020 at the Bangalore City Campus.
The event was the first of a kind program at the National level being conducted at ina University Campus bringing together various colleges, Professional Insurance Educational Bodies, Insurance Industry, and Corporate world on the same platform.
Top officials from IRDAI Hyderabad, NIA Pune, BIMTECH Delhi, III Mumbai, CII Mumbai, Ernst &Young, Pondicherry University, LIC of India Policy Inn, Grant Thornton, Oriental Insurance, National Insurance Muscat, J B Boda, Bharti Axa, Policy Inn, Broking Firms, were some of the organizations who participated in the event.
The event showcased various seminars and panel discussions on the theme of protection in the field of cybersecurity, Disaster Management, Personal lines of Protection in Morbidity, Mortality, and Financial Stability, Health Care Management, Insurance research in Academia, Industry and Academia gap and the solutions for the same.
Students from within the city and outside participated in the various Risk Management rounds and the Business Quiz which was conducted by the Professional Quiz Master Mr. Ravi Seshadri vice president of Bharti Axa.
The idea of the conclave was to spread Insurance Education and Opportunities through the Interface of Academia and Corporate world and make the learning of insurance and risk management outside of the classroom discussions and to help the students experience the application of the concepts learned true interaction with the experts thereby help in the penetration of Insurance and also create an environment of innovative disruption in this field by preparing the young minds in academia in India.
The following topics were discussed by eminent personalities, providing students of Insurance an insight into the world of Realty by champions from their respective fields and domain expertise,
1. Healthcare management in India- Challenges and Opportunities in the emerging scenario
2. Cyber Security- challenges faced by individuals, corporate world, and Government, Enabling solutions in the use of technology.
3.
Risk management Plan in Personal Lines of protection covering Morbidity, Mortality, and Financial Stability
4. Disaster Management – Emerging Risks, Challenges, Solutions and action Plan
5. Academia as a support system for Industry- Existing Gaps and way forward in the field of Insurance & Risk Management
6. Academic Research Initiatives In Risk Management – Keeping pace with emerging trends, Ideation, Incubation and Networking Opportunities
The Inaugural session was attended by the vice-chancellor of CHRIST University Father Dr. Abraham VM, Zakir Thomas principal commissioner income tax Karnataka Mr. Bhaskar Rao Bangalore city police commissioner and various CEOs and Vice Presidents from the Industry.
The concluding ceremony and the valedictory was graced by Pro VC FrDrJose C C, Dr. Mamta Suri, CGM Finance IRDAI, and Mr. Alvin Kressler, ED & CEO CMT New York.
According to Prof Biju Toms, Director of the Department of Professional Studies conclaves and opportunities to connect with Experts from the Industry is a very significant aspect of the redefined style of educating the students of Insurance and Finance.
Head Of the Department Dr. Kavita Desai urged the young minds to focus more on the research and innovation in the field of Insurance and Risk Management
The event Director Prof Jossy Peter felt that the way forward for Insurance in India is through networking and coming together of Experience and youth and Academia and Industry and through improved versions of CRESCENDO every year.
