Strategic Excellence in General Insurance

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

Programme Overview

The insurance sector in India is experiencing significant changes due to the entry of new players, technological progress, and shifting customer expectations. Traditionally, a few large insurers dominated the market. Now, Insurtech startups, digital-first insurers, and global companies are increasing competition.

Artificial Intelligence (AI) and data analytics are transforming underwriting, claims processing, and customer service, resulting in faster and more personalised experiences. Customers today want transparency, convenience, and customised products and are using bancassurance and multichannel distribution for easier access.

This demand is pushing insurers to innovate rapidly. Partnerships between insurers and tech companies are rising, blending competition with collaboration. Increased financial literacy has also led to more selective customers and higher mis-selling cases, prompting stronger regulation by IRDAI.

A Management Development Programme (MDP) becomes essential to equip professionals to manage emerging opportunities, dynamic risks, and strategic complexities in the BFSI ecosystem.

Objectives

To provide insights on changing regulatory frameworks and risk management in the BFSI, especially Insurance.
To explore digital transformation for financial inclusion and innovative marketing in general insurance.
To help participants identify new career opportunities in the diverse BFSI sector.

Key Benefits Include

Cross-functional learning promoting strategic thinking & leadership.
Interactive sessions that convert theory into practical insights.
Experienced ASCI & industry faculty delivering real-world perspectives.
Residential format for deep learning and cohort engagement.
Certificates of Participation & ASCI Alumni Membership.

Content

Fundamentals and Insurance Market Landscape.
Regulatory & Legal Framework in Non-Life Insurance.
Product Innovation in Non-Life Insurance.
Risk Assessment, Underwriting, Claims Management & Fraud Control.
Bancassurance, Broking, Agency & Digital Distribution.
Digital Transformation for Customer Experience & Servicing.
Leadership, Performance Metrics, and Incentive Structures.
Financial Management & Solvency in General Insurance.
ESG, Sustainability & Inclusive Insurance.
Case Studies: Bima Vistaar, Bima Sugam, Bima Vahak.

Methodology

The programme uses expert lectures, case studies, simulations, group exercises, and real-world discussions for immersive learning.

Faculty

Delivered by ASCI faculty, senior bureaucrats, CEOs, industry experts, legal and technical advisors with extensive leadership and BFSI domain experience.

Participant Profile

Ideal for junior, middle, and senior executives, managers, and administrators from public and private sector organisations looking to enhance insurance and risk management capabilities. Organisational sponsorship is essential.

Venue

Fully residential with air-conditioned single rooms. Family accommodation is not provided. Campus is fully Wi-Fi enabled.

Duration

December 15–17, 2025. Participants should arrive a day before commencement.

Programme Fee

Residential Fee: Rs. 43,700/- (US $683) + GST (18%).
Non-Residential Fee: Rs. 37,700/- + GST (18%).

10% discount for three or more nominations paid before December 11, 2025.

Bank Details

For Indian Participants:
Account No: 62090698675
Beneficiary: Administrative Staff College of India
IFSC: SBIN0020063
Bank: State Bank of India, Bellavista Branch, Hyderabad

For Foreign Participants:
Account No: 62090698675
Swift Code: SBININBB327
Bank: State Bank of India, Bellavista Branch, Hyderabad, India

Medical Insurance

Participants must carry valid medical insurance.

Last Date for Nomination

Last date: December 08, 2025.

Last Date for Withdrawal

December 11, 2025. Withdrawals after this date will result in fee forfeiture.

ASCI Alumni Association

Participants automatically become members of ASCI Alumni Association.

Certificate of Participation

A certificate will be issued upon course completion.

Programme Director

Dr. Ashok Kumar Patnaik
Professor – CHRD, ASCI
Email: ashok.kumar@asci.org.in
(+91) 9381336963

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

About ASCI

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 1,76,500. 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 2025-26.

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 programmes at the venue of the client’s choice.

College Park Campus

ASCI, Road No. 3, Banjara Hills,
Hyderabad - 500 034, Telangana, India

Phone: +91-40-66720700 / 01 / 02 / 05

Fax: +91-40-66720725

Delhi Campus

ASCI, C-24, Institutional Area, South of IIT,
Behind Qutub Hotel, New Delhi - 110016

Phone: +91-11-26962204, 26961750, 26961850

Fax: +91-11-26866097