Live
- BJP releases ‘charge sheet’ against BJD govt
- District Nodal Officer Venkataramana announced the intermediate results
- She team that stopped child marriages
- Medical devices sector needs separate rules, says industry body AiMeD
- Andhra Paper declares lockout
- Opposition INDIA bloc working on 'one year, one PM' formula: PM Modi
- Delhi HC quashes FIR for outraging woman's modesty, orders man to assist Traffic Police for a month as settlement
- 'Apologise to families of farmers who committed suicide in Vidarbha', Amit Shah dares Sharad Pawar
- SC Collegium recommends appointment of a permanent judge in Chhattisgarh HC, extension of term of two judges
- U20 Men's football nationals: Telangana, Sikkim earn full points with easy win
Minimise risk rather than relying on insurance
In collaboration with Bharat Reinsurance Brokers Private Limited, Chennai, a pioneer in insurance consulting and claims management in India, Sri City conducted an executive session on Risk Management for Businesses on Friday
Tirupati: In collaboration with Bharat Re-insurance Brokers Private Limited, Chennai, a pioneer in insurance consulting and claims management in India, Sri City conducted an executive session on Risk Management for Businesses on Friday.
The founder of Shriram Group R Thyagarajan, delivered the keynote address. Encompassing different aspects of general insurance coverage for business enterprises, he outlined the origin and status of general insurance in the country, risk management and role of insurance brokers in developing a risk management culture.
He called upon the industries to focus on minimising the risks by adopting proper safety and security measures, rather than depending on insurance and claiming compensation.
Giving a talk on cyber risks, Director, Global Strategy & Special Projects, Bharat Reinsurance Brokers, TL Arunachalam, said that besides property and other usual risks, cyber risk was an emerging major risk, which needs to be recognised and adequately covered.
The founder MD of Sri City Ravindra Sannareddy has said that insurance plays a key role in mitigation of risks and insurance broking plays a significant role in offering significant value to enterprises in managing their risk effectively.
Chief Financial Officer of Sri City R Nagarajan gave a welcome address and explained the intent of organising the session. About 80 senior executives from different units of Sri City attended the session.
