LIVESTOCK INSURANCE 2020

Why need for Specialized Seminar on Livestock Insurance?

Under the leadership of Hon’ble Prime Minister Sh. Narendra Modi the initiative taken by the present Government is to double the farmers income in India by 2022. To achieve this multi modal focus on all farming achvies is proposed with special emphasis on Allied Agricultural activities such as veterinary. Etc As the growth of Crop/ Agriculture income has limitaion therefore thinking which has emerged is that farmers/ rural population should go in for more and more of:

Dairy Farming

Poultry farming

Fishery

Rearing of Goat/ Sheep

Bee Keeping

Silk worm production

In 2019, a separate Department of Animal Husbandry & Dairying was created in the Ministry of Fisheries, Animal Husbandry and Dairying. We intend to have this important seminar to discuss the importance of livestock Insurance which is a must for supporting our farmers/ families having livestock as means for livelihood.

Target Audience will comprise of :

Officials of Ministry of Animal Husbandry

(Govt. of India)

Officials of Ministry of Animal Husbandry

(State Govt.)

Officials & Scientists of National Dairy Research

Institute, Karnal

Banks/ NBFC/ Micro Finance Institutions providing livestock loans

Insurance companies issuing Livestock (cattle) Insurance policies

Insurance Broking Firms selling Livestock (cattle) Insurance policies

Senior Management & Officials from Milk

Producer Co-operative Societies Like: Amul, Saras, Vita, Vijaya etc.

Service Providers engaged in Tagging of animals

Surveyors

Technology Companies working towards taking

Livestock Insurance to next level, when India emerges as 5 Trillion US $ economy.

Points to be covered in the Seminar are:

Livestock Risk - Should Livestock Insurance be made mandatory?

Quality of animals can be improved with investment through loans

Investment & improvement of Veterinary infrastructure is needed in a big way to support the farmers.

Product innovation is needed in Insurance.

What can we learn from other countries?

Availability of cheaper, sufficient loans is essential for growth of this part of our economy.

Why Farmers need Livestock Insurance?

Importance of Livestock Insurance is increasing as more and more loans are being provided by Banks/ NBFC/Micro Finance Companies for increasing the income of Farmers, marginal farmers in all parts of the country.Insurance of Live Stock for market value paid by the farmer is important to protect his family in the eventuality of death of animal ..

Who Should Attend the Seminar (Target Participants)

This is a good opportunity of management/ officials:

Owners of Ca_le, Poultry Farms, Sheep Farms Goat and Pig farms

Development Officers working at District/Tehsil level

Officials working in Departments of the Ministry of Animal Husbandry at national and state level

Managers and employees of insurance and Reinsurance companies

Banks/ NBFC/ Micro Finance institutions providing credit for purchase of livestock

Technology Companies working on claim settlement of Insurance

Brokers

Consultants

Students of Veterinary Colleges

Product/ Service providers connected with growth of this segment of our economy.

Accommodation:

This is non residential Programme, however good reasonable hotels/ guest houses are available in surrounding areas such as Panchsheel Enclave, Hauz Khas, Greater Kailash & South Extension. Programme Coordinator will be ready to assist you in arranging the same (if required).

Delegate Fee: Participation fee: Rs. 2000/- per participant. Individual Foreign Participant fee : US $ 125

About the Organizers:

Insurance Founda_on of India Insurance

Foundation of India (IFI) is set up under Trust Registration Act 1882 of Government of India as a Not for Profit Organization. The main objective of IFI is capacity building and promoting awareness of Insurance among people. IFI has successfully organized various Executive Development Programmes/ Skill development Programmes of International standards in India with world-class faculty.

Under CSR project supported by PNB MetLife India Insurance Company Ltd we produced a Film “Khushiyon Ki Suraksha” for spreading awareness of insurance in rural areas. It is available on https://www.youtube.com/watch?v=hzbADuIcWuU Our project “Bima Jagrukta Abhiyan” has been awarded Skoch Award as one of the 100 top Projects undertaken in India during 2016.We are approved under 80G of the Income Tax Act 1961. IFI will be pleased to be associated with CSR Project to be undertaken by you.

The best part of the Training Programmes being organized by us is that faculty comprises of those, who have up to date knowledge of working in Insurance Companies, Insurance Brokerage Firms, Insurance Surveyors & Loss Assessors, Law Firms or Insurance Buyers. This results in the sharing of practical and up to date knowledge by all stakeholders and hence up gradation of the skill in Indian Insurance Industry. This aspect is being highly appreciated in Social Media on global basis and now Insurance Foundation of India is rated as the top NGO in Insurance Training in the country and that too without Government support Recently we had a Full Day In-house Training.

What you can expect from the Seminar?

Realize the difficulties being faced by Farmers, possible solutions/ understand Government thought process and growth potential of this great sector.

Some Key Take Away for Various Stake Holders will be:

Understanding of the Needs of Farmers which will result in growth of dairy farming, fisheries,

poultry farming, bee keeping & silk worm production.

Important Issues in Livestock Insurance.

Availability of credit supported with Insurance can result in growth Role of Technology in monitoring of Claims.

Eminent Speakers addressing this Seminar:

Dr. Sanjeev Kumar Balyan, Hon’ble Minister of State Fisheries, Animal Husbandry and Dairying.

Dr. O. P. Chaudhary, Joint Secretary, National Livestock Mission and Chairman, Animal Welfare Board of India.

Dr. D. K. Aggarwal, President, PHD Chamber of Commerce & Industry.

Dr. Balla Swamy, General Manager, New India assurance Company Ltd.

Mr. Kanhaiya Lal Swami*, IAS, Managing Director, Rajasthan Cooperative Dairy Federation Ltd. (RCDF), Jaipur.

Mr. Banna Ram Meena, Chairman, Saras Dairy, Alwar

Dr. Steward Doss, Faculty Member National Insurance Academy

Mr. Jitesh Khosla, Programme Director Insurance Founda􀆟on of India, Retd. IAS, Govt. of India.

Mr. Dharmendra Kumar Sharma, Consultant Rural Insurance, Haryana State Government.

Ms. Anupama Rathore, Actuarial Analyst, MistEO India Private Limited, Thiruvananthapuram, Kerala.

Mr. Vinod Jain, Chairman, BSFI Committee, PHD Chamber

Mr. S. K. Sethi, Founder & CEO, Insurance Foundation of India

Confirmation Awaited

Programme on Artificial Intelligence in Insurance Industry held on 23 September, 2019 at Mumbai for SBI General & SBI Life. Insurance Foundation of India successfully conducted 3 Days International In house Training Programme on “Property and Marine Insurance” from 29 June - 01 July 2019 in Dhaka, Bangladesh. This was organized for Senior Management of Green Delta Insurance Company, Bangladesh. This was also a_ended by Private Insurance Companies from Bangladesh and Brokers from Malaysia. In association with Professional Advancement Bangladesh Ltd. (PABL) and Green Delta Insurance Co. Ltd., Insurance Foundation of India successfully organized 2 Days Programme in Dhaka (Bangladesh) on 26 - 27 Feb 2019 on “Transmiting Global Knowledge for Promo_ng Crop Insurance in Bangladesh”. Our 2 Days Extensive International Training Programme on “Crop Insurance” on 19 - 20 Nov. 2018 in New Delhi was a great success and was extensively covered in social media. There was a tremendous response from Foreign Regulator, Insurance Companies, Insurance Brokerage Firms, State Government Agriculture Ministry Officials (who buy insurance), Micro Finance Companies, Reinsurers, Media, Agricultural Analysts, Technology Companies. In additton to participants from all over India we had the proud privilege of having participants from all over India and from various countries such as Jordan, Kenya, Sri Lanka and Nepal.

PHD Chamber of Commerce & Industry

PHD Chamber of Commerce and Industry, established in 1905, is a proactive National Apex Chamber working at the grass-root level and with strong national and international linkages. The Chamber acts as a catalyst in the promotion of industry, trade and entrepreneurship.

PHD Chamber, through its research-based policy advocacy role, positively impacts the economic growth and development of the nation. PHD Chamber is more than an organisation of the business community, as it lives by the chosen mo_o In Communitys Life & Part of It and contributes significantly to socio-economic development and capacity building in several fields.

‘’PHD Chamber of Commerce and Industry”

PHDCCI is one of the Premier Chambers in India to have been accredited with “Diamond Grade” by NABET (QCI), at national and international level. PHDCCI is a National Apex Chamber having its international office at Bahrain for 6 GCC countries, with 1,30,000 companies as its members base, as total focus on the development of small and medium businesses. PHDCCI has co-opted National and Internatoonal Industry Associations and Organisations through over 100 MoUs signed between the parties.’’

Tailor made Training Programmes:

We will be pleased to conduct Training Programme as per your requirement at your location. Let us know your requirement at vp@ifingo.org

Any Query or Registration for this Training Programme, Please Contact :

Mr. Mahender Soni (Programme Co-ordinator)

INSURANCE FOUNDATION OF INDIA

Om Plaza, 430/7, 1st Floor

Sant Nagar, East of Kailash

New Delhi - 110065

Mob: 7678689961 Phone: 011-46581577

Email: vp@ifingo.org

Web: www.ifingo.org