IRDAI Constitutes 10 member Working Group Under Smt. T. L. Alamelu to Recommend Loss Prevention and Loss Minimization in General Insurance Industry

The insurance regulator, Insurance Regulatory and Development Authority of India (IRDAI) has constituted a Working Group to make recommendations for loss prevention and loss minimization in the general insurance industry.
The WG will be headed by IRDAI Member (Non-Life), Smt T. L. Alamelu.

Role & Responsibility of the Working Group

Suggest segment-wise ways and means to improve Loss Prevention and Loss Minimisation in insurance.
Evaluate current practices followed by insurance industry in the area of Loss Prevention and Loss Minimisation and suggest ways to synergise the activities in order to ensure better Loss Prevention and Loss Minimisation.
Give recommendations for promoting research, education and services related to Loss Prevention and Loss Mitigation.

Memebrs of the Working Group

Smt. T. L. Alamelu , Member (Non-Life), IRDAI, Chairperson
Shri. G. Srinivasan, Director, National Insurance Academy, Member
Shri. Kunnel Prem, CEO, IIBI, Member
Shri. M. Nagaraja Sarma, Secretary General, General Insurance Council, Member
Shri. C. S. Ayyappan, Deputy General Manager, New India Assurance Co. Ltd, Member
Shri. Girish Gangadharan, Senior Manager, GIC Re, Member
Shri. Thangaraju Mallan, Senior Vice President – Corporate Underwriting – HDFC Ergo General Insurance Co. Ltd., Member
Shri. Ramanan V, Appointed Actuary & SVP, Max Bupa Health Insurance Co. Ltd., Member
Shri. S K Jain, Vice President, Insurance Brokers Association of India, Member
Smt. Yegnapriya Bharath, Chief General Manager (Non-Life), IRDAI, Member Convener