Interviews
“We are more focused on improving the pricing and the other terms and conditions” Alice Vaidyan, CMD, GIC Re

“We are more focused on improving the pricing and the other terms and conditions” Alice Vaidyan, CMD, GIC Re

“When I began my term as the CMD of GIC Re, I had two  goals for us- to be a Top 10 Global Reinsurer and to deliver consistent underwriting profit. And I am proud to say that GIC  Re has been ranked as the 10th largest Reinsurer in the latest S&P rankings. I realize that it is not enough to be a `Top 10 Reinsurer’ only on the metric of size but to deliver value to our clients, shareholders and business partners.’’ 

“Rapid technology growth compelling pragmatic shift in India’s risk mitigation landscape”

Insurtech has already arrived in India and is disrupting the traditional value chain of the insurance industry. The industry is fundamentally changing because of the impact of technology such as Artificial Intelligence, Internet of Things, blockchain, big data, and Robotic Process Automation. The insurtech universe can be segmented into four broad categories – Product & Distribution, Business Process Enhancement, Data & Analytics, and Claims Management.