Ecosystem
The FCC’s Insurance Committee plays a crucial role in advancing the insurance sector's interests and navigating the evolving landscape of regulation and innovation. Our members represent General and Life Insurance companies of the insurance ecosystem. On behalf of the industry, FCC actively advocates for pressing issues that arise within this dynamic field. By uniting all relevant participants, we create a vital connection between industry players and government agencies, policymakers, and regulatory bodies, working to shape a regulatory environment that supports growth and innovation.
Our work revolves around engaging in meaningful discussions on essential topics such as Bima Vahak guidelines, Key Industry Recommendations for IRDAI, Insurance Literacy, Underwriting Practices, Claims Processing, Risk Assessment, Cybersecurity in Insurance, Regulatory Compliance, Customer Data Protection, and the impact of InsurTech innovations. Through these discussions, we aim to enhance collaboration, share insights, and foster the sustainable development of the insurance industry.
Advocacy
FCC’s Insurance Committee advocates for regulatory and policy issues by representing to the Government of India, various Ministries and Agencies, Financial Sector Regulators, Law Enforcement Agencies, Standard Setting Bodies, and such other institutions as are relevant for these discussions. Focused working groups within the committee deliberate on instant issues that aid operational bottlenecks for the larger benefit of the ecosystem.
Events
NPCI-FCC-PCI organised Global Fintech Fest
India Digital Summit
Industry Roundtables
Closed Room Discussions/Workshops vis-à-vis Regulators/Government Agencies
Market Access Programs
Supporting startups and incumbents to gain access to emerging markets, investment opportunities, networking beyond borders, etc.
Knowledge Sessions
We host knowledge sessions for our members on regulatory and operational topics to gain clarifications and stay updated on changes and best practices.
Collaborative Initiatives
Recognizing the interconnected nature of the financial ecosystem, the FCC actively facilitates cross-committee collaborations that connect our Insurance Committee members with other committees for broader discussions. By fostering these partnerships, we encourage the sharing of insights and best practices across various sectors, enhancing the collective knowledge and resources available to address common challenges and drive innovation within the insurance industry and beyond.
Become A Member
As a pioneering RegTech firm working on multiple facets of innovation in technology, we invite you to join FCC’s RegTech Committee. Benefit from:
Networking Opportunities:
Connect with industry leaders, policymakers, and tech innovators.
Access to Knowledge Sessions:
Stay informed on compliance trends and best practices.
Market Insights & Advocacy:
Collaborate in shaping policies and influencing positive regulatory change.
Become A Partner
As an industry voice with a common goal to uphold industry best practices and promote access to markets and discussions, we invite you to become a Partner with FCC. Benefit from:
Access to Ecosystem:
Access to FCC Members for Events, Programs, Workshops, Think Tanks, Hackathons, Knowledge Sessions, etc. being organised by you
Collaborations:
Jointly work on programs and initiatives with a goal to derive common benefits
Branding:
As a Partner, FCC will share the Company logo on its website and LinkedIn