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Chief Guest
- Smt. Droupadi Murmu Hon'ble President of India
In The August Presence Of
- Shri Mohan Charan Majhi Chief Minister Odisha
- Dr Mukesh Mahaling Minister, Health and Family welfare, Parliamentary Affairs, Electronics & Information Technology Odisha
- Shri Suryabanshi Suraj Minister, Higher Education, Sports & Youth Services, Odia Language Literature & Culture Odisha
Prof. Chia Tek Yew
Adjunct Professor
NUS - Asian Institute of Digital Finance
Tek Yew has more than 30 years of consulting experience and is a subject matter expert in multiple aspects of financial services, including working with central banks and regulators across Asia and the Middle East.
He is now an Adjunct Professor and Advisor to the National University of Singapore's Asian Institute of Digital Finance, a collaboration between the Monetary Authority of Singapore and the NUS. Additionally, he also serves as a senior advisor to Boston Consulting Group as well as the ASEAN Bankers’ Association.
Prior to this, he was Vice Chairman of Oliver Wyman Singapore and had held senior positions in KPMG, Hewlett Packard Consulting & Integration and PwC Consulting East Asia.
Speaking at
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12:15–1:15pmThu 5 FebBlack Swan DebatesCentral HallPremium
Accelerating Sector Transformation
Benchmarking Odisha's insurance ecosystem: A Debate on the Feasibility of Odisha Becoming India's Testing Ground for Inclusive InsurTech Innovation?
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Amol GuptaFounder & Managing DirectorAdvanze
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Harshad BhojaneFounder & Chief Executive OfficerShoveltech Solutions Pvt. Ltd.
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Kartik PoddarChief Business OfficerSymbo Insurance
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Vyasa Krishna BurgupalliChief AdviserReesecure
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Prof. Chia Tek YewAdjunct ProfessorNUS - Asian Institute of Digital Finance
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Arjun Vir SinghPartner, Global Head of Fintech & Digital AssetsArthur D. LittleModerator
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Prof. Chia Tek YewAdjunct ProfessorNUS - Asian Institute of Digital FinanceChair
About this session
India's "Insurance for All by 2047" vision demands innovative approaches to reach underserved populations, particularly MSMEs, informal workers, and low-income households facing significant protection gaps. This session examines Odisha's potential role in achieving this national goal through InsurTech innovation and regulatory experimentation.
Rather than relying solely on traditional models from established players, the discussion explores whether Odisha can position itself as an ideal sandbox for testing scalable, affordable insurance products. Panelists will debate the regulatory frameworks, public-private partnerships, funding mechanisms, and talent strategies needed to attract InsurTech innovation to the state, and whether breakthrough solutions developed in Odisha could serve as blueprints for national deployment toward the 2047 vision.
Key discussion questions include:
National Vision & Odisha's Role: What are the most critical barriers preventing "Insurance for All by 2047" from becoming reality? What unique role can Odisha play in achieving this national goal that established hubs cannot?
Regulatory Innovation:Is Odisha optimally sized to serve as a regulatory sandbox for insurance innovation? What specific regulatory flexibilities or frameworks would enable rapid InsurTech experimentation?
Product Innovation & Scalability: Can InsurTechs in India develop genuinely scalable, affordable products? What role should public-private partnerships play in subsidizing or de-risking product development for underserved segments?
Ecosystem Development: What would it take to attract InsurTech founders, investors, and talent to build in Odisha? Beyond funding, what infrastructure, talent pipelines, and support systems are essential?
Commercial Viability: How do we ensure testbed innovations become commercially viable rather than perpetual experiments? What metrics should define success for Odisha as an InsurTech testbed by 2030? -
