Mr. Dhiraj K Sinha, Senior Project Manager, Larive India, visited IIPM Delhi campus to deliver a lecture on “Microinsurance”. He explained the basic concept of Microinsurance and its potential in the low income group segment. He explained the various products that are covered in micro insurance. The biggest challenge according to him, is the delivery of microinsurance to the clients. Mr. Dhiraj focused on the four basic models that are followed for the delivery purpose and also explained the students about the advantages and disadvantages attached to each model. As the session ended each student had a better understanding of the subject and recognized the importance of microinsurance as a useful tool in economic development.
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