SUGA Consulting Services is specialized in Insurance Software Consulting and having 20+ Man years of Track Record in the following insurance software service activities Providing Subject Matter Expertise (SME) in Property & Casualty (P&C) Insurance in Global Insurance Business Practice for various Geographies of the world USA / Canada, Europe / UK, Middle East Countries, Asia Pacific Countries, India, China etc Insurance Software Product Solution designing and development Insurance Software Project Management for Insurance Software Projects Insurance Software Requirement Management Services Insurance Business Analysis and consulting Services and Client handling in various SDLC of the Insurance Projects Business Requirements, Insurance System Designing, Development, Implementation Insurance Software Testing Services

1. By
N.Sugavanam, M.A., MBA, F.I.I.I,
CEO & Chief Strategic Consultant
SUGA Consulting Services
nsugavanam@gmail.com
sugaceo@suga-consulting-services.com
Mobile: AirTel: 99400-58497
BSNL: 94454-37117

2. Industrial Risk Management
 The Scope and Objectives of Risk Management in
Industries and Business
 Risk Management Processes
 Risk Identification
 Risk Evaluation
 Risk Avoidance, Reduction and Loss Control
 Risk Retention
 Risk Mitigation
 Risk Transfer and Insurance
Sunday, April 22, 2012 SUGA = Success Unlimited Guaranteed Always... 2

3. Risk Management through Insurance
 Insurance protects the Industrial Organizations from
financial loss, and saves the organizations from
Financial Risks
 Premium is the consideration paid by industrialists to
protect the organisation from Financial risk
 Sum Insured is the coverage provided by Insurance
companies from Financial loss or damage
 Insurance Policy Contract describes all the details of
Coverages, Exclusions, Conditions and Warraties
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4. Introduction to Industrial Insurance
 Essential Laws Governing Insurance
 The Insurance act, 1938(As amended)
 Life Insurance act, 1956
 General Insurance Business (Nationalisation) Act, 1973.
 Insurance Regulatory & Development Authority
Compliances
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5. Essential Laws dealing with
Insurance
 Motor vehicles Act, 1963 & 1988.
 The Inland Steam Vessels Act, 1917 (as amended).
 Marine Insurance Act, 1963.
 The Carriage of Good by sea Act ,1925
 The Merchant Shipping Act, 1958.
 The Indian Railway Act,1890(as amended)
 The Carriers Act,1865
 The Carriage by Air Act, 1972.
 Multi Modal Transportation Act,1993
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6. Essential Laws dealing with
Insurance – contd…
 Employees Stamp Act, 1899.
 Consumer Protection Act,1996
 Lok Adalats
 Pubic Liability Insurance Act, 1991.
 Exchange Control Regulations
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7. Insurance Products / Schemes Required
for Industries / Business - 1
 Fire Insurance Coverage
 Standard Fire Policies –Specified Perils vs All Risks
 Reinstatement Value Policies
 Building in Course of Construction / Erection
 Consequential Loss (Fire) Insurance
 Type of Marine Policies
 Marine Cargo Insurance
 Marine Hull Insurance
Sunday, April 22, 2012 SUGA = Success Unlimited Guaranteed Always... 7

8. Insurance Products / Schemes Required
for Industries / Business - 2
 Industrial All Risk Insurance
 Project And Advance Loss of Profits Insurance
 Motor Insurance
 Third Party Insurance on Inland Vessels
 Personal Accident Insurance
 Mediclaim Policies
 Burglary Insurance
 Legal Liability Insurance
 Fidelity Guarantee Insurance
Sunday, April 22, 2012 SUGA = Success Unlimited Guaranteed Always... 8

9. Insurance Products / Schemes Required
for Industries / Business - 3
 Engineering Insurance
 Electronic Equipment Insurance
 Computer Insurance
 Aviation Insurance
 Oil and Gas Insurance
 Satellite Insurance
Sunday, April 22, 2012 SUGA = Success Unlimited Guaranteed Always... 9

10. N.Sugavanam, M.A., MBA, F.I.I.I,
CEO & Chief Strategic Consultant
SUGA Consulting Services
nsugavanam@gmail.com
sugaceo@suga-consulting-services.com
Mobile: AirTel: 99400-58497
BSNL: 94454-37117
Sunday, April 22, 2012 SUGA = Success Unlimited Guaranteed Always... 10