Suresh Balakrishnan

EXPERIENCE
Mr. Suresh Balakrishnan has extensive experience while working exclusively in the insurance, reinsurance and risk management industry for 25 years in India.

    He has done pioneering work in the following aspects:

  • First ‘Liability Insurance’ for a technology company in 1999 in India;
  • First ‘Directors and Officers Liability Insurance’ (D&O) Policy in Sri Lanka;
  • First ‘Cyber Security’ Policy for a technology company in 2008;
  • One of the first ‘Cyber Security’ Policy for a bank in 2014;
  • Managed the largest Public Offering of Securities Insurance (POSI) in 2007-08 in India for a limit of USD 200,000,000;
  • Structure of technology companies to stabilize and manage risk;
  • Cyber Security tool for insurer and insureds benchmarked against global standards;
  • Health Insurance Forensic tool, a unique tool in India;
  • Risk Management and Insurance Programme for HDFC Bank since 1996;
  • Recently partnered by Professional Liability Underwriting Society (PLUS), the only partners for PLUS across the world for the event for Liability Insurance under the Bima Gyaan Series.

Suresh, being a protagonist in this domain, propagates setting up of an ADR under one of the arbitration councils dedicated to insurance to resolve insurance disputes expeditiously.

Education

  • B.Com
  • B.A.
  • ICWA (inter)

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