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:
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First ‘Liability Insurance’ for a technology company in 1999 in India;
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First ‘Directors and Officers Liability Insurance’ (D&O) Policy in Sri Lanka;
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First ‘Cyber Security’ Policy for a technology company in 2008;
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One of the first ‘Cyber Security’ Policy for a bank in 2014;
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Managed the largest Public Offering of Securities Insurance (POSI) in 2007-08 in India for a limit of USD 200,000,000;
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Structure of technology companies to stabilize and manage risk;
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Cyber Security tool for insurer and insureds benchmarked against global standards;
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Health Insurance Forensic tool, a unique tool in India;
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Risk Management and Insurance Programme for HDFC Bank since 1996;
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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
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B.Com
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B.A.
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ICWA (inter)