A Seminar on “Insurance Awareness” has organized by Department of Commerce (Banking and Insurance), Auxilium College in collaboration with Life Insurance Corporation of India, Vellore Division on 6th October, 2016. Welcome address and Introduction of Chief Guest was given by Dr. S. Shrilatha, Head in Charge, B. Com (Banking and Insurance), the brief history of LIC and its growth of 60 years was addressed to the gathering by Ms. M. D. Lalith Priya, Assistant Professor. The Inaugural address was given by Shri. B. Murthy, Marketing Manager, Vellore Division, Highlighting the importance of Insurance in day to day life of every human being.
There were two technical sessions. The first session was addressed by our respected Chief Guest Shri. Y. Venkateswarlu, Senior Divisional Manager, Vellore Division, he is acting as leader for four districts and one union territory, namely Vellore, Thiruvannamalai, Cuddalore, Villupuram and Pondicherry. His session was focused on family economy, needs and the importance of savings in our life. Further, he motivated the students to save money through insurance.
This session also highlighted the role of the insurance company in compensating the claims to the policy holders. The second session was handled by Shri. S. Govindraj, Manager, Sales, Vellore Division, highlighted the information about job vacancy and qualifications required to apply for the job. He also emphasized the role of LIC agents played in the insurance field to the students. The seminar was concluded by proposing a vote of thanks by Ms. S. S. Prithivi, M. Phil, Research Scholar.