Mumbai, June 29 -- technology defences for the insurance sector.

The MoU was signed by Prof. S.V Kulkarni, Dean-R&D, IIT- Bombay and Mr. Vishal Bhatia, Chief Information & Digital Officer, SBI Life Insurance in presence of Prof. Shireesh B Kedare, Director, IIT-Bombay; Mr. Abhijit Gulanikar, President - Ops & IT, SBI Life; Mr. Subhendu Bal, President - Chief Risk Officer, SBI Life; Mr. Balaji Venketaswar, Professor of Practice, IIT-Bombay; Prof. Ganesh Ramakrishnan, Chair Professor, Department of CSE, IIT-Bombay & Founding Director, BharatGen; and Mr. Pravin Ghate, EVP & Head - Infra Core, Cloud & CITSO among other respected dignitaries.

India's insurance premium growth is forecasted at 6.9% annually until 2030, making it the strongest gr...