
The D&O Diary is on assignment in Asia this week, with a first stop in Mumbai, India’s financial capital. My stay in Mumbai was relatively short, just long enough to once again experience the city’s rich mixture of sights and sounds and sometimes almost overwhelming energy.
The primary purpose for my Mumbai visit was to participate as a speaker at this year’s annual conference of BimaGyaan, the premier organization in India for professional liability insurance industry education and networking. (“Bima Gyaan” means “insurance knowledge” in Hindi.) It was a pleasure to be a part of this excellent event again and to see so many of my Indian friends. I would like to thank the event committee and the event sponsors for inviting me to participate again in this event. I would particularly like to thank Suresh Balakrishnan and his colleagues for arranging the details of my presence and participation in the event and for being such good hosts while I was in Mumbai.


One thing I particularly enjoyed about being a part of this event and meeting so many attendees is finding out how many enthusiastic readers of The D&O Diary there are in India. It never ceases to amaze me. I sit in Ohio and type up my posts and send them out to the Internet, and somehow people all over the world are reading them and also feeling connected to me. It was particularly fun for me to meet so many younger Indian insurance professionals who tell me they are regular readers of the blog. It is also so interesting that even though we are in different countries and working in different economies we share so many overlapping interests and professional experiences.













In addition to the BimaGyaan event, I also had the privilege and honor to participate as a speaker at a conference sponsored by the Institute of Directors at the National Stock Exchange in Mumbai. (The NSE is India’s largest stock exchange.) The overall topic of the conference was “Boardroom Finance and the Role of Independent Directors.” I delivered a keynote address in the morning discussing the potential liabilities of corporate directors and the ways to protect them through indemnification and insurance.


