Fri, Jul 28, 2017 | updated 02:15 AM IST

HDFC ERGO organizes first insurance awareness award junior quiz for GenZ

Updated: Sep 28, 2016 16:49 IST      
HDFC ERGO organizes first insurance awareness award junior quiz for GenZ

Mumbai [India], Sept.28 (ANI-Newsvoir): HDFC ERGO General Insurance Company, India's leading non-life insurer, organized a novel quiz competition, the HDFC ERGO Insurance Awareness Award Junior - Quiz, for the school students of Mumbai.

The quiz, conducted on the 14th Foundation Day of HDFC ERGO, is a first-of-its-kind, which witnessed G. D. Somani Memorial School emerge as the winner to bag the prize with Rs. 150,000 and Smt. Sulochanadevi Singhania School claiming the title of first runner ups to take home prizes worth Rs. 75,000.

TheHDFC ERGO Insurance Awareness Award Junior - Quiz is a learning initiative to develop the skillset of insurance among the school students and prepare them with the responsibility to manage the unforeseen risks of the future.

The penetration of general insurance in India is about 0.7 percent only, as against the world average of 2.77 percent. Given the low penetration, in any catastrophic event, the insurance losses are only in the range of approximately seven percent of the total economic losses.

This low penetration causes major hardship in any rehabilitation effort. This is largely due to the very low awareness about insurance and insurance products. Therefore, taking a step forward, we have reached out to the young minds, who are the future of India, through the HDFC ERGO Insurance Awareness Award Junior - Quiz.

The idea of the quiz is to build the awareness on insurance in the form of a challenge that would make it fun and easy for the students to understand.

The quiz was structured in two rounds - the semi-final elimination round, wherein 18 schools participated, and the grand finale.

Fighting their way through the semi-final round, 4 teams paved their way to the finals to claim the title of the first edition of the HDFC ERGO Insurance Awareness Award Junior - Quiz 2016.

Talking about the HDFC ERGO Insurance Awareness Award Junior - Quiz, Mr. Deepak Parekh, Chairman, HDFC Ltd. & HDFC ERGO General Insurance said, "Given that today's generation is inquisitive and open to explore complex concepts, we believe knowledge of insurance can be imbibed by school students of standard 8th& 9th. The HDFC ERGO Insurance Awareness Award Junior - Quiz is an innovative initiative, designed to help students understand the concept of risks and insurance in an exciting and engaging manner at an early stage in life. It was an overwhelming experience to witness this battle of wits amongst the young and bright minds."

Speaking at the Grand Finale of the HDFC ERGO Insurance Awareness Award Junior - Quiz, Mr. Ritesh Kumar, Managing Director & CEO, HDFC ERGO General Insurance said, "It is our constant endeavor to be a knowledge centric organization and contribute in the "Insurance Awareness Drive". Hence, we took a step forward and reached out to the young minds in renowned schools of Mumbai through our new initiative "HDFC ERGO Insurance Awareness Award Junior - Quiz". We aspire to inculcate the insurance knowledge amongst the young generation. We are glad to receive an overwhelming response from schools and this has encouraged us to scale up the ambit of this initiative to pan India for next year."

The quiz was held in phases; wherein the best schools in Mumbai were invited to nominate a team of three students for the preliminary rounds in the first phase. As part of this phase, Insurance Awareness townhalls were conducted by HDFC ERGO representatives, at the participating schools, explaining the concept of Insurance. The students were also provided booklets on Insurance to help them understand the topic in greater detail, during the townhalls. After a rigorous screening process, 18 schools were qualified for the semi-finals. These 18 schools had to slug it out in an exciting semi-final round, held on 18th September 2016 at the company's headquarters, of which four schools (Smt. Sulochanadevi Singhania School; Villa Theresa High School; G.D Somani Memorial School; S.I.E.S. High School) made it to the finals.

The grand finale was hosted on 27th September 2016, commemorating the Foundation Day of HDFC ERGO. The grand finale was full of action with three engaging, entertaining and nail-biting rounds of quizzing, which included straight question rounds and the buzzer rounds. Each team put up a whole hearted effort but G. D. Somani Memorial School won the first prize with a reward of Rs.1,50,000 as prize money, with each participating student claiming Rs. 50,000 and the school receiving a sum of Rs 50,000 in donation as token of goodwill from HDFC ERGO. Smt. Sulochanadevi Singhania School, took the title of first runners up by a close margin to take home the reward of Rs 75,000, with each participant claiming Rs 25,000 and a sum of Rs 25,000 as donation for the school.

While the winning team & runner up teams were rewarded with prize money and huge recognition, the winning moment was the fact that this initiative was a huge success!

Enthused with the overwhelming response to the first ever HDFC ERGO Insurance Awareness Award Junior amongst schools in Mumbai, HDFC ERGO is geared up to take this "PAN INDIA" in the next year. (ANI-Newsvoir)

Creatigies drives Tata Yodha and U.P. Yoddha together

Updated: Jul 27, 2017 19:06 IST     

New Delhi [India], July 27 (ANI-Newsvoir): UP Yoddha, the new Franchise in the upcoming edition of Pro Kabaddi League, rides in with Tata Motors' Yodha, as the Lead Principal Sponsor for the Season 5, 6 and 7 (2017-2019). Creatigies Communications Pvt. Ltd., an independent, integrated marketing agency working across multiple platforms i.e. Sports, Fashion, Entertainment and Media aided in the forging of the partnership.

Full Story >>

New Delhi [India], July 27 (ANI): Cloud communications services provider Knowlarity has announced its rebranding with a complete redefining of look, vision, and the entire avatar.

Full Story >>

Paytm Mall Campus Icon Programme receives over 20,000 entries

Updated: Jul 27, 2017 17:58 IST     

New Delhi [India], July 27 (ANI): Paytm Mall, owned by Paytm e-commerce Pvt. Ltd. launched an industry-focused learning programme Campus Icon which will mentor students on critical real-world techniques related to product, marketing, design among others via seminars.This has received over 20,000 responses.

Full Story >>

India Innovation Growth Programme 2.0 top winners announced

Updated: Jul 27, 2017 17:37 IST     

New Delhi [India], July 27 (ANI-Newsvoir): The winners from the University Challenge and Open Innovation Challenge of the India Innovation Growth Programme 2.0 (IIGP 2.0) were announced in New Delhi today. Over 1300 applications for innovative ideas across social and industrial sectors were received.

Full Story >> launches self-inspection feature on its app

Updated: Jul 27, 2017 17:28 IST     

New Delhi [India], July 27 (ANI-NewsVoir): (twitter handle: @policybazaar_in), India's largest insurance website and comparison portal, has become the first insurance aggregator to launch the self-inspection video service for lapsed motor insurance renewal.

Full Story >>

Norway witnesses largest Indian tourists growth in 2017

Updated: Jul 27, 2017 17:27 IST     

New Delhi [India], July 27 (ANI): Indian tourist numbers to Norway continue to grow steadily as India now reaches the third spot after China and Russia in visitor visas.

Full Story >>

New Delhi [India], July 27 (ANI): Online marketplace ShopClues aims to expand consumer base by creating Re-New gadgets, which is a dedicated category for refurbished and unboxed electronic devices, including Laptops, smart phones, and Tablets.

Full Story >>

New Delhi [India], July 22 (ANI): Land Rover launched the Range Rover SVAutobiography Dynamic at Rs. 279 lakhs ex-showroom, India. It is created by Jaguar, Land Rover's Special Vehicle Operations (SVO) team and the design, the interior along with a powerful V8 engine claim to offer a more rewarding driving experience.

Full Story >>

New Delhi [India], July 27 (ANI): India's third largest private sector bank Axis Bank on Thursday announced entering into an agreement with Jasper Infotech Private Limited to acquire 100 percent stake in FreeCharge.

Full Story >>

Bangalore [India], July 27 (ANI): VeriSign, Inc. announced that approximately 1.3 million domain name registrations were added to the internet in the first quarter, bringing the total number of domain name registrations to approximately 330.6 million across all top-level domains (TLDs) as on March 31, 2017.

Full Story >>

Consuming Walnuts may help keep the gut healthy

Updated: Jul 27, 2017 16:08 IST     

New Delhi [India], July 27 (ANI-NewsVoir): A new study suggests that walnut consumption may be beneficial for digestive health by increasing the amount of good probiotic-type bacteria in the gut. Walnuts do this by acting as a prebiotic to help nourish and grow the bacteria that keeps the digestive system healthy. Researchers found that a diet with walnuts led to an overall significant increase in the diversity of bacteria in the gut.

Full Story >>

Ved Infratech launches one more budget housing in Mulund

Updated: Jul 27, 2017 16:02 IST     

New Delhi [India], July 27 (ANI-NewsVoir): Ved Infratech has launched their new project VedAkshay in Mulund west. The promoter of Ved Infratech has been in the realty space from past two decades and has worked for many of the top notch names in the realty industry. In span of months, this is second budget housing project in Mumbai suburbs.

Full Story >>

New Delhi [India], July 27 (ANI): Food Safety and Standards Authority of India (FSSAI) CEO Pawan Agarwal said his organization and the Railways are working in the most systematic manner to ensure absolute food safety for passengers.

Full Story >>

New Delhi [India], July 27 (ANI): Ola, India's largest and most popular mobile app for transportation, and Zomato, India's home-grown global restaurant discovery and food ordering platform, announced a strategic partnership to offer a range of integrated exclusive offerings to their customers.

Full Story >>

New Delhi [India], July 27 (ANI): The No More Ransom initiative launched by the Dutch National Police, Europol, McAfee and Kaspersky Lab in July 2016, celebrates a year today with 100 partners, as major ransomware attacks continue to dominate the news, affecting businesses, governments and individuals all over the world.

Full Story >>

India gets its own licensing show for retail fraternity

Updated: Jul 27, 2017 14:35 IST     

New Delhi [India], July 27 (ANI-NewsVoir): India Licensing Expo (ILE), India's first and most influential business-to-business brand licensing show is all set to kick start on August 20-21 in Sahara Star, Mumbai with participation from over 100+ global and domestic brands for retail industry. Viacom 18, Fashion TV, Marie Claire, Universal Music, Mondo TV, JCB, Polaroid, NBA, Sesame Street, Authentic Brands Group, Green Gold Animation, are a few amongst list of top brands participating at the first ever licensing show to be held in the country.

Full Story >>

New Delhi [India], July 27 (ANI-NewsVoir): RankHigher - one of the fastest growing Digital Marketing Agencies in the country has won the coveted 'Times Network's National Awards for Marketing Excellence'.

Full Story >>

Roseate expands footprint; acquires third property in UK

Updated: Jul 27, 2017 14:03 IST     

New Delhi [India], July 27 (ANI): Roseate Hotels and Resorts, a global collection of luxury hotels by Bird Hospitality has announced its acquisition of a villa at Henrietta Park in Bath, United Kingdom.

Full Story >>

CSS Corp wins NASSCOM's digital skills award for 2017

Updated: Jul 27, 2017 14:00 IST     

New Delhi [India], July 27 (ANI-BusinessWireIndia): CSS Corp, a global leader in providing IT Services and Technology Support solutions, has won NASSCOM's prestigious Digital Skills Award for 2017. CSS Corp's Digital Career Progression Framework, "Reimagine", was chosen for its unique and innovative approach to employee up-skilling and cross-skilling in new age digital technologies. The award was presented at NASSCOM's flagship HR Summit, which was held in Chennai on July 20th.

Full Story >>

New Delhi [India], July 27 (ANI-BusinessWireindia): Ashoka University and Life Lab Foundation bring to you a science event like no other wherein eminent scientists Dr. Mick Storr, an experimental physicist and the pioneer of CERN's international teacher training programmes, and Dr. Archana Sharma, senior scientist in the CMS Experiment at CERN, will take students on a journey to learn about the origins of the universe, the world's greatest experiment, and the Nobel Prize winning 'God Particle'.

Full Story >>