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HDFC ERGO General Insurance Company, India’s leading private sector general insurer, hosted the grand finale of the 9th edition of the Insurance Awareness Award Junior Quiz 2024 in Mumbai on its 22nd Foundation Day. The finale witnessed a battle of knowledge among six teams, where Nirmay Patel and Shourya Banerjee from New Era Senior Secondary School, Vadodara emerged as the winner from ~3,200 participating schools this year. Giving a tough competition to them were MCM Matriculation Higher Secondary School, Chennai and Cambridge Court High School, Jaipur who secured commendable first and second runner up positions, respectively.
Speaking on the occasion, Mr. Anuj Tyagi, MD & CEO, HDFC ERGO General Insurance, said, “While India is making significant strides towards inclusive development, insurance penetration remains alarmingly low at around 4%. On the other side, India’s school education system is one of the largest in the world with over 1.5 million schools. We, at HDFC ERGO firmly believe that our young minds are the architects of India’s future and therefore, it is imperative to equip and empower them with insurance literacy so that they can take informed decisions and lead financially secured lives as they grow. We started this initiative in 2016 with just 18 schools in one city and it gives us an immense pride to witness the way this quiz has gained popularity over the years and so far, we have reached out to ~25 lakh students from across ~200 cities of India – thus making this event as one of the landmark event for the students of this country.”
The winners of the quiz were awarded a prize money of Rs 2,25,000, followed by the first and second runners-up with Rs 1,50,000 and Rs 75,000 respectively. The balance three finalist teams were awarded cash prize of Rs 30,000 each.