Module 8 · Boardroom
Board Narrative Generator
Pyramid-principle storylines for MD reviews. Situation → Complication → Question → Answer → Actions. Pick an item, get a 5-slide storyline.
SCQA · Barbara Minto
Narratives
Board-ready storylines · As of March 2026 · FY26 close view
How it works
Each narrative follows Barbara Minto's Pyramid Principle. Start with the Situation, surface the Complication, ask the Question, then answer with actions - in that exact order.
SCQA Storyline
FY27 Strategic Direction - Build for Composite Licence
S
Situation
Indian GI industry at ~₹3 Lakh Cr GWP. Tata AIG at 6.0% share, ~20% CAGR - outpacing industry (~14-17%) but still #3 private, behind ICICI Lombard (9.4%) and Bajaj (7.5%).
C
Complication
Draft Insurance Amendment Bill enables composite licences + 100% FDI. Window closes: first-movers capture bancassurance + agency synergies with Tata AIA.
Q
Question
Should Tata AIG pursue (a) composite via Tata AIA merger, (b) deep Banca partnership, or (c) status quo P&C focus for next 36 months?
A
Answer / Recommendation
Recommend (a) - file intent Q2 FY27, subject to Tata Sons alignment. Creates a ₹1.2 lakh Cr combined-GWP entity, #2 private player, with expense synergies accelerating the path from 117.5% CR toward the 105% FY28 target.
Actions requested from MD
4 asks1
Commission EY/Deloitte feasibility - 8 weeks, ₹3.4 Cr
2
Tata Sons sponsor alignment - MD meeting by Jun 15
3
IRDAI informal pre-consultation - Jul
4
Shadow integration PMO stood up - Jul
Speaker notes
Open with industry size. Acknowledge we're #4 and why that's fine today. Move to the bill as a 5-year strategic window, not a 5-quarter tactic. Frame composite not as a merger decision but as an 'option to preserve'. Land on 8-week feasibility ask - low cost, high information value.