Dept of Posts to set up insurance arm
“After diversifying its business with parcel directorate and payments bank, the department has decided to set up insurance firm as a special business unit in two years,” Sinha told. “The…
Demand for cyber attacks insurance cover on rise
Demand for purchasing insurance policy against online cyber attack is rising rapidly. Recently Cosmos Co-operative Bank, had a sizeable online fraud and caught the bank unaware. Banks are getting them…
LIC hiring plan for eastern zone
Life Insurance Corporation plans to hire 50,000 new agents in the current year for the eastern region. The recruitment will be from the urban and the rural parts of Bengal,…
Reliance General Insurance records 30% increase in profit
In the first quarter of the fiscal, Reliance General Insurance has recorded 30% increase in Profit after tax amounting to Rs.57 crore. The Gross Written premium by the company increased…
Getronics announces investment in telehealthcare platform developer Victrix SocSan to offer a fully digital Health and Social Care software solution
Amsterdam/London - Getronics, a $1.3 billion turnover ICT Group, offering solutions for Managed Workspace, Applications, Unified Communications, Security and Managed Cloud services, with a strong presence in Europe, Asia Pacific,…
Ayushman Bharat – A giant leap towards Universal Health
Steeped in stiff challenges as it may be at the moment, but Ayushman Bharat is now a reality. Universal Health is no longer a distant dream. Ayushman Bharat would…
Interview with Mr. Ritesh Kumar, MD & CEO, HDFC ERGO General Insurance
Analytics capabilities would nudge the industry towards usage-based insurance in days to come He has been at the helm of affairs of one of India’s leading and most admired private insurance…
Extension of Grace Period and conversion of deposits into Health Insurance Policies in the flood affected State of Kerala and Districts of Karnataka
General and Health Insurers are advised to grant 60 days grace period in respect of all health insurance policies due for renewal up to 30thSeptember, 2018 in the State of…
STRATEGIES FOR THE LIFE INSURANCE AGENTS TO ACHIEVE TRIUMPH IN SELLING POLICIES
INTRODUCTION: Strategy is a term that comes from the Greek word ‘strategia’, meaning ‘generalship.’ In the military, strategy often refers to maneuvering troops into position before the enemy is actually…
Enhancement of Capital Sum Insured in Compulsory Personal Accident Cover for Owner-Driver under Motor Insurance Policies
General Regulation (`GR`)-36 of India Motor Tariff(`IMT`), 2002 mandates General Insurance Companies carrying on motor insurance business to provide Compulsory Personal Accident (CPA) Cover for Owner-Driver under both Liability Only and…