Cloud over health cover scheme in Rajasthan
Bhamashah Swasthya Bima Yojana in Rajasthan has witnessed rising instances of fraud and claims. In order to make the scheme viable, the extensive fraudulent practices must be resolved, especially if…
Bajaj Allianz, ESAF Small Finance Bank tie up to sell life insurance products
Bajaj Allianz Life recently announced its strategic partnership with Kerala-based ESAF Small Finance Bank, which will enable customers enjoy the benefits of the organised financial services sector. With this partnership,…
IIISLA 3 day MDP Programme at BIMTECH off to a flying start
A three day comprehensive Management Development programme of professional insurance surveyors got off to a flying start today at Birla Institute of Management Technology (BIMTECH), Greater Noida, NCR. The three…
ICICI Lombard grows market share
Expands across fire, engineering, marine and liabilities insurance segments. ICICI Lombard General Insurance Company has grown its market share across product lines and has also achieved a milestone in the…
Technology will play an important role in driving the growth of the industry-Warendra Sinha, MD & CEO, IFFCO-Tokio General Insurance Co. Ltd
Warendra Sinha joined IFFCO - Tokio General Insurance Co. Ltd as Managing Director and CEO on 28th of March, 2017. Prior to that, he was Director cum General Manager of…
RISK MANAGEMENT IN INSURANCE: CRITICAL AREA OF CONCERN
The recent changes in the insurance market and socio-economic environment have meant that the risks that insurers now find themselves facing have evolved. These range from volatile investment conditions, increases…
Benefits of Point of Sales
In India, the penetration of Insurance is quite low. The main reason behind this lagging is the shortage of trained professionals who can be employed as Distributors or Agents. Ranging…
India’s insurance gap widens despite deeper penetration, says study
Insurance penetration has improved globally during the past six years, and with the growing incidence of new risks related to climate change and the cyber world, the insurance gap has…
DIGITAL PAYMENT REVOLUTION IN INDIAN LIFE INSURANCE SPACE- SYNOPSIS
Abstract Insurance Companies are coping with technological innovation to remain competitive which will boost profitability, enhance customer delight, streamline operations and reduce costs. Gone were the days when customer rush…
A good market-linked pension plan
Pension ULIPs offered by life insurance companies have competitive features. They are similar to regular ULIPs in terms of nature and cost structure. Both have a lock-in of five years…