LIC revises rule to increase maternity leave to 15 months
LIC has revised the rule in order to provide its female employees maternity leave of 15 months during their service period. According to the revised rules for maternity leaves notified…
ICICI Lombard to bring sachet-size insurance products
Seeing the success of sachet products in the FMCG sector, ICICI Lombard General Insurance is planning to introduce small-ticket insurance products and is working with e-commerce players, wallet companies, payments…
Global reinsurance giant Munich Re has partnered with French InsurTech Luko on the launch of its artificial intelligence (AI) driven satellite imagery home insurance
Global reinsurance giant Munich Re has partnered with French InsurTech Luko on the launch of its artificial intelligence (AI) driven satellite imagery home insurance. The InsurTech has developed new technology…
ESI contribution dropped to 4% for industrial workers
The government has recently reduced the salary contribution from 6.5% to 4% for industrial workers who are eligible for healthcare benefits under the Employees' State Insurance Act (ESI) Act. The…
SB Insurance Brokers’ licence cancelled by IRDAI
RDAI has recently cancelled the licence of SB Insurance Brokers. While announcing the decision, the regulator said that it was not in the interest of policyholders or the insurer to…
LIC named as one of the most-trusted brands in India: Report
According to TRA's Brand Trust Report 2019, LIC has emerged as one of the most-trusted brand in the country to feature in the top-seven brands. Meanwhile, e-commerce giant Amazon and…
Seminar on Debtors and Industry Protection Through Insurance – Need of MSME Sector 30 July 2019, PHD House, New Delhi
Insurance Foundation of India in association with PHD Chamber of Commerce & Industry is organising a Seminar on “Debtors and Industry Protection Through Insurance - Need of MSME Sector", on Tuesday, 30 July, 2019…
Full Day Training Programme On “Artificial Intelligence in Insurance Industry” In New Delhi on Monday, 19 August 2019
Insurance Foundation of India has announced Full Day Training Programme on “Artificial Intelligence in Insurance Industry” which is to be held on Monday, 19 Aug, 2019 in New Delhi. IFI…
Bangladesh Govt plans to bring all citizens under National Health Insurance
Bangladesh Prime Minister Sheikh Hasina has said that the government is planning to bring all citizens under national health insurance coverage to ensure healthcare services. In this regard, the government…
Apollo Munich-HDFC ERGO merger receives informal approval from IRDAI
IRDAI has informally indicated no objection with Apollo Munich Health Insurance and HDFC ERGO General Insurance's merger, as per the information from source. Promoters of Apollo Munich Health Insurance and…