Tata Consultancy Services has partnered with B3i Services AG, a global industry-led blockchain initiative, to design, develop and launch ecosystem innovations based on distributed ledger technology (DLT) for the insurance…
IRDAI has allowed renewal, migration and portability of Covid-specific standard health products - Corona Rakshak, Corona Kavach and Group Corona Kavach policies. IRDAI said Corona Kavach and Corona Rakshak policies…
IRDAI Chairman Subhash Chandra Khuntia has urged the insurers to expand the ambit of health insurance to include outpatient care as part of the health insurance system to push millennial…
LIC Housing Finance Ltd has launched "Project RED" (Reimagining Excellence through Digital transformation) to improve efficiencies at every level of the organisation. Project RED aims to create value across the…
The premium on health insurance policies have risen by 40-70% for policyholders after insurers hiked rates following a regulatory note to widen coverage and standardise conditions with regard to exclusions.…
India doesn't have a law protecting personal data. There are no specific penalties for failing to keep such data secure. A proposed law on Personal Digital Privacy Protection has been…
Amidst no sign of reduction in Covid cases and subsequent cost of hospitalisation rising, IRDAI has advised insurance players to change their focus from hospitalisation to preventive care, especially home…
IRDAI asked insurers to offer policyholders the option to renew, migrate or port covid-19-specific health insurance schemes, Corona Rakshak and Corona Kavach. In June, IRDAI had allowed insurance companies to…
The Artificial Intelligence is making inroads in insurance industry. With the technological innovations catching up, the use of AI has the potential to bring a severe disruption in seamless customer…
The life insurance industry, has witnessed huge degrowth in business in the first quarter of the current financial year due to pandemic. With the worst behind, the life insurance sector…