Month: May 2024

Technology has led to many positive changes around us and insurance industry is not staying behind in making the most of the technology to improve their functioning and services to…

Introduction In the last couple of years, Government of India has taken several initiatives to increase the insurance penetration and density in the country. Some of the major initiatives include,…

Pockets of digital transformation were happening across the insurance industry pre-2020, but they were isolated and not synced across insurers’ operations. The events of this year have concentrated years of…

India’s life and non-life insurance penetration in 2019, at 2.82% and 0.94% respectively, are significantly lower than the global averages of 3.35% and 3.88%, respectively. Five years after India increased…

Abstract The penetration of the technology in our lives is so much that all our essential working is dependent on technology. The same is true with the banking sector. The…

Drones promise to be the next disruptive technology, with the potential to dramatically alter business conventions by introducing new ways of working. In June 2020, the government published draft drone…

Pandemic-enforced mindset has changed the insurance landscape. Enforced lockdowns or restricted movements in India have pushed consumers to begin looking digitally for insurance solutions that may not have been there…

Introduction From melting glaciers in the polar regions to increased bushfires in Australia, we are witnessing more and more severe climate phenomena which are wreaking havoc everywhere. Climate change is…

There is nothing more reassuring than knowing your loved ones will be taken care of after you are gone. Often people are uncomfortable acknowledging Life Insurance. It provides peace of…

The halting of economic activity and rapid shift to remote work amid the COVID-19 pandemic has hurt businesses in many ways. State-mandated closures, disrupted supply chains, and stressed IT infrastructure…