Protect Your Crops with PMFBY
The Pradhan Mantri Fasal Bima Yojna (PMFBY) was introduced on 14th January 2016, in a move aimed at reducing agricultural distress and farmer's welfare without having to affect hefty hikes…
Insurance Claim Rejected: Delayed Intimation Leads to Loss
Complaint Ref. No. AHD-G-051-1718-0200 Mr. Rajesh K. Parmar V/s Oriental Insurance Co. Ltd. The Complainant’s Scooter was stolen on 10.05.2016 when it was parked near his shop at Kamal Complex,…
Fire Injures Six People in Insurance Company Office in Vadodara
Vadodara Incident Leaves Six Injured in Insurance Office Fire A fire broke out at the Shriram General Insurance Company office on OP Road, Vadodara, around 11 am, injuring six people,…
ICICI Lombard and Karnataka Bank Form Bancassurance Alliance
ICICI Lombard General Insurance has partnered with Karnataka Bank to offer its insurance products to the bank's 13 million customers across 915 branches. This collaboration aims to enhance financial security…
InsuranceDekho Ventures into Reinsurance Broking Sector with Composite Licence
InsuranceDekho, an India-based insurtech firm, has obtained a composite insurance broking licence from the Insurance Regulatory and Development Authority of India (IRDAI). This licence enables the company to engage in…
Insurance Company Liable for Claim Denial Without Proof
Premjeet Sharma had taken an ' Easy Health Insurance Policy' from Apollo Munich Health Insurance for his parents. The policy, which commenced from December 12, 2010, was renewed regularly. A…
Revised Minimum Deductibles for Fire & Engineering Policies
This is to inform that for all Fresh/Renewal/Rollover business having risk start date on or from 1st November 2018, the minimum deductibles in Fire and Engineering portfolio will stand revised…
In-Depth Interview with Dhirendra Mahyavanshi, Co-Founder of Turtlemint
Please tell us about your Company. Turtlemint, India's first online-offline personalized platform which introduced the Mintpro mobile app for insurance agents in 2017. The company has so far enrolled over…
A Comprehensive Guide to Cyber Risk Insurance
In today's hyper-connected world, businesses of all sizes face an ever-growing threat: cyberattacks. From data breaches and ransomware attacks to malware infiltration and denial-of-service assaults, cyber threats pose a significant…
IRDAI Clarifies Reward Structure for Motor Third-Party Insurance
Attention is drawn to Authority’s e-mail dated 7th December, 2017 to the Secretary General, General Insurance Council clarifying that commission/ remuneration on TP portion of premium is available from 4th…