General insurance companies are tweaking their processes to show the difference in pricing for buying its products online. During the year 2020, the global spread of the coronavirus disease (COVID-19)…
Insurance has always been a recommended instrument in financial planning. However, with the ensuing global pandemic, the importance of insurance is even more pronounced. Especially a health insurance plan is…
Satellite insurance is a specialized branch of aviation insurance in which, as of 2000, about 20 insurers worldwide participate directly. Satellite insurance blasted into the spotlight when a European Vega…
The insurance industry in India has visibly progressed since the time when businesses were tightly regulated and concentrated in the hands of a few public sector insurers. A well-developed and evolved…
India is a hugely under-insured country, where only 19 percent of lives are insured. In the case of vehicles, although third party insurance is mandatory, only 79 per cent of…
Risk and uncertainties are common in agriculture due to the very characteristic of agriculture i.e., dependence on nature. The Pradhan Mandri Fasal Bima Yogana (PMFBY), a government sponsored crop insurance…
Disruptions that have taken place as fallout of the covid-19 pandemic have reflected themselves in many ways. Change is the only constant and for the insurance industry, change is nothing…
India is among the 15 worst COVID-19 affected economies. COVID-19 which began as a health crisis has now taken over as a financial one. With the global economy crashing and…
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…
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…