INTRODUCTIONInsurers in India are increasingly using outsourcing, as a means of both reducing cost and accessing expertise, not available internally and achieving strategic aims. 'Outsourcing' may be defined as “Insurer’s…
IRDA CIRCULAR: Authority vide Circular No. IRDA/F&A/CIR/49/Mar-09 dated March 24, 2009 had relaxed the requirement of Section 64(1)(ii)(b) of the Act for computation of Reserve for Unexpired Risk for Health…
Mumbai, January 29, 2011: Here are some startling facts about dismal Insurance penetration in our country that served as a starting point for us to do something radically different as…
IRDA has the facility of registering the grievance of policyholders online. You can register at their site http://www.igms.irda.gov.in and lodge online complaint. IRDA will take up the issue with the concerned…
Various general insurance companies are running health insurance schemes which are sponsored/subsidized by Central/State Government. However, the premium of such schemes are not paid upfront but paid at a later…
New international research released today by Max Bupa has found that of more than one third Indians (39 %) go online for health information. The percentage of people using the…
Shriram Life Insurance Co. Ltd. (SLIC), a joint Venture between Shriram Group and Sanlam Group, South Africa, today signed an MOU with Tamil Nadu Cooperative State Agriculture & Rural Development…
 GOVERNING BODY OF INSURANCE COUNCIL Office of the Governing Body of Insurance Council 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054. Tel.:- 022-26106245/889/671…
The paper attempts a comprehensive view of grievance redressal system currently in vogue, in General Insurance Industry. An effort has been made to vent the aspirations of Insurance Customer by…
Insurance companies now offer to cover funeral expenses under health and personal accident policy.