Insurance Articles
Introduction The life insurance industry is undergoing a significant transformation, driven by the adoption of Artificial Intelligence (AI) and Big Data. Traditional underwriting methods relied heavily on lengthy paperwork, manual risk assessments, and standardized criteria, which often…
Introduction [caption id="attachment_27728" align="alignleft" width="108"] Dr. P. Sundara Pandia[/caption] LIC Smart Pension Plan is a single premium, instant annuity plan that provides lifelong financial security through guaranteed pension payments. Ideal…
It is heartening to note that the regulator in India (IRDAI) recently formed a high-power panel to suggest measures for insurance reforms. It is expected to examine various areas of…
“Insurers that succeed in the coming years will be those that recognize talent strategy has the same importance as core business strategy.” -Mckinsey & Co , Transforming the talent model…
UNION FINANCE BUDGET 2025 [caption id="attachment_27709" align="alignleft" width="134"] R. Venugopal[/caption] The Honourable Finance Minister created ripples throughout our country by presenting a highly favourable Union Budget for 2025for the vast…
Indian insurance companies lose nearly ₹30,000 crore annually to insurance fraud [caption id="attachment_27705" align="alignleft" width="162"] Suvajit Sengupta[/caption] —a staggering figure. When you consider that India’s insurance penetration rate is just…
Buying a term plan online is undoubtedly a smart move, since it will help you financially safeguard your family in case something happens to you. Who wants their loved ones…
[caption id="attachment_27144" align="alignleft" width="92"] Sonjai Kumar[/caption] Background This article was inspired by McKinsey's report, “Elevating the risk function in insurance: Building a strategic advantage,” published in November 2024. The article…
[caption id="" align="alignleft" width="108"] Aman Pal Singh[/caption] The telecommunications industry is undergoing rapid transformation, driven by technological advancements and evolving consumer demands. As the industry adapts, a significant opportunity lies…
[caption id="attachment_27518" align="alignleft" width="126"] Paresh Nath Karmakar[/caption] Micro, Small and Medium Enterprises (MSMEs) are key components of every economy. The MSME sector generates lakhs of employment and significantly contributes to…