General Insurance articles

Introduction Over the years with persistent Government’s efforts, the insurance penetration (premiums to GDP) in India has increased from 2.71% in FY01 to 5.20% in FY09 but thereafter the level…

“I think the world desires more than just material and economic wealth. People also want other less tangible forms of wealth. They want to be enriched spiritually and culturally. Sustainability…

The non-life insurance industry is witnessing shifting trends across the front office, policy administration, and claims—the three core functions of the insurance value chain.  Between now and 2021, more than…

ABSTRACT Insurance industry has been exposed to a massive transformation in the last few years. These changes were a result of policy decisions and regulatory interventions. But technological advances have…

INTRODUCTION ESG risks refer to risks related to environmental, social, and governance factors that can impact a company's performance and reputation. These risks can be financial in nature, such as…

I was thinking about how since the time I got involved in crop insurance, I have seen it change as the scheme moved from strength to strength and thought of…

Question1: How serious is the fraud in the Insurance sector?  Response: Insurance companies have been impacted by fraudulent activities, suffering financial losses as a result. Most industry experts believe that…

Introduction: Talent gap simply refers to a lack of skilled personnel in an organization. The Talent gap is a term that describes the gaping hole between the requirements of a job…

The world knows the importance of insurance as financial protection for any unforeseen loss or damage of property or life. The price of insurance, called premium, is the most loved…

Increased internet penetration and mobile data usage has made the world around us increasingly digital. Consumers today are leveraging UPI for digital payments, Alexa to turn on their favorite music…