Managing Customer Expectation- in Competitive Scenario
Abstract- The face of customers of General Insurance industry in India has been changing .The customers are no longer diminutive nor mute spectators of the yore. They are demanding and…
Transit Insurance of Coal and Loss prevention
Coal is a mineral of organic origin, developed from the remains of vegetation which have, over the course of millions of years,been transformed to solid carbon fuel by the effect…
UNEMPLOYMENT INSURANCE AN UPCOMING IMPORTANT SOCIAL SECURITY NEED
BRIEF OVERVIEW OF UNEMPLOYMENT INSURANCE AND CHALLENGES One can breathe a little easier knowing the fact that if one loses the job. He/she will be still having an income by…
Insurance Agent Role Will Transform but Continue to be Valuable in Digital Era
Risk Solutions As the insurance industry is pushing its efforts to increase the digital footprint, the moot question is, ‘what is the future of the oldest channel, the insurance agent…
Risk Based Capital in the Indian Insurance Industry
“Risk- Based Capital is recommended by the Committee to IRDA to be used for the purpose of Solvency assessment. What could be the possible impact of RBC regime on the…
WHOSE COST IS IT ANYWAY ?
The non-life insurance industry evolved into tariff free regime since 2007 exposing its players to intense market competition. According to Insurance Regulatory and Development Authority (IRDA), detariffing would compel the…
Be Prepared and Stay Protected
India as a nation has over the years greatly improved its approach towards tackling and mitigating the damage caused by natural calamities. The most conspicuous change has been the increased…
Insuring Over A Billion Lives!
Urgent Need for a Course Correction to Ensure Universal Coverage By Pawan Verma MBA, FIII www.pawankverma.com The two service sector industries, telecom and insurance, that were opened up to competition…
Insuring Connected Homes – An Evolving Reality
Innovation is the only insurance against irrelevance – Gary Hamel, Business Thinker. Introduction: The home insurance sector in India has achieved less than 1% penetration level against a global benchmark…
The implications of GST on insurance
With the implementation of the GST, price of goods and services are ready to get revised higher or lower depending on whether the new tax rate is greater or lower…