The General insurance industry was nationalized in 1972 and 107 insurers were grouped and amalgamated into four Companies – National Insurance Co. Ltd., The New India Assurance Co. Ltd., The…
“The future lies with those companies who see the poor as their customers.” Prof. C.K. Prahalad Introduction In every economy, insurance plays a crucial role in the life of their…
Abstract The present life insurance market is complex and competitive. It entails twenty four companies including one public life insurer i.e. LIC of India and ICICI Prudential Life Insurance Co.…
Successful selling is the essence of marketing. It revolves around the needs and interest of the seller. Infact, selling starts with the seller. Selling as an occupation is something that…
The discharge voucher is not a bar in filing a complaint before the Consumer fora. The mere execution of the discharge voucher would not always deprive the consumer from preferring…
In the last one and a half decade Indian insurance industry has witnessed a substantial change with the establishment of Insurance regulatory and development authority (IRDA) in 1999 and subsequent liberalisation of…
For outsourcing of insurance activities, the IRDAI has issued the Regulations called IRDAI (Outsourcing of Activities by Indian Insurers) Regulations, 2017. The regulations dated April 20, but put on the…
Insuring body parts has a surprisingly exotic connotation, despite the morbid subject matter. There are various insurance schemes covering property, life, health and automobiles, but until recently, nobody would have…
Imagine you’ve come home after a dog day afternoon and are keen to refuel your energies with a well-deserved triple-scoop ice cream. When you open the freezer, you realize that…
A healthy and developing insurance sector is of vital importance to every modern economy. The growing size of the sector, the high level of sophistication in marketing and selling practices…