Insurance Articles

Background Underwriting engines have been around for over 20 years. Initially they were used in corporate offices, processing application form information keyed in by clerical staff, and avoiding the need…

Abstract Technology is making an impact in almost every industry including insurance. The use of information technology has a huge impact on the Indian insurance industry and the unthinkable has…

Insurance companies around the globe have worked diligently since the global financial crisis, to reduce operational costs, and improve effectiveness. Their initiatives are now paying dividends, but market conditions remain…

Most health insurance policies in the market offer built-in backup plans for policyholders in the form of ‘restoration’ benefits. In this feature, the insurer fully reinstates the original sum insured…

The Supreme Court has very recently decided an important question of law that death due to malaria inflicted by mosquito bite is not an accident which will have a wide…

Buying a new health insurance cover has become tough following the mass spread Covid19 in the past few months. Insurance companies were apprehensive to offer a health insurance policy to…

The COVID times have changed many things. It has changed the way we work, the way we spend leisure hours, our daily routine; it has given us the opportunity to…

The following are some of the best health insurance policies offered by the Government of India: 1.Rashtriya Swasthiya Bima Yojana: The Ministry of Labour and Employment of the Indian Government…

EXECUTIVE SUMMARY Background The world has witnessed several disease outbreaks and epidemics in the past years such as Spanish Flu, H1N1, SARS, Ebola etc., among which some have taken the…

Eco-system is evolving at a fast pace in motor line of business. Regulator brought in many changes related to mandatory long-term liability insurance to three years for private cars and…