Health insurance: Sooner the better
There are increasing number of people falling prey to lifestyle diseases at a young age. At the same time, the cost of health care is rising exponentially. As a result,…
Insurance…. A need or a formality
Introduction: The insurance industry in India witnessed a paradigm shift during the year 2000- 2001. Since 1973, the non-life insurance industry was dominated by the four nationalised insurance companies. Privatisation…
Liberalisation of Insurance Sector : New Dimensions
The world has become a global village. The Liberalisation, Privatization and Globalisation (LPG) wave has sweeped across the global economies. The two pillars of India's economic policy before 1991 have…
Insuring through Mobile Phones
The telecommunications system in India is the 2nd largest in the world. Government and several private operators run local and long distance telephone services.
Critical issues in health insurance
It is interesting to think about the real costs associated with managing health. We normally do not look at health management in cost terms — our instinctive reaction is to…
The RISE & RISE of LIC
1)Â Â Â Definition of Globalisation. LPG--Liberalisation, Privatisation & Globalisation World has become boundaryless. Mingling of cultures & customs of different regions.
The mega risk of overpromise and underdelivery in insurance – A big issue in insurance selling
Under promise and over deliver All business should be able to live up to the hype they create for themselves, however there are many businesses that over promise and under…
INSURANCE INFORMATION BUREAU (IIB)
Insurance Information Bureau (IIB) was formed in October 2009 with the objective of facilitating in the efficient functioning of the insurance sector as well as for the protection of the…
Surveyors & loss assessors recent initiatives of IRDA
Surveyors and Loss Assessors (S&LAs) play an important role in assessment of losses arising out of a contingency insured under a policy of general insurance. Further, SLAs are necessary under…
Productivity of the tied insurance agents in life insurance in India
The tied distribution channels play the prime role in the sale of life insurance business. Therefore, use of mix of different distribution channels generally helps in spreading the business, developing…