Automation in Life Insurance Underwriting
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…
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…
Introduction From melting glaciers in the polar regions to increased bushfires in Australia, we are witnessing more and more severe climate phenomena which are wreaking havoc everywhere. Climate change is…
Business Organizations have always been exposed to various types of risks such as: Market Risks Credit and Insolvency Risks Operational Risks Statutory and Regulatory Risks Environmental and Climate Change Risks…
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…
16.06.2023 Cyclone Biparjoy (June 2023) is expected to cause widespread loss to property (homes and businesses) and infrastructure in various States. General Insurers and Standalone Health Insurance Companies are advised…
17.06.2023 Cyclone Biparjoy (June 2023) is likely to have caused loss to property (homes and businesses) and infrastructure in various States. The Sector regulator IRDAI has issued instructions to all…
23.06.2023 Insurance Regulatory and Development Authority of India has extended the ‘Use and File’ procedure to Group Unit-Linked Insurance products, Individual Unit-Linked Insurance products which are offered with new funds…
M/s Oswal Plastic Industries Vs. Manager, Legal DepttN.a.i.c.o. Ltd Civil Appeal No. 83 of 2023 (@ Slp(c) No. 9049 Of 2021); January 13, 2023-Supreme Court of India The Supreme Court…
Future Generali India Insurance company has announced the launch of its health insurance product - DIY Health - which comes with multiple rider benefits Rider benefits are optional covers that…
In an ever-changing and unpredictable world, the insurance industry plays a pivotal role in mitigating risks and providing protection against unforeseen events. As insurers navigate a dynamic marketplace, it has…