Evolution and Current Status of The Risk Manager
“Risk Managers are in the business of managing the future….” said Tony Burlando (Risk Manager of Hillman Company in Pittsburgh while Chairing a RIMS Task Force). Risk managers advise organizations…
Are Recent Health Insurance Product Innovations Necessarily Good?
Introduction Health insurance business, is today perhaps the most rapidly growing segment in the Indian non- life insurance market, possibly after crop insurance. The reasons are many; foremost being rising…
Rehabilitation: helping employees with mental health conditions
Employers and employees alike in the UK are becoming aware of the need to talk about mental health at work. The UK Government last year commissioned a review on the…
Pradhan Mantri Jan Arogya Abhiyan: Issues and Benefits
I. Introduction Insurance provides protection against risks or uncertain events and is based on the principle that what is highly unpredictable to an individual is predictable to a group of…
CARGO LOSS PREVENTION
Introduction A producer or the manufacturer of the goods will always be delighted for safe delivery of the goods to his customer within the stipulated time period. It is easy…
Set Fair for The Next Phase of Risk Management: Marine Blockchain Platform Goes Live
Blockchain - the secure, decentralised and distributed ledger housed on a shared platform - is something that has been discussed by the tech community for a few years now. But…
RIDING THE BIG DATA WAVE TO IMPROVE INSURANCE CUSTOMER RETENTION
Big data and analytics are the current change agents in today’s insurance environment that is being impacted by radical shifts in how underwriters assess risk and how consumers buy insurance.…
Mandatory Long-Term Motor TP Insurance: Prospective Impact
The Hon’ble Supreme Court of India (in the matter of WP No.295/2012 of Shri S. Rajaseekaran vs Union of India and others) has, vide its order dated 20th July, 2018…
INDIAN ECONOMY ZOOMS TO NEW HEIGHTS SO ALSO INSURANCE INDUSTRY
A. Introduction: On 12th July 2018 the world bank report asserted how Indian Economy zooms to new Heights as compared to first Ten Economies as under: - ECONOMY GDP TRILLIONS…
Flood Risk Management
The Kerala flood has brought the focus of the nation towards the havoc it has created, kind of losses it has done, rescue activity that is taking place and restoration…