Insurtech: The Unchartered Potential
ABSTRACT Insurance is a means of protection against a financial risk that could occur against a contingent or an uncertain eventuality. The insurance sector in India works on a mainstream…
CONFLUENCE OF TECHNOLOGY ADVANCEMENT IS SET TO TRANSFORM MOTOR INSURANCE
The Indian government has recently passed the Motor Vehicle Amendment Bill 2016 in Lok Sabha. The Bill brings in major amendments to the 30-year-old Motor Vehicle Act. Certain amendments emphasise…
Growing use of social media in customer engagement in insurance industry in India.
INTRODUCTION: The last decade has witnessed a paradigm shift in marketing area because of the ever-increasing use of digital platform enabled by the internet. It has not only effected how…
SIMPLIFICATION IN LAW AND PROCEDURE FOR PAYMENT OF COMPENSATION TO VEHICULAR VICTIMS IN INDIA
Abstract- It is complex, cumbersome and adversarial. It deter to legitimate victims. It takes far too long to get compensation. It diverts too much money to claim handlers. Therefore, the…
The difference between grounding stranding, sinking and capsizing of the vessel
The difference between stranding and grounding of the vessel was necessary when F.P.A. warranty or policy franchise did not apply to the claim for stranding of a vessel but did…
A STUDY ON VALUE-BASED INSURANCE DESIGN ON THOSE WITH MULTIPLE CHRONIC CONDITIONS AND ITS IMPACT
Introduction & background of the study In the current situation health care and health insurance has become the subject of much discussion across the globe, because the health care cost…
How AI Will ‘Kick the Tires’ of Insurance Sales
The first impression of an 'insurance sales agent' brings up memories of pestering, red tape and frustrations. AI empowered insurance agents, on the other hand, are bringing about an image…
Electric Vehicles in India…Just Around the Corner
“Either do not attempt at all, or go through with it” said Ovid. “We should move towards alternative fuel…… If you do not make electric cars yourself, we will force…
DEDUCTION OF DEPRECIATION – A DECEPTION
The contract of insurance, unlike other civil contracts, is the contract of Indemnity, whereby in consideration of the premium, the insurer expressly undertakes and promises to pay or make good…
Impact of Healthcare Acquired Infections on Length of Stay and Treatment costs
Abstract Healthcare-associated infections (HCAI) are infections that patients acquire during the course of receiving treatment for other conditions within a healthcare setting. HCAI are preventable complications occurring with varying but…