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…
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…
National Consumer Disputes Redressal Commission (NCDRC): C. Vishwanath (Presiding Member), held that since the Insurance Company itself insured the complainant's vehicle and the vehicle had been stolen during the currency…
Chhattisgarh High Court: A Division Bench of P. R. Ramchandra Menon and Parth Prateem Sahu JJ., allowed the appeal and modified the impugned award. The facts of the case are…
Excerpts of Interview with Mr Satyajit Tripathy, General Manager, GIC Re with Dr Rakesh Agarwal, Editor The Insurance Times About Mr Tripathy Satyajit Tripathy, is the General Manager and manages…
The Editorial team of The Insurance Times wishes a very very Happy New Year to its Subscribers, Advertisers, Authors, Printers, and all the Vendors and associates for the New Year,…
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…
Introduction: On December 8, 2019 the first pneumonia case of unknown cause was found in Wuhan, China. It was later identified to be caused by a new coronavirus and the…
In the month of September 2020, to promote wellness benefits and preventive outlooks, the Insurance Regulatory and Development Authority of India issued guidelines to insurance players and instructed them to…
Third party liability insurance of vehicles is a social security mechanism designed by the modern societies to protect the victims of road accidents. It also provides security to the owners…