February 2023

OVERVIEW OF EVENT CANCELLATION POLICY: Event cancellation insurance may help cover expenses if one’s special occasion — such as a wedding or an anniversary party — unexpectedly needs to be canceled…

India's insurance regulation (IRDAI) has allowed general insurers to offer technology-enabled add-on plans for auto insurance policies based on the owners' usage and driving history. Here’s what it means for…

Insurance is an intangible product. It has always been a tough product to manufacture (underwrite) and more tough to sell. But there is a glimmer of change on the horizon,…

Introduction The insurance industry spends quite a bit of time and money evaluating the physical condition and mortality of applicants. The underwriting processhas long followed thesecumbersome,time consuming, and expensive traditions.…

Elizur Wright, a 19th century American who started his career as a mathematician is widely considered to be the father of life insurance. In 1844, there was a public auction…