2023 – Insurance Times

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…

Introduction The manufacturer or trader may suffer substantial losses if the risks are not adequately covered by Insurance. In addition to the physical losses, in some cases they may also…

The last few years have seen some prominent changes in the insurance space. The adoption of technology has created a whole new tech enabled business models to disrupt the insurance…

Out of the 32 general insurance companies which do health insurance business in India, there are only four public sector general insurance companies: The New India Assurance Company Limited (NIACL),…

Directors and officers (D&O) insurance is a policy that provides protection to Directors, Officers and Employees of a company from claims which may arise due to actual or alleged breach…

Introductions: Enterprise risk management (ERM) is a methodology that looks at risk management strategically from the perspective of the entire firm or organization. It is a top-down strategy that aims…

Out of the 32 general insurance companies which do health insurance business in India, there are only four public sector general insurance companies: The New India Assurance Company Limited (NIACL),…