Protection of Policyholder’s Interest: The other side of the coin
Insurance industry of India is ranked as the 4th in corruption list of top ten corrupt industries. It was followed by financial services such as banking and insurance with 10…
Building Customer Relationship in Insurance – The Power of Data Mining in Insurance Selling
Introduction Data mining, also known as knowledge discovery, is a rapidly developing trend in knowledge management. Once been used by scientists, data mining has become a tool for manager, analysts…
Asymmetry in life insurance selling
The agent is mostly driven by the thought that disclosures of facts of the proposer’s illness in the proposal form could result in declinature of the proposal by the insurer…
Increase of General Insurance penetration in the next decade of innovative technique channels of insurance products
Since the era after nationalization, 1972, General Insurance Corporation (GIC) (amalgamation of 4 subsidiaries:- The New India Assurance Company Limited, The National Insurance Company, The Oriental Insurance and The United…
Health Insurance Portability
At present if you change your insurance provider, you are treated like a new customer. Norms for a new policy are applied e.g. a higher premium would be applicable depending…
Curb your motor insurance costs
With the IRDA raising third party motor insurance premiums, motor insurance costs have risen. In times of high inflation, this is an added burden on vehicle owners. However, there are…
Debunking 5 life insurance misconceptions
Insurance has numerous benefits that could help you secure your family’s future. Don’t let common misconceptions keep you away from enjoying these benefits, Viswanarayan K stresses
In the Wonder Land of ULIPs
The world of ULIP is the most fascinating one for those who have a stronger risk appetite. It provides a means for individuals to participate directly in the prosperity of…
Safe Heaven Investment – Fixed Annuity
In today's uncertain financial climate the quality of insurance company takes on new meaning. While no insurance company simply goes out of business due to highly regulated reserve requirements those…
Reinsurance market facing stiff competition
"Pass on the liability from one to another and so on….. That is the trick of Reinsurance"