Product Innovation in Insurance: The Digital Dividend
Introduction: “There is one thing stronger than all the armies in the world, and that is an idea whose time has come.” Victor Hugo’s words resonate well with the roadmap…
Introduction: “There is one thing stronger than all the armies in the world, and that is an idea whose time has come.” Victor Hugo’s words resonate well with the roadmap…
EXECUTIVE SUMMARY The article is the outcome of a study the authors undertook to find out answers to the scalability issue faced in adoption of Blockchain technology in the insurance…
The insurance industry in India has visibly progressed since the time when businesses were tightly regulated and concentrated in the hands of a few public sector insurers. A well-developed and evolved…
The year 2021 is coming to an end. The last 2 years has been turbulent for all sectors but the Insurance industry after initial hiccups is recovering fast and is…
Term insurance has a simple premise amongst various insurance products — providing life cover against death with sum insured (SI) in return for yearly premiums. Premiums for 1 crore SI…
India is becoming the global leader on digital transformation across sectors. In less than a decade, extraordinary initiatives like Aadhaar, UPI, DigiLocker, CoWIN, Account Aggregator etc have established a playbook…
One of the major findings of the recently released All-India Debt and Investment Survey (NSS 77th Round) by the National Statistical Office is the pronounced inequality in the distribution of…
The "pay and recover" principle requiring insurance firms to pay accident claims and then recovering them from vehicle owners cannot be applied in cases where the policies have lapsed, the…
An insurance claim can be rejected if the policy has lapsed on account of non-payment of premium, said the Supreme Court which stressed that the terms of an insurance policy…
Insurance regulator Irdai on Wednesday said insurers can maintain current accounts in an appropriate number of banks for premium collection and policy payments for the convenience of policyholders and ease…