[caption id="attachment_29654" align="alignleft" width="102"] Yukti Agarwal[/caption] Artificial Intelligence (AI) has rapidly emerged as one of the most influential forces transforming the insurance sector. Its potential spans across underwriting, pricing, fraud…
[caption id="attachment_29663" align="alignleft" width="132"] Dr. Jaydeb Bera[/caption] 1. Introduction India’s insurance sector is vast and potential. During the financial year 2023-24 total insurance premium collected were Rs. 11,19,613/- crore. It…
Traditionally, in insurance, subrogation refers to the right of an insurer having indemnified an insured in respect of a particular loss to recover all or part of the claim payment.…
[caption id="attachment_29023" align="alignleft" width="130"] Dr K. Raja Gopal Reddy[/caption] Was it Saturday Night Fever? Was it predestined? Or was it both? I don't know. In fact, no one will ever…
About Dr. Prabina Rajib Dr. Prabina Rajib, Director at the Birla Institute of Management Technology, is a distinguished academic with a Ph.D. in Finance from IIT Kharagpur. She has held…
DO’s (Important Steps You MUST Take) Whole life insurance is a long-term financial protection tool that provides lifelong coverage, guaranteed benefits, and in many cases, cash value accumulation. Since it…
Executive Summary The global motor insurance industry is undergoing a major transformation, driven by digital innovation and evolving customer expectations. Among the most disruptive technologies reshaping the sector is telematics…
Sushila Devi was the proprietress of a clothing store named Durga Cloth Store, situated on the highway in Orai, Jalaun District, Uttar Pradesh. The shop was insured with Oriental Insurance…
Case Title: Life Insurance of India Ltd. vs Geeta Madhavrao Damahes & 2 Ors. Summary The National Consumer Disputes Redressal Commission (NCDRC) denied Life Insurance of India's (LIC) Revision Petition…
Case Title: Balu Krishna Chavan vs Reliance General Insurance Company Limited | 2022 LiveLaw Summary The Supreme Court ruled that a directive to "pay and recover" is not customary in…