The Insurance Regulatory and Development Authority of India (IRDAI) as part of steps towards reinforcing empowerment of policyholders has issued Master Circular on Protection of Policyholders¡¦ Interests under the IRDAI…
1. Background Insurance sector has embarked upon the journey to achieve the vision of 'Insurance for All' by 2047. Various regulatory reforms have been undertaken in this direction by taking…
As the insurance industry continues to evolve, digital innovation is proving to be a powerful force in expanding access to inclusive insurance. This transformation has been particularly impactful for low-income…
As climate change intensifies, its impact on vulnerable communities-particularly those at the bottom of the economic pyramid-has become increasingly apparent. These populations, often residing in developing countries, face heightened risks…
Microinsurance plays a crucial role in providing financial security to low-income populations that are often excluded from traditional insurance markets. These underserved communities are highly vulnerable to risks such as…
Access to affordable healthcare remains a critical challenge for low-income and informal sector workers worldwide. With rising healthcare costs and the lack of financial safety nets, millions of people are…
A report from the Microinsurance Network reveals that inclusive insurance is making strides, but challenges remain in terms of scale and reach. The report finds that 330 million individuals are…