September 2024-Insurance Times

Let’s suppose you wake up one morning feeling a little under the weather. You decide to see a doctor and go to your neighborhood clinic. The doctor examines you, prescribes…

In my last article, *Insurance Phobia* published in the *Insurance Times*, I enumerated various aspects of why people are afraid of insuring as they feel that insurance is not a…

Electric vehicles (EVs) differ from combustion engine vehicles, particularly in terms of torque. The torque of an electric vehicle is more linear, providing instant maximum torque, whereas in a combustion…

Ghost ships have long captured the imagination of people. These are vessels that are found adrift or abandoned at sea with no crew on board. Ghost ships can be traced…

Introduction In India, joint family system was the basis to meet all the social security needs of the joint family members, whether it was poor health, old age, financial or…

Retirement phase of our life is a milestone where we bid adieu to a traditional work routine and set out to begin a new chapter. It’s a wonderful phase where…

InsurTech, short for Insurance Technology, involves using technological innovations to improve efficiency and reduce costs in the insurance industry. The innovations harnessed in InsurTech typically come from fields such as…

In today's fast-paced world, the only constant is rapid change. While change has been a buzzword across all industries, insurance was often perceived as slow and unyielding due to its…

The concept of risk-based pricing in insurance has long been a fundamental principle guiding how premiums are calculated. Essentially, this pricing model ensures that the cost of an insurance policy…

The insurance industry is at a critical juncture as the impacts of climate change intensify. The increasing frequency and severity of extreme weather events pose significant challenges for insurers, not…