Problem Description: The Financial Industry especially Insurance has been undergoing significant transformation in recent times due to IT & digital technological innovations. Though this change has significantly increased the growth…
Disclaimer The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency of the Indian…
GIC Re has proposed a dividend of Rs. 1002 crs for 2016- 17, a 17% increase off the previous year. GIC Re global premium grew 82% to 33585 crs. The…
Mr. Ashok Kumar Roy, former Chairman-cum-Managing Director of GIC Re breathed his last on 5th June. He suffered a massive heart attack on 4th June while visiting Haridwar along with…
As the insurance industry is pushing its efforts to increase the digital footprint, the moot question is, 'what is the future of the oldest channel, the insurance agent?' Agents contribute…
In the past half a decade or so, powered by the increasing penetration of the internet and smartphones, technology companies are dramatically disrupting industry after industry. Customers have started expecting…
It is necessary to have clear-cut guidelines for the smooth implementation and operation of order of preference as specified in Regulation 28 (9) of IRDAI (Registration and operations of Branch…
It is interesting to note some facts about frauds in Health Insurance industry in India and globally: A survey conducted by one of the leading Third Party Administrators, showed that…
IRDAI is looking for a suitable person to work on contract basis to oversee its call centre operations in addition to assisting the Authority with the periodical audit of the…
Reference is invited to the provisions of IRDAI (Third Party Administrators - Health Services) Regulations, 2016. Under the powers vested with Regulation (27) of these Regulations, the following clarifications are…