Health Insurance News for August 2026
Bengal Government Launches Rs. 5 Lakh Health Coverage Scheme The West Bengal government has introduced the Mukhya Mantri Swasthya Bima Yojana (MMSBY), providing health insurance coverage of up to Rs.…
General Insurance News for August 2026
Non-Life Insurance Premiums Rise 16% in June, Led by Health Segment Growth India’s non-life insurance sector recorded its strongest monthly premium growth in five months during June 2026, supported by…
AI in Insurance: Innovation Must Remain Accountable
The Insurance Regulatory and Development Authority of India has constituted a seven-member working group to examine the adoption, governance and oversight of artificial intelligence in the insurance industry. It has…
The ‘Always-On’ Consumer: Why Insurance Needs to Be Real-Time and On-Demand
When it comes to service expectations, modern consumers no longer differentiate between industries in an era characterised by instant gratification. Speed and convenience are essential when placing food orders, scheduling…
The New Insurance Imperative: Securing Personal Data in the Era of DPDP Compliance, Digital Trust, and Cyber Resilience
Introduction The insurance industry has always been a custodian of highly sensitive information. However, the digital transformation of insurance has fundamentally changed the scale, complexity, and risk associated with personal…
Allianz Confirms Job Reductions Amid AI-Driven Transformation in Insurance
Allianz, one of the world’s leading insurers, has confirmed hundreds of job cuts as it accelerates the adoption of artificial intelligence (AI) and other digital technologies across its operations. The…
Insurance Futurist: AI is Leveling, Not Disrupting, the Insurance Industry
A prominent insurance futurist has emphasized that artificial intelligence (AI) is reshaping the insurance industry as a leveling force, rather than causing disruption. AI tools help insurers automate routine processes,…
Wipro Expands Stake in Aggne to Boost AI Initiatives in Insurance
Wipro has increased its stake in Aggne, a company specializing in artificial intelligence solutions for the insurance industry, to strengthen its capabilities in AI-driven digital transformation. The move is part…
The Next Decade of Indian Health Insurance: Why Interoperability Matters More Than Innovation
Summary: After two decades in risk management, claims investigations, and insurance operations, I have learned that technology alone does not solve trust deficits. The next chapter of Indian InsurTech will…
Digital Insurance Platforms Market Forecast to Hit $432 Billion in Coming Years
The digital insurance platform market is projected to expand significantly, with estimates suggesting it could reach $432 billion in value as insurers increasingly adopt digital technologies to enhance customer experience, streamline…