PM’s insurance plans records 300 claims till now
The government's New Accident and Life Insurance covers have already received more than 300 claims in nearly three months since its inception. The official data reads out that the…
CLINICAL TRIALS LIABILITY INSURANCE COVER – A MANDATORY REQUIREMENT FOR DRUG MANUFACTURERS
1. Introduction: 1.1. Current pharmaceutical boom promises to be the next revolution after Information Technology & BPO / Call centres in India. Within the pharmaceutical industry, Clinical Research - which…
LEARNING & COMPETENCY DEVELOPMENT IN INSURANCE
Introduction A learning management strategy is key to an organizations liability to deliver focused and efficient Learning and development plans in the insurance sector if looking forward and steps…
Customer Retention- A Major Concern for an Insurance Company-An Analysis
Introduction: Just like Formula 1 racing, insurance companies are racing in market to offer most appreciable deals to their valued customers. We are here talking about customer satisfaction. It…
Future Generali shifts focus to data analytics
Future Generali is shifting focus for using the data on millions of customers that outlets such as Big Bazaar or Home Town generate, instead of trying to selling any…
DD, AIR to publicize claim settlement of PM’s insurance schemes
The finance ministry is seeking wide publicity for the claim settlement procedures under the two insurance schemes announced by the Prime Minister in May. The idea is to highlight…
Future Generali penalized for Rs.50 lakh
The IRDAI has imposed a penalty of Rs.50 lakh on Future Generali Life Insurance Company against 34 charges on a variety of aspects related to business. It has…
Foreign stakes in insurers’ parent not to count for FDI
The finance ministry clarified the doubts on the fact that the foreign shareholding in parent companies of insurance ventures would not be counted as overseas ownership for computation of…
Vice President Addresses at Diamond Jubilee Celebrations of the Insurance Institute of India, Mumbai
The Vice President of India Shri M. Hamid Ansari has said that Insurance can mitigate the economic impact of events like illness, death, disability, fire, theft, and natural disaster…
Capital requirement for health insurance ventures to be slashed by 33%
The Insurance Regulatory and Development Authority of India (Irda) is on the mind of reducing the capital requirement for setting up a standalone health insurance company by as much as…