Role of a point of sale person in insurance
To increase insurance penetration in the country, the industry needs more distributors to travel the last mile. To achieve that goal, what's needed is a simple certification process for these…
Insurance Awareness Campaign, in the form of Radio jingles
Insurance Regulatory and Development Authority of India (IRDAI) has launched an Insurance Awareness Campaign, in the form of Radio jingles, for a period of six months starting from 20th February,…
Insurance Claim Dismissed Due to Failure in Transferring Policy After Vehicle Purchase
Chennai Ombudsman Centre Case No. : IO (CHN) 11.08.1232/2007 - 08 Mr. Praveen Kumar Vs Tata AIG General Insurance Co. Ltd The complainant Mr. Praveen Kumar purchased a Ford Ikon…
Motor Claim Complaint Dismissed Due to Complainant’s Non-Attendance at Hearings
Delhi Ombudsman Centre Case No.GI/297/Tata AIG/06 Shri Navin Kalra Vs Tata AIG General Insurance Company Limited Shri Navin Kalra had lodged a complaint with the Forum on 18.07.2006 against Tata…
Claim Delayed Due to Lack of Cooperation; Insurer Directed to Settle as Per Final Survey
Chennai Ombudsman Centre Case No. : IO (CHN) 11.05.1200/2007 - 08 Smt. Sri Padma Priya Vs The Oriental Insurance Co. Ltd The Complainant Smt Sri Padma Priya had obtained motor…
Motor Insurance Share Drops Below 30% for the First Time Amid Rising Health Insurance Premiums
Key Points: Motor insurance's share in the non-life insurance industry has dropped below 30% for the first time, largely due to slowing car sales. Health insurance premiums have surged, accounting…
Engine protection: Must-have in areas prone to heavy rains
The monsoon poses significant risks to vehicles, especially in areas prone to heavy rainfall and waterlogging. The risks increase for vehicles with low ground clearance. It is essential to have…
Chola MS General Insurance Partners with Mahindra Finance
Strategic Collaboration Chola MS General Insurance Company, a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Limited of Japan, has announced a strategic partnership with Mahindra Finance,…
Four Innovative Insurance Products Launched by New India Assurance on its 106th Foundation Day
On its 106th Foundation Day, New India Assurance, a leader in the non-life insurance sector, unveiled four innovative long-term insurance products across health, motor, and property segments. These new offerings…
IRDAI Clarifies Reward Structure for Motor Third-Party Insurance
Attention is drawn to Authority’s e-mail dated 7th December, 2017 to the Secretary General, General Insurance Council clarifying that commission/ remuneration on TP portion of premium is available from 4th…