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…
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,…
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…
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…
The Insurance Regulatory and Development Authority of India (`The Authority`), in terms ofCircular ref: IRDAI/NL/CIR/MOT/137/08/2018 dated 28th August, 2018, had assigned Unique Identification Number (UIN) to Motor Long Term Third…
This has reference to Circular Ref.IRDAI/NL/CIR/MOTP/158/09/2018 dated 20th September, 2018 on the subject. We have received complaints/communications from various stakeholders regarding certain aspects of implementation of Compulsory Personal Accident Insurance…
Motor Accident Claims Tribunal (MACT) has awarded a compensation of Rs 23 lakh to the family of a 73-year-old man, who died in a road accident involving a rashly-driven mini…
Come September and owners of passenger cars and two-wheelers will have the option to select their insurer while buying or renewing their motor insurance policy. A comprehensive motor insurance policy…
1. The Government of India is focusing on Intelligent Traffic Management System in the Metropolitan and Smart Cities. In view of this, the Automated Traffic Enforcement and violations of Motor…
Govt. has taken steps to bring health scheme on common platform wherein The National Health Authority (NHA) has tied up with Employees State Insurance Corporation (ESIC) for interoperability with PMJAY…