New Product Development Needs in Motor Insurance
Introduction Change is the only thing that is almost always constant. Organisations have to keep revamping their business strategies from time to time to grow their business and capture a…
Introduction Change is the only thing that is almost always constant. Organisations have to keep revamping their business strategies from time to time to grow their business and capture a…
Gross direct premium underwritten by the general insurance industry came down 4.41% in September as motor insurance and crop insurance businesses remained under stress. IRDAIA data revealed that general insurance…
With slew of new car models being launched and the festival season round the corner, the automobile sector is expected to pick up pace in the coming months and with…
Preface: With new liberalization policies encouraging FII (Foreign Institutional Investment), Automobile giants all over the world started establishing their base in the Indian Automobile Market with companies like Hyundai, Ford,…
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 for…
General insurers have sought more time from the Supreme Court to implement its directives on making long-term third-party insurance mandatory and ensuring pollution under control (PUC) certificate is in place…
The Indian government has recently passed the Motor Vehicle Amendment Bill 2016 in Lok Sabha. The Bill brings in major amendments to the 30-year-old Motor Vehicle Act. Certain amendments emphasise…
Happy customers are the key ingredient for a successful recipe for all companies; the same holds true for the insurance industry. If a policyholder is unhappy either with the service…
Sitting on the bank of a ferociously surging river one can give a touching discourse about 'dos' and 'don'ts' of swimming. Unfortunately, you will know the depth of the river…
According to the general insurers, the steep hike in premium rates of motor third-party insurance proposed by IRDAI in some segments will help ease out losses, according to general…