Introduction In industrial operations, especially those involving hazardous or flammable materials, the potential for fire incidents poses a substantial threat. Fire insurance is a crucial element of risk management in…
As I reflect on an article I wrote in 2018 on “Turning Risk and Compliance function into a competitive edge”, I notice that the world has significantly changed over the…
Prof (Dr) Abhijit Chattoraj, an established academician and a professional with international acclaim and a proven track record in academic administration, joined IMS Unison University in September this year after…
Insurance is a financial safety net that protects individuals and businesses from unforeseen risks and liabilities. While insurance companies offer this valuable service, many people wonder, how do insurance companies…
In today’s unpredictable world, securing your financial future is more critical than ever. One of the most effective ways to do this is through insurance. Whether it's safeguarding your health,…
GIC Re successfully completed its maiden IPO which was subscribed to the extent of 1.90 times. This will increase the visibility of the company among the masses. Newindia Assurance has…
The "Insurance for All" Vision Meet, hosted by insurance councils over two days on August 23rd and 24th, 2024, in Mumbai, was a pivotal event aimed at laying the groundwork…
Risk management is not a subject that gives a product with a clear price tag sold in the market such as life insurance, health insurance, general insurance, pensions etc. Such…
All insurers regardless of size, complexity, or lines of business, collect, store, and share with various third-parties (e.g., service providers, reinsurers etc.)substantial amounts of personal and confidential policyholder information, including…
Consequent upon promulgation of Insurance Laws (Amendment) Act, 2015, the existing Insurance Broker regulations would undergo a change. In addition to the developments in the market and the experience of…