Industry News

Busting myths around senior citizen health insurance
Monday 09 December, 2019
Healthcare persists to remain a critical lifeline for elderly citizens as they grow old. However, over the two decades, out-of-pocket health expenditures for aging adults are expected to increase manifold.

Ayushman Bharat
Monday 09 December, 2019
Tapan Singhel: ‘After Ayushman Bharat, govt should think of parametric solutions for loss from floods

Health cover for robotic surgeries, CyberKnife treatments
Friday 27 December, 2019
Standalone health insurer Max Bupa has launched a new product that covers robotic surgeries and CyberKnife treatments. This product offers a sum insured of up to Rs 3 crore.

For non-life insurers, year 2020 is going to be year of digital
Friday 27 December, 2019
For non-life insurers, year 2020 is going to be year of digital By 2020, every three in four policy purchases is estimated to be influenced by digital channels..

Insurance firms go for digital-first to grow business
Monday 04 June, 2018
Insurance firms knock off agents, go for digital-first to grow business - Business Standard – 4th June 2018 Insurance is a business of relationships; traditionally, an outcome of frequent handshakes between agents and their customers. That is changing fast. Some of the country’s biggest insurers are moving to a digital-first approach, reducing the dependence on agents for selling an insurance product.

IRDAI fixes motor third-party insurance premiums for FY19.
Thursday 30 March, 2017
General insurers told Business Standard the reduction in premium rates would motivate customers, especially private car and motorcycle owners After having issued a set of proposed revisions to motor third-party insurance premiums early this month, the Insurance Regulatory and Development Authority (IRDAI) notified general insurers of the rates applicable from April 1 onward. IRDAI has kept the premium rate unchanged from that stated in its draft for private cars and two-wheelers.