GIC in the News for October, 2023

CSR A Strategic Imperative for Businesses in the 21st Century Digital World
Thursday 12 October, 2023
To want to feel included is a basic human need, and Corporate Social Responsibility (CSR) gives us the opportunity to work with our employees, local communities and humanity at large to build an inclusive and sustainable society.

Hit and run motor accidents
Thursday 12 October, 2023
India has the highest number of road accident fatalities in the world. Such road accidents, where the vehicle causing injury or death to a person(s) cannot be identified or traced, are known as ‘Hit and Run Motor Vehicle accidents.’ Mr Humayun Khan, Consultant of the Council handling the Hit and Run cases, gives a detailed overview of Hit & Run cases being handled at GI Council.

Emerging Horizons New Opportunities in Commercial General Insurance Segment
Saturday 14 October, 2023
The Indian economy continues to be a beacon of growth and opportunity, attracting both domestic and foreign investments across various sectors. The country's economic reforms and ease of doing business initiatives have further improved the investment climate, fostering entrepreneurial spirit and innovation-

Insurance for All IRDAI s Bima Vahak Guidelines for Inclusive Insurance for all villages
Saturday 14 October, 2023
In a significant move aimed at transforming India's insurance landscape, the Insurance Regulatory and Development Authority of India (IRDAI) has introduced the 'Insurance Regulatory and Development Authority of India (Bima Vahak) Guidelines, 2023” on 9th October 2023. These guidelines are set to revolutionize insurance distribution in the country by creating a dedicated channel with a focus on enhancing insurance inclusion, especially in rural areas

Swiss Re Report Global economy not out of the woods yet alternative scenarios for re/insurers
Thursday 05 October, 2023
Swiss Re Report Global economy not out of the woods yet alternative scenarios for re/insurers

Case study Forged hospitalization claim by employee under group health insurance policy
Friday 13 October, 2023
An Employee with the intention to gain undue amount in form of medical reimbursements raised forged documents and fake lab reports. The issue was brought to the notice of fraud & risk control team and it was investigated against the alleged customer. NivaBupa health insurance company shares the case without real names for public awarenes

Healthcare for All is a Shared Responsibility
Saturday 14 October, 2023
India's G20 Presidency marks a significant milestone in its history, as the nation takes on the responsibility of finding practical global solutions for the well-being of all. Our honorable Prime Minister Narendra Modi, during the G20 Summit in Indonesia last year, emphasized the importance of health, alongside food security, energy security, and digital transformation. This recognition of health as a fundamental aspect of India's prosperity is crucial.

GI Council Appoints Health Insurance Expert to Implement 100% Cashless Payment System
Thursday 12 October, 2023
GI Council Appoints Health Insurance Expert to Implement 100% Cashless Payment System

Exploring Innovative Insurance Products for the Digital Age
Tuesday 10 October, 2023
In today's rapidly advancing digital age, the insurance industry is undergoing a remarkable transformation, marked by the infusion of cutting-edge technologies into traditional risk management practices.

Premium score board September 2023
Friday 13 October, 2023
Premium score board September 2023
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Australia- Shift from medical model of disability to social and rights-based models
Friday 27 October, 2023
Asia Insurance Review There is currently an existing movement from a medical model of disability to social and rights-based models, according to a report released yesterday by the Actuaries Institute.

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