Mumbai, March 06, 2023: ICICI Lombard, one of the leading insurance companies in the country, has announced that it will celebrate the month of March as Women’s Month in an effort to empower women in their physical and financial well-being. During this time, the company will offer free health check-ups, which will be available to 10,000 women on a first-come-first-served basis, across key locations in India. In addition, with an aim to promote women entrepreneurship, the company will undertake a comprehensive training program to recruit and educate women agents and brokers. Women can also avail Roadside Assistance Service (RSA) during this entire month.

Union Bank of India Launches Women Cancer care solution- Pink health Powered by Manipal Signa Health Insurance.

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.

The road transport ministry has asked the insurance regulator to direct all companies not to issue or renew insurance of vehicles unless they have ‘pollution under control’ (PUC) certificate • The road transport ministry has asked IRDA to not issue insurance without PUC certificate • The ministry has also asked the IRDA to direct the companies to submit their compliance report by June 15 • The ministry will also write letters to about two dozen insurance companies

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.

Move follows order by Delhi HC on the issue; insurers will have to de-list 'Genetic Disorders' from list of exclusions Following an order by the Delhi High Court on March 19, 2018, the Insurance Regulatory and Development Authority of India (Irdai) sent directives to all General and Health insurers to not include ‘Genetic Disorders’ as one of the exclusions in new health insurance policies. Some of the most common Genetic Disorders include Down syndrome, Hunington’s disease, Hemophilia, Thalassemia, Cystic Firbrosis and Sickle Cell Anaemia, among many others. Such conditions were violative of Article 14 of the Constitution of India and the court directed Irdai to re-look at these exclusionary clauses and ensure that insurance companies do not reject claims on the basis of expulsions related to genetic disorders.

The Conference was being attended by EC Members of IUMI and invited Guests from Indian Insurance Companies, Marine professionals and Practitioners