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Cover Story

First Indian Company certified with ISO 31000:2018

ICICI Lombard – First Indian Company certified with ISO 31000:2018

May 2018

The British Standard Institution (BSI) has awarded a Certificate of Compliance to ICICI Lombard – the first Indian company to be certified with the ISO 31000:2018

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Featured Articles

Soon Your Motor Insurance Premium May be Determined by Telematics

December 05 2018

An IRDAI panel set-up to examine the pricing of third-party motor insurance plans have recommended the use of telematics to determine the insurance premiums more accurately in the future.

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Sixteen? Now You Can Get a License to Ride E-Scooters in India

December 12 2018

The government of India has decided to provide driving license for teenagers between 16-18 years of age to ride e-scooters with maximum motor power of 4 kWh at speed up to 70 kmph.

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ICICI Lombard To Go the AI Way for Motor Insurance Renewal

December 20 2018

ICICI Lombard has launched an artificial intelligence-based solution for instant renewals of expired or lapsed motor insurance policies.

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MoS for Health Says Health Insurance Infrastructure Must Keep Pace with Sector Growth

November 10 2017

With the health insurance industry seeing significant growth, the government is keen on ramping up infrastructure

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Third Party Motor Insurance is Now the Money Spinner

November 07 2017

The IRDAI, in the last financial year, raised the cost of third party motor insurance premium by 28% for cars in the 1000- 1500 cc and above range

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Health and Motor Sectors Driving Insurance Growth

October 18 2017

Insurance industry is growing at a rapid pace. This growth is driven by the demand in health, motor and crop insurance

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Tamil Nadu Announces Accident Insurance for School Kids

October 15 2017

Tamil Nadu government is in the process of introducing accidental insurance for school kids. The state has highest number of road accidents in India

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Insurers Can’t Reject Genuine Claims, says Supreme Court

October 09 2017

The Supreme Court has ruled that delayed claims with genuine reasons for delay cannot be repudiated. This is good news for motor insurance policyholders

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Standalone Health Insurance to Touch ₹20,000 Crore by 2020

October 03 2017

The health insurance industry is witnessing growth on the back of rising healthcare expenses and will touch ₹20,000 crore by 2020

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Crop Insurance Scheme Pushes Insurance Penetration Past 1% of GDP

October 02 2017

Driven by the success of crop insurance, the non-life insurance industry is poised to double its contribution to GDP in next 5 years

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KYC Norms Coming Soon to General Insurance Industry

September 29 2017

The introduction of KYC will help general insurers in facilitating timely renewals for motor insurance and also cross-selling other products

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Investments by General Insurance Companies on the Rise

September 21 2017

General insurers are increasing investments in government securities due to increased premium collection and raising of capital following successful IPOs

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Looking to Buy Insurance? You Don't Need an Aadhaar Card

September 04 2017

IRDAI confirms that Aadhaar card is not mandatory for customers purchasing insurance. However, Aadhaar information, if provided is sufficient for KYC.

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