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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

Insurance Regulator Mandates Cancellation of RC In Case of Total Loss Claim Settlement

July 30 2019

IRDAI’s mandate to cancel the registration of completely destroyed vehicles is expected to put a check in the cases of fraudulent car registrations.

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This Is How IRDAI Is Planning to Offer You More Freedom Regarding Health Insurance

July 09 2019

The IRDAI’s proposal of providing the health insurance policyholders with an option to select the TPAs of their choice is expected to result in better service offerings for them.

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How Sure Are You About Your Motor Insurance Policy?

July 22 2019

With the cases of fake motor insurance policies rising by the day, insurance companies have started to affix bar codes and 3D holograms on policy documents as a seal of authenticity.

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CII Asks Indian Insurance Companies to Embrace Digitisation

August 22 2017

CII sounds necessary alarm bells to keep the Indian insurance sector competitive in a global market, stressing on digitisation trends.

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Health Insurers to Share Data on Fraudulent Claims

August 15 2017

Healthcare establishments indulging in health insurance fraud will be identified and blacklisted by insurers. This data will be available to all members of the GI Council

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Pradhan Mantri Jan Dhan Yojana Settles 1,767 Claims

August 15 2017

Under PMJDY, an accidental cover of ₹1 lakh is provided along with a life cover of ₹30,000. Till August 4, 2017, a total of 4,165 life insurance claims were also paid out

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No Insurance Renewal for Vehicles without Clean Pollution Certificates

August 11 2017

The Supreme Court has directed insurance companies to not renew insurance of vehicles that don’t have a valid PUC certificate. Takes into account suggestions put forth by EPCA

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IRDAI Forms Steering Committee for Implementation of RBC Regime

August 10 2017

The insurance industry will be moving to RBC norms by 2021. IRDAI has formed a 10-member steering committee to oversee its implementation

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Insurance Penetration in India Lower Than the World

July 01 2017

The insurance penetration rate in India is just 3.42%. To improve this, the regulatory framework needs to be transformed, according to the report.

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Impact of GST on Your Insurance Premium

June 30 2017

Although GST has increased the cost of insurance premiums by 3%, it is still important to insure your life & properties, as they bring peace of mind. Read about the impact of GST here!

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The IRDAI Wants Insurers to Speed up Claims Process

June 30 2017

The IRDAI wants insurance companies to find a sound mechanism to deal with genuine delays in intimation of claims, without compromising on bad claims.

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Farmers Suffering Due to Lack of Awareness about Crop Insurance

June 29 2017

Many farmers in Trichy, due to their lack of knowledge about crop insurance, are suffering after losing their crops to drought. Know more about crop insurance here!

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Analysis of Insurance Data Could Benefit Customers

June 28 2017

Data Analytics could transform the insurance sector, making it more profitable and increasing customer satisfaction, if applied properly. Read more about it here.

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