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ICICI Lombard Upgrading Fraud Detection To Stem Fraudulent Claims

March 2018

Increasing incidences of fraudulent claims has led ICICI Lombard to strengthen their fraud detection processes

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ICICI Lombard Upgrading Fraud Detection To Stem Fraudulent Claims

March 31 2018

Increasing incidences of fraudulent claims has led ICICI Lombard to strengthen their fraud detection processes

Read More

Union Budget 2021: Finance Minister proposed hiking FDI limit in insurance to 74%

February 02 2021

The Government of India has proposed a hike in the limit or cap on Foreign Direct Investment (FDI) in the insurance sector to 74% from the existing 49%. The decision was announced by the Finance Minister of India, Mrs Nirmala Sitharaman, during her budget speech in the parliament on 1st February 2021.

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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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Insurance Industry to Witness Rapid Growth, Say Experts

February 18 2017

Crop insurance is the primary factor for growth. Too many players in industry with little scope for consolidation in the near future, say experts.

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Lower Loan Rate with Home Insurance to Be a Reality Soon

February 16 2017

Soon home buyers will be able get reduced home loan rates by 0.5% if they opt for a home insurance.

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Demand for Cyber Insurance Rises as Cashless Transactions Increase

February 13 2017

With an increase in cashless transactions and rising incidences of cyber crimes, demand for cyber insurance will increase in the future.

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Indian Insurance Industry to Go Forward in Coming Years

January 30 2017

A recent survey by Dun and Bradstreet revealed that Indian insurance industry is likely to experience tremendous growth in coming years.

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Insurers Attract Customers with Digital Services and Health Points

January 26 2017

Insurers employ digital services to enhance the holistic customer experience and reduce the turnaround time and cost.

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Insurance Companies Seeking to Tap E-Wallet Potential

January 20 2017

With usage of online payments and mobile wallets on the rise, insurance of digital transactions is the next big thing.

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Road Ministry May Regulate Your Motor Insurance Premium

January 20 2017

If a recent inclusion in the Motor Vehicles Act gets approved then the Road Ministry will get to decide your motor insurance premium.

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Health Insurance Collections Grow Over 20%

January 16 2017

With an increasing penetration of health insurance in the country, premium collection for the segment increased by 20% for 2015-16.

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Government Schemes Bring Healthcare to the Masses

January 13 2017

Government schemes have helped in the expansion of India’s health insurance coverage by 14% in the past decade.

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General Insurance Sector Registers Growth Despite Demonetisation

January 10 2017

General insurance sector shines in November despite demonetisation, thanks to the brisk sales in motor and health segment.

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