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Identify Fraudulent Claims Insurance Industry

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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The General Insurance Council of India to Develop Data Banks of Fraudulent Claims

July 13 2016

The GIC will provide a free software module to insurance companies to detect fraudulent claims, as per a recent report.

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Insuring Two Wheelers with Long-Term Plans

July 05 2016

ICICI Lombard has introduced long term two wheeler insurance plans to encourage renewals

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Car Insurance Costs to Reduce with the Use of Technology

July 04 2016

The use of advanced technology in cars is expected to bring down the rate of car insurance premiums.

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Milestone Achieved by ICICI Lombard’s Two Wheeler Policy

June 28 2016

The long duration insurance policy introduced by ICICI Lombard has achieved popularity amongst two wheeler owners, who want long-term policies for other insurance products too.

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Insurance Payout Fraud Probes by IRDAI

June 24 2016

A committee will be set up by the IRDAI to look into the allegations of motor fraud by general insurance companies.

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ICICI Lombard to Provide Crop Insurance in Haryana

June 21 2016

The Haryana government has chosen ICICI Lombard to provide crop insurance coverage to farmers in Haryana. This falls under the Pradhan Mantri Fasal Bima Yojana (PMFBY).

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90% Employees Will Take up Yoga with Proper Encouragement: Survey

June 21 2016

While government initiatives are underway to popularise yoga, organisations also need to encourage employees to take up yoga, reveals ICICI survey.

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Adopt Data Analytics for Product Design and Pricing: IRDAI Chairman

May 28 2016

Designing and pricing insurance products with data analytics tools and technology will boost insurance coverage and reduce costs.

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Important Auto Insurance Add-ons

May 26 2016

A multitude of external factors make motor Insurance an essential purchase for all vehicle owners.

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Online Health Products, A Huge Hit Among Indian Customers

May 21 2016

Indian customers these days prefer to buy the best of health supplements on the internet.

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