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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

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

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.

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.

December 14 2015

IRDAI Chairman Mr. T S Vijayan recently launched a portal named 'Registry of Hospitals in Network of Insurers' (ROHINI) to ensure a centralized depository of information pertaining to health insurance.

December 01 2015

Handwritten passports will no longer be valid for international travel with effect from 25th November 2015, as directed by the government of India for its citizens.

November 21 2015

IRDAI has been considering a single-premium health plan for the Indian insurance sector for some time. Meanwhile, the long-term health policy proposed by it has turned out to become profitable on many fronts.

November 19 2015

The General Insurance Council (GIC), which is an association of non-life insurance companies in India has decided to put up a database of suspected cheats and frauds.

November 16 2015

A survey conducted by ICICI Lombard on Understanding Lifestyle and Attitude towards Health of Millennial (those born in the 80's and the 90's) stated that the Indian Millennial spend just 5% of their monthly income on health and medical needs

November 13 2015

A joint study conducted by Assocham-CRISIL states that the government should implement an index based on the insurance penetration and regard it as a measure of financial and social progress.

November 10 2015

The Insurance Regulatory and Development Authority of India (IRDAI) has taken a revolutionary decision by allowing a new type of distributor.

November 06 2015

Keeping in mind the needs of the Internet-savvy generation, many insurance companies are collaborating with technology firms to make online transactions hassle-free.

November 02 2015

Wearing a helmet while riding a two wheeler is considered one of the most effective road safety mechanisms. However, despite imposing it as a law in many Indian states, and enforcing penalties on such drivers, the country continues to witness several such cases daily.

October 28 2015

The storm gathering around Volkswagen (VW) over the emissions from its rigged diesel cars has thickened, with the retrofit requiring repairs for an estimated 11 million diesel cars, to comply with pollution regulations.