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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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Insurance Companies Going the Digital Way

May 11 2015

Indian insurance companies are expected to invest close to `130.4 billion on IT products and services this year. This amounts to a 10.4% increase in IT expenditure over the previous year.

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Issuing Electronic Insurance Policies to Become Mandatory

April 28 2015

Insurance Regulatory and Development Authority of India (IRDAI) is in the process of ensuring that insurance companies provide the insured with an electronic version of new insurance policies.

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Nepal Earthquake: Insurers Begin Loss Assessment Process Title

April 27 2015

After succumbing to the country's worst earthquake in 80 years, Nepal is now trying to recuperate from the losses faced in past two days. Property, Life and Motor insurance companies have begun their loss assessment survey.

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Hiked Limit for External Surveyors Likely to Quicken Claim Process

April 16 2015

As per Insurance Regulatory and Development Authority of India's (IRDAI) amendments to the Insurance Surveyors and Loss Assessors regulations last week, the claim limit for mandatory availing Surveyor and Loss Assessor service has been hiked.

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IRDAI Hikes Qualification Criteria to Avail Surveyor and Assessor Services

April 15 2015

As per a recent Insurance Regulatory and Development Authority of India (IRDAI) directive, there has been a hike in the claim amount required to avail Insurance Surveyor and Assessor Services.

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General Insurance Market Softens As ONGC Renews Insurance at 35% Discount

April 03 2015

As compared to last year, this year's general insurance market seems to have softened in terms of the premium amount charged.

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Approved Insurance Bill Expected to Revamp Indian Insurance Sector

March 26 2015

The recently approved Insurance Bill is expected to revamp the functioning of the Indian insurance sector with its forward-looking initiatives.

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Electronic Detection System to Keep Track of Motor Insurance

March 18 2015

A recent study conducted by the Insurance Information Bureau of India (IIB) revealed that 55% of registered vehicles in India do not possess the mandatory Third Party Liability insurance.

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Parliament Approves Insurance Bill

March 18 2015

After a lot of deliberation, the revolutionary Insurance Bill has been passed by the Parliament. It will be considered as an act when the President signs it.

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Lok Sabha Clears the Insurance Laws (Amendment) Bill 2015

March 18 2015

The year 2015 has brought some cheer for general insurance policy holders. Be it mediclaim, home, motor or travel, industry sources say that the premium for any of these policies is unlikely to rise this year.

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