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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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Sixteen? Now You Can Get a License to Ride E-Scooters in India

December 12 2018

The government of India has decided to provide driving license for teenagers between 16-18 years of age to ride e-scooters with maximum motor power of 4 kWh at speed up to 70 kmph.

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All cars sold from April 2019 to have fuel stickers, high-security registration plates

December 08 2018

The government has instructed car manufacturers to pre-fit high security registration plates and colour-coded fuel stickers on all vehicles being sold from April 2019 onwards.

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56% of the Indian Population is Still Out of the Health Cover Net

December 05 2018

A report from consulting firm Milliman found only 44% of the 1.3 billion Indian population to have health insurance.

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Soon Your Motor Insurance Premium May be Determined by Telematics

December 05 2018

An IRDAI panel set-up to examine the pricing of third-party motor insurance plans have recommended the use of telematics to determine the insurance premiums more accurately in the future.

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Further Clarity Required on Coverage for Mental Health Ailments

December 04 2018

General insurers asked for more clarity from the insurance regulator about the items pertaining to mental illnesses that should be covered under health insurance plans.

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Insurance Regulator Will Not Be Fixing 3rd Party Insurance Premium from 2021

December 04 2018

IRDAI has decided not to fix the third-party motor vehicle insurance premiums from financial year 2020-21, which means the insurers can quote their own price.

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Should India Follow the China Model in Universal Health Insurance Plan?

December 01 2018

A professor at Harvard TH Chan School for Public Health, Winnie Yip believed that India should not follow the Chinese model of universal health insurance, rather the focus should be on reducing the out-of-pocket expenditure on healthcare services.

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Are We Better Than The Americans in Detecting Insurance Frauds?

November 30 2018

A survey done by the Trans Union CIBIL Fraud Trend shows that the finance and insurance companies in India are twice more likely to detect frauds than their USA counterparts.

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17 Aliments to be Excluded from Medical Cover, Suggests IRDAI Panel

November 03 2018

An IRDAI constituted panel has suggested a list of 17 ailments to be permanently excluded from a health insurance policy.

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Indian Insurers are Lining Up to Offer A Wide Range of Protection from Cyber Threats

November 02 2018

Insurers are all set to roll out cyber insurance policies for individuals to protect them from a range of cybercrimes.

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