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Latest Insurance News Today

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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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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Liberalised FDI in Insurance Intermediaries: Know What This Means for You

July 08 2019

The government’s proposal of 100% FDI for insurance intermediaries is expected to make the sector more competitive, resulting in better product offerings for buyers.

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Cognizant Develops Blockchain Solution for Insurers

April 16 2018

Cognizant has developed a blockchain solution that is expected to provide several benefits to life insurers part of the consortium.

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Aadhaar Not Compulsory For Existing Policies

April 06 2018

With several petitions pending in Supreme Court regarding the constitutional validity of Aadhaar, IRDAI has cleared its stance on it for insurance cover

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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

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IRDAI Announces Rates For Third-Party Motor Insurance Premiums for 2018-19

March 29 2018

Insurance regulatory body lowers third party motor insurance premium rates for 2018-19. The move is expected to bolster sales of motor insurance policies.

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Survey: Two-thirds of women think that Critical Illnesses occur due to a lack of physical activity

March 19 2018

A meagre number of women hold a Health Insurance Policy and an even lower number hold a Critical Illness Cover which not only provides cover against critical illnesses but also saves you and your family from financial distress.

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IRDAI To Lower Third-Party Insurance Premiums on Small Cars

March 10 2018

IRDAI proposed to lower third-party insurance premiums on small cars below 1000 cc and certain types of two-wheelers from April 1

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KCR Announces Mega Insurance Schemes For Farmers

March 02 2018

The chief minister of Telangana KC Rao announced mega health-cum-life insurance schemes for state farmers, which provides them a cover of ₹5 lakh

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Can’t Deny Insurance Claims For Genetic Disorders: Delhi HC

February 28 2018

The Delhi High Court ruled that the health insurance companies cannot deny the claim for genetic disorders and it is unconstitutional

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Insurance Cover Of ₹50 lakh for India’s CWG-bound Athletes

February 27 2018

All the 227 Indian athletes who will take part in the 2018 Commonwealth Games in Gold Coast, Australia will get a insurance cover of ₹50 lakh

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Wrongly-Designed Dividers Cause 70% Of Road Accidents

February 23 2018

A study by VNIT in Nagpur has revealed that more than one-third of the road accidents in the city are because of poorly designed medians

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