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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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Over 1.7 Million Benefitted from CM’s Health Insurance Scheme in Tamil Nadu

May 15 2017

The CMCHIS provides health coverage to over a million families who can’t afford expensive treatment in private hospitals. Read more about the health insurance scheme here.

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Property Insurance Rates to Increase Post July This Year

May 11 2017

The IRDAI has asked insurers to submit revised rates to the Insurance Information Bureau (IIB), which will not be lower than the base rates of IIB. Read more about the hike in property insurance here.

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Insurance Industry Outpaces Indian Economy, Says IRDAI

May 10 2017

As per the IRDAI, the insurance industry registered 17% growth on premiums that outpaced the growth of the Indian economy. Read more about it here.

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Driving Without Motor Insurance May Lead to License Cancellation

May 03 2017

The government is now planning to cancel the registrations of vehicles found without Motor Insurance, in an effort to increase vehicle insurance continuity among vehicles.

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Get 25% Additional Insurance Cover for Wearing Helmet

April 26 2017

A general insurance company is offering an additional 25% sum insured in the family floater health insurance plan for wearing a helmet while riding a two wheeler.

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Insurers Likely to Increase Premium for Mental Illnesses

April 07 2017

Insurance cover for mental illnesses likely to affect the health insurance premium of more than 150 million people in the country living with mental disorders

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ICICI Lombard Wins Stevie Award for Best Contact Centre

April 06 2017

ICICI Lombard gets the Bronze Stevie award due to its structured processes, multifunctional technology integration, and customer centric metrics.

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General Insurance Premium to Increase from April 1

March 26 2017

The hike in general insurance premium comes after IRDAI approval to insurers for revision in commission to agents

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Regulator Formulating New Vehicle Insurance Policies

March 21 2017

These new policies are meant to increase the coverage of mandatory third party vehicle insurance and give more options to the vehicle owner

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Vehicle Insurance to Be Made Mandatory for Fitness Test

March 17 2017

Uninsured vehicles in Telangana will soon be not allowed to undergo fitness tests or any other transactions at the RTA.

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