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“Traditional products will become  simpler and standardized,the demand will be more for innovative products to cover emerging risks”

SN Rajeswari,General Manager, New India Assurance, has recently been selected to become the CMD of Delhi based Oriental Insurance Company.. In an exclusive interview with Asia Insurnace Post, she said technology will continue to disrupt the Industry.Customers have evolved significantly and rely on technology for information and feedback.
Therefore traditional marketing and communication strategies are not going to help customer retention,without the support of technology. Web aggregators supported by digital have emerged as a distribution channel in the insurance value chain.  Technology supported by human interface will take forward customer service and retention to a long way,she said.
Edited Excerpts”

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India’s COVID-19 tally climbs to 13,85,522,death toll rises to 32,063

“The way we have fought coronavirus is really appreciable. Our fatality rate is much less than most other countries. We were able to save the lives of lakhs of people, but we have to remember that the coronavirus is still as dangerous as it was in the beginning, said Prime Minister Narendra Modi on Sunday. in his monthly radio programme called ‘Mann Ki Baat’.The COVID-19 death toll in the country rose to 32,063 with 705 fatalities being recorded in?a day, the data updated at 8 am showedThere are 4,67,882?active cases of coronavirus infection presently in the country.Thus, around 63.92 per cent people have recovered so far

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Why COVID-19 is killing U.S.diabetes patients at alarming rates

America’s mortality rates from diabetes have been climbing since 2009 and exceed most other industrialized nations. Blacks and Latinos suffer from diabetes at higher rates than whites and have disproportionately suffered from COVID-19.

“Diabetes was already a slow-moving pandemic. Now COVID-19 has crashed through like a fast-moving wave,” said Elbert Huang, a professor of medicine and director of the University of Chicago’s Center for Chronic Disease Research and Policy.

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