by AIP Online Bureau | Apr 14, 2025 | Indian News, Life, Non-Life, Regulation, Technology
The Ministry of Finance has prohibited three PSU general insurers- Oriental Insurance Company , National Insurance Company and United India Insurance- from providing any capital to Bima Sugam as currently, they lack shareholders’ capital and they are not permitted use...
by AIP Online Bureau | Feb 15, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life, Regulation, Technology
The implementation of Bima Sugam is going as planned and is now ready to be capitalized by Indian insurers, said the IRDAI Hyderabad: The unveiling of of IRDAI’s game changing move Bima Sugam might have been delayed but the portal for Bima Vahak’s, the localised...
by AIP Online Bureau | Feb 10, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation
Debasish Panda,chairman,IRDAI The IRDAI, on Feb 12, is expected to do a plain speaking to the insurers who have not taken their Bima Sugam job seriously. IRDAI chairman Debasish Panda will address CEOs of non-life insurance companies on 13th Feb and life companies...
by AIP Online Bureau | Nov 16, 2024 | Briefs, Life, Non-Life, Risk Management, Technology, Workplace/Employee Benefits
In another key appointment, Bima Sugam India Federation has appointed Bharat Panchal, a three-decade IT veteran having experience in fintech, banking, and telecommunications sectors, as its chief risk, security, and stakeholder management officer. Recently, Prasun...
by AIP Online Bureau | Oct 15, 2024 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Non-Life, Technology
Prasun Sikdar, MD & CEO, designate, Bima Sugam Federation “I am truly excited about the journey ahead and the potential to democratise and universalise insurance in Bharat. Our commitment to enhancing affordability, accessibility, and availability is crucial...
