by AIP Online Bureau | Mar 15, 2026 | Health, Indian News, Non-Life, Reinsurance, Technology
Ajay Seth,chairman, IRDAI “We are having a virtual conference with insurers and officials of Bima Sugam Federation,wherein details of a standard motor and standard medical policy sold over the platform would be discussed,’’ said the IRDAI sources IRDAI chairman...
by AIP Online Bureau | Sep 17, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life, Regulation
“The launch of the website today is an important milestone, and I am confident that with collective industry commitment, the vision of ‘Insurance for All by 2047’ — as part of the Prime Minister’s mission of Viksit Bharat 2047 — will become a...
by AIP Online Bureau | Jul 3, 2025 | Indian News, Life, Non-Life, Technology
Rakesh Joshi, chairman, Bima Sugam India Federation Joshi as a member of IRDA from March 2022 to December 2023, under the chairmanship of Debasish Panda was very closely involved with the development and implementation of Bima Sugam and Bima Vistaar...
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...