by AIP Online Bureau | Jun 7, 2024 | Health, Indian News, Life, Non-Life, Regulation, Technology
Headquartered in Mumbai, the entity would now be incorporated as a Section 8 (non-profit) company under the name ‘Bima Sugam India Federation’. The members of its interim board are are- Rakesh Joshi, former member, IRDAI, Naveen Tahilyani, MD&CEO, Tata Digital,...
by AIP Online Bureau | Apr 14, 2024 | Health, Indian News, Life, Non-Life, Regulation, Technology
Debasish Panda, chairman, IRDAI Apr 19,2025, is the 25th foundation day of the Hyderabad based regulator and IRDAI chief chosen that day to launch Bima Sugam , which is expected to usher in the `UPI moment’ in the Indian insurance industry Mumbai: Debasish...
by AIP Online Bureau | Apr 11, 2024 | Health, Indian News, Life, Non-Life, Policy, Regulation, Risk Management
Debasish Panda,chairman,IRDAI Though, earlier, IRDAI had set a deadline of July 2024 for the Bima Sugam project to go live, observers point out delay in operation as the set of key components of this insurance electronic marketplace , including forming a...
by AIP Online Bureau | Apr 2, 2024 | Health, Indian News, Intermediaries, Life, Non-Life, Regulation, Risk Management, Technology
“No other person can commence or operate with same or similar objectives of the Marketplace and functions of the company,’’ the IRDA’s new regulations have clarified The new regulations have provision for penalty for certain violations/breaches by the...
by AIP Online Bureau | Mar 18, 2024 | Health, Indian News, Life, Non-Life, Policy, Regulation, Technology
Bima Sugm will be officially called as Rashtriya Bima Sugam Nigam Ltd, built with an intial corpus of Rs 200 crore and the shareholding of the company will be widely held amongst life insurers, general insurers and health insurers with no single entity having...
