by AIP Online Bureau | Apr 28, 2025 | Indian News, Non-Life, Policy
Additional Solicitor General Vikramjit Banerjee appearing for for the Centre submitted that the GI Council was not cooperating. He informed the Court that the GI Council wanted to check the status of insurance policies of the victim before releasing funds and had...
by AIP Online Bureau | Sep 1, 2024 | Indian News, Non-Life, Policy, Risk Management, Technology
To the consternation of the general insurers, who do motor business, the Ministry of Road Transport and Highways had issued a directive under Motor Vehicle Accident Fund scheme saying that the insurers have to even fund the cashless medical care of victims of...
by AIP Online Bureau | Aug 22, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Risk Management
Debasish Panda, chairman, IRDAI “Surety bonds play a crucial role in supporting India’s infrastructure development. By addressing the challenges and fostering collaboration, we can unlock the full potential of this valuable financial instrument. Today’s...
by AIP Online Bureau | Jun 11, 2024 | Indian News, Non-Life, Regulation, Reinsurance, Risk Management, Technology
The system should be developed in such a manner that whenever a claim is reported by the customer and registered by the insurer, the assignment of surveyor should happen automatically on a random basis by the new digital platform. The system will also seamlessly...
by AIP Online Bureau | Feb 13, 2024 | Eco/Invest/Demography, Health, Indian News
The `Cashless Everyehere’ initiative has been rolled out without adequately addressing the concerns raised by the Indian Medical Association and Hospital Board of India. There is an absence of clear guidelines and procedures governing the implementation of the...
